Thermo Fisher Scientific (TMO) Exchange Rate Effect (2009 - 2026)

Thermo Fisher Scientific (TMO) recorded quarterly Exchange Rate Effect of $78.0 million in Q1 2026, up 1400.0% on a QoQ basis from -$6.0 million in Q4 2025, and up 110.81% year-over-year from $37.0 million in Q1 2025.

Thermo Fisher Scientific (TMO) Exchange Rate Effect (2009 - 2026) Analysis & Trends

Thermo Fisher Scientific has disclosed Exchange Rate Effect across 18 years of filings, most recently posting $78.0 million for Q1 2026.

  • Quarterly Exchange Rate Effect rose 110.81% year-over-year to $78.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $308.0 million (up 505.26% YoY) and the FY2025 annual result came in at $267.0 million, up 393.41% from the prior year.
  • Exchange Rate Effect rose to $78.0 million in Q1 2026, from -$6.0 million in the prior quarter.
  • Over five years, Exchange Rate Effect peaked at $311.0 million in Q2 2025 and troughed at -$273.0 million in Q4 2024.
  • A 5-year average of $1.9 million and a median of -$6.0 million in 2025 frame the typical range for Exchange Rate Effect.
  • Annual changes were most pronounced in 2024 — Exchange Rate Effect tumbled 2830.0% — and 2025, when it soared 2173.33%.
  • Tracing TMO's Exchange Rate Effect over 5 years: stood at $250.0 million in 2022, then slumped by 96.0% to $10.0 million in 2023, then slumped by 2830.0% to -$273.0 million in 2024, then jumped by 97.8% to -$6.0 million in 2025, then jumped by 1400.0% to $78.0 million in 2026.
  • Business Quant data shows TMO's Exchange Rate Effect at $78.0 million in Q1 2026, -$6.0 million in Q4 2025, and -$75.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FX Effect (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn -5.00 Mn
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 78.00 Mn
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn -33.00 Mn
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn -816,000.00
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn -7.00 Mn
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn -22.00 Mn
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn -
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn -1.00 Mn
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn -426,000.00
10 Quest Diagnostics 21.68 Bn 21.59 Bn 942.00 Mn -1.00 Mn

Historic Data

Download Data
DateValue
Mar 28, 2026 78.00 Mn
Mar 28, 2026 78.00 Mn
Dec 31, 2025 -6.00 Mn
Dec 31, 2025 -6.00 Mn
Sep 27, 2025 -75.00 Mn
Sep 27, 2025 -75.00 Mn
Jun 28, 2025 311.00 Mn
Jun 28, 2025 311.00 Mn
Mar 29, 2025 37.00 Mn
Mar 29, 2025 37.00 Mn
Dec 31, 2024 -273.00 Mn
Dec 31, 2024 -273.00 Mn
Sep 28, 2024 175.00 Mn
Sep 28, 2024 175.00 Mn
Jun 29, 2024 -15.00 Mn
Jun 29, 2024 -15.00 Mn
Mar 30, 2024 22.00 Mn
Mar 30, 2024 22.00 Mn
Dec 31, 2023 10.00 Mn
Dec 31, 2023 10.00 Mn