Thermo Fisher Scientific (TMO) EBITDA (2009 - 2026)

Thermo Fisher Scientific (TMO) posted quarterly EBITDA of $2.1 billion for Q2 2026, up 13.79% year-over-year from $1.8 billion in Q2 2025, and up 12.02% on a QoQ basis from $1.9 billion in Q1 2026.

Thermo Fisher Scientific (TMO) EBITDA (2009 - 2026) Analysis & Trends

Thermo Fisher Scientific has reported EBITDA for 18 years, with the latest figure at $2.1 billion in Q2 2026.

  • EBITDA for Q2 2026 came in at $2.1 billion, up 13.79% year-over-year; the trailing twelve-month figure through Jun 2026 was $8.1 billion (up 10.02% YoY), and the FY2025 annual result was $7.7 billion, up 5.57% from the prior year.
  • EBITDA climbed to $2.1 billion in Q2 2026, from $1.9 billion in the prior quarter.
  • Over five years, EBITDA peaked at $2.8 billion in Q2 2022 and troughed at $1.6 billion in Q2 2023.
  • A 5-year average of $1.9 billion and a median of $1.9 billion in 2022 frame the typical range for EBITDA.
  • The widest annual swing landed in 2023, when EBITDA plunged 44.59%; it then rose 15.34% in 2024.
  • A 5-year view of EBITDA shows it stood at $1.9 billion in 2022, then fell by 0.38% to $1.9 billion in 2023, then grew by 8.74% to $2.0 billion in 2024, then grew by 11.86% to $2.3 billion in 2025, then slipped by 7.45% to $2.1 billion in 2026.
  • Per Business Quant data, the three most recent EBITDA figures were $2.1 billion in Q2 2026, $1.9 billion in Q1 2026, and $2.3 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Thermo Fisher Scientific 213.68 Bn 209.62 Bn 8.34 Bn 2.09 Bn
2 Danaher 140.36 Bn 136.01 Bn 3.61 Bn 1.13 Bn
3 Idexx Laboratories 46.24 Bn 46.05 Bn 779.09 Mn 425.57 Mn
4 Agilent Technologies 39.65 Bn 37.84 Bn 990.00 Mn 399.00 Mn
5 Iqvia Holdings 39.23 Bn 37.15 Bn 1.44 Bn 506.00 Mn
6 Natera 38.88 Bn 37.78 Bn 696.04 Mn -93.52 Mn
7 Illumina 30.04 Bn 28.87 Bn 770.00 Mn 245.00 Mn
8 Mettler Toledo International 28.62 Bn 28.57 Bn 650.22 Mn 328.45 Mn
9 Quest Diagnostics 26.22 Bn 25.59 Bn 1.03 Bn 459.00 Mn
10 Labcorp Holdings 25.83 Bn 24.85 Bn 1.01 Bn 380.80 Mn

Historic Data

Download Data
DateValue
Jun 27, 2026 2.09 Bn
Mar 28, 2026 1.86 Bn
Dec 31, 2025 2.26 Bn
Sep 27, 2025 1.94 Bn
Jun 28, 2025 1.83 Bn
Mar 29, 2025 1.72 Bn
Dec 31, 2024 2.02 Bn
Sep 28, 2024 1.84 Bn
Jun 29, 2024 1.82 Bn
Mar 30, 2024 1.66 Bn
Dec 31, 2023 1.85 Bn
Sep 30, 2023 1.86 Bn
Jul 1, 2023 1.58 Bn
Apr 1, 2023 1.56 Bn
Dec 31, 2022 1.86 Bn
Oct 1, 2022 1.71 Bn
Jul 2, 2022 2.00 Bn
Apr 2, 2022 2.82 Bn
Dec 31, 2021 2.54 Bn
Oct 2, 2021 2.28 Bn