Thermo Fisher Scientific (TMO) Interest Expenses (2009 - 2026)

Thermo Fisher Scientific (TMO) recorded quarterly Interest Expenses of $354.0 million in Q1 2026, down 3.01% on a QoQ basis from $365.0 million in Q4 2025, and up 16.83% year-over-year from $303.0 million in Q1 2025.

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

Thermo Fisher Scientific has disclosed Interest Expenses across 15 years of filings, most recently posting $354.0 million for Q1 2026.

  • Quarterly Interest Expenses rose 16.83% year-over-year to $354.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 10.53% YoY) and the FY2025 annual result came in at $1.4 billion, up 2.09% from the prior year.
  • Interest Expenses eased to $354.0 million in Q1 2026, from $365.0 million in the prior quarter.
  • Over five years, Interest Expenses peaked at $404.0 million in Q2 2025 and troughed at $136.0 million in Q2 2022.
  • A 5-year average of $309.6 million and a median of $347.0 million in 2025 frame the typical range for Interest Expenses.
  • Annual changes were most pronounced in 2023 — Interest Expenses jumped 120.59% — and 2024, when it decreased 18.72%.
  • Tracing TMO's Interest Expenses over 5 years: stood at $269.0 million in 2022, then soared by 44.98% to $390.0 million in 2023, then retreated by 18.72% to $317.0 million in 2024, then climbed by 15.14% to $365.0 million in 2025, then fell by 3.01% to $354.0 million in 2026.
  • Business Quant data shows TMO's Interest Expenses at $354.0 million in Q1 2026, $365.0 million in Q4 2025, and $347.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 48.00 Mn
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 354.00 Mn
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 63.00 Mn
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 7.74 Mn
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 25.00 Mn
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 192.00 Mn
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 892,000.00
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 24.00 Mn
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 17.01 Mn
10 Quest Diagnostics 21.68 Bn 21.59 Bn 942.00 Mn -

Historic Data

Download Data
DateValue
Mar 28, 2026 354.00 Mn
Mar 28, 2026 354.00 Mn
Dec 31, 2025 365.00 Mn
Dec 31, 2025 365.00 Mn
Sep 27, 2025 347.00 Mn
Sep 27, 2025 347.00 Mn
Jun 28, 2025 404.00 Mn
Jun 28, 2025 404.00 Mn
Mar 29, 2025 303.00 Mn
Mar 29, 2025 303.00 Mn
Dec 31, 2024 317.00 Mn
Dec 31, 2024 317.00 Mn
Sep 28, 2024 356.00 Mn
Sep 28, 2024 356.00 Mn
Jun 29, 2024 354.00 Mn
Jun 29, 2024 354.00 Mn
Mar 30, 2024 363.00 Mn
Mar 30, 2024 363.00 Mn
Dec 31, 2023 390.00 Mn
Dec 31, 2023 390.00 Mn