Thermo Fisher Scientific (TMO) Tax Provisions (2009 - 2026)
Thermo Fisher Scientific (TMO) posted quarterly Tax Provisions of $167.0 million for Q2 2026, up 81.52% year-over-year from $92.0 million in Q2 2025, and up 138.57% on a QoQ basis from $70.0 million in Q1 2026.
Thermo Fisher Scientific (TMO) Tax Provisions (2009 - 2026) Analysis & Trends
Thermo Fisher Scientific has reported Tax Provisions for 18 years, with the latest figure at $167.0 million in Q2 2026.
- Tax Provisions for Q2 2026 came in at $167.0 million, up 81.52% year-over-year; the trailing twelve-month figure through Jun 2026 was $597.0 million (up 36.93% YoY), and the FY2025 annual result was $547.0 million, down 16.74% from the prior year.
- Tax Provisions climbed to $167.0 million in Q2 2026, from $70.0 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.
- A 5-year average of $134.9 million and a median of $130.5 million in 2023 frame the typical range for Tax Provisions.
- The widest annual swing landed in 2022, when Tax Provisions tumbled 88.56%; it then jumped 510.87% in 2024.
- A 5-year view of Tax Provisions shows it stood at $173.0 million in 2022, then retreated by 23.12% to $133.0 million in 2023, then rose by 12.78% to $150.0 million in 2024, then grew by 2.0% to $153.0 million in 2025, then increased by 9.15% to $167.0 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $167.0 million in Q2 2026, $70.0 million in Q1 2026, and $153.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.86 Bn | 209.80 Bn | 8.34 Bn | 167.00 Mn |
| 2 | Danaher | 140.41 Bn | 136.07 Bn | 3.61 Bn | 208.00 Mn |
| 3 | Idexx Laboratories | 46.33 Bn | 46.13 Bn | 779.09 Mn | 78.81 Mn |
| 4 | Agilent Technologies | 39.71 Bn | 37.90 Bn | 990.00 Mn | 69.00 Mn |
| 5 | Iqvia Holdings | 39.35 Bn | 37.27 Bn | 1.44 Bn | 60.00 Mn |
| 6 | Natera | 38.97 Bn | 37.87 Bn | 696.04 Mn | 300,000.00 |
| 7 | Illumina | 30.09 Bn | 28.92 Bn | 770.00 Mn | 53.00 Mn |
| 8 | Mettler Toledo International | 28.70 Bn | 28.65 Bn | 650.22 Mn | 56.50 Mn |
| 9 | Quest Diagnostics | 26.19 Bn | 25.56 Bn | 1.03 Bn | 88.00 Mn |
| 10 | Labcorp Holdings | 25.89 Bn | 24.91 Bn | 1.01 Bn | 41.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 167.00 Mn |
| 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 |