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
DateValue
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