Thermo Fisher Scientific (TMO) Tax Provisions (2009 - 2026)
Thermo Fisher Scientific (TMO) posted Tax Provisions of $70.0 million for Q1 2026, down 54.25% quarter-over-quarter from $153.0 million in Q4 2025, and down 26.32% year-on-year from $95.0 million in Q1 2025.
Thermo Fisher Scientific (TMO) Tax Provisions (2009 - 2026) Analysis & Trends
Thermo Fisher Scientific (TMO) has reported Tax Provisions for 18 consecutive years, with $70.0 million the latest figure, recorded in Q1 2026.
- Tax Provisions for Q1 2026 came in at $70.0 million, down 26.32% year-over-year; the trailing twelve-month figure through Mar 2026 was $522.0 million (up 10.59% YoY), and the FY2025 annual result was $547.0 million, down 16.74% from the prior year.
- Tax Provisions was $70.0 million for Q1 2026 at Thermo Fisher Scientific, down from $153.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $301.0 million in Q2 2022 and troughed at $31.0 million in Q4 2022.
- Average Tax Provisions over 5 years is $133.1 million, with a median of $128.0 million recorded in 2024.
- Year-over-year, Tax Provisions slumped 88.56% in 2022 and soared 510.87% in 2024.
- Over 5 years, Tax Provisions stood at $173.0 million in 2022, then dropped by 23.12% to $133.0 million in 2023, then climbed by 12.78% to $150.0 million in 2024, then gained by 2.0% to $153.0 million in 2025, then slumped by 54.25% to $70.0 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $70.0 million in Q1 2026, $153.0 million in Q4 2025, and $207.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | -16.00 Mn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 70.00 Mn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 206.00 Mn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 77.00 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 300,000.00 |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 69.00 Mn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 59.00 Mn |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 23.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 40.20 Mn |
| 10 | Quest Diagnostics | 23.76 Bn | 23.67 Bn | 942.00 Mn | 74.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 70.00 Mn |
| Dec 31, 2025 | 153.00 Mn |
| Sep 27, 2025 | 207.00 Mn |
| Jun 28, 2025 | 92.00 Mn |
| Mar 29, 2025 | 95.00 Mn |
| Dec 31, 2024 | 150.00 Mn |
| Sep 28, 2024 | 99.00 Mn |
| Jun 29, 2024 | 128.00 Mn |
| Mar 30, 2024 | 281.00 Mn |
| Dec 31, 2023 | 133.00 Mn |
| Sep 30, 2023 | 53.00 Mn |
| Jul 1, 2023 | 52.00 Mn |
| Apr 1, 2023 | 46.00 Mn |
| Dec 31, 2022 | 173.00 Mn |
| Oct 1, 2022 | 31.00 Mn |
| Jul 2, 2022 | 198.00 Mn |
| Apr 2, 2022 | 301.00 Mn |
| Dec 31, 2021 | 203.00 Mn |
| Oct 2, 2021 | 271.00 Mn |
| Jul 3, 2021 | 219.00 Mn |