Thermo Fisher Scientific (TMO) Tax Provisions (2009 - 2026)
Thermo Fisher Scientific (TMO) recorded quarterly Tax Provisions of $70.0 million in Q1 2026, down 54.25% on a QoQ basis from $153.0 million in Q4 2025, and down 26.32% year-over-year from $95.0 million in Q1 2025.
Thermo Fisher Scientific (TMO) Tax Provisions (2009 - 2026) Analysis & Trends
Thermo Fisher Scientific has disclosed Tax Provisions across 18 years of filings, most recently posting $70.0 million for Q1 2026.
- Quarterly Tax Provisions fell 26.32% year-over-year to $70.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $522.0 million (up 10.59% YoY) and the FY2025 annual result came in at $547.0 million, down 16.74% from the prior year.
- Tax Provisions retreated to $70.0 million in Q1 2026, 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.
- A 5-year average of $133.1 million and a median of $128.0 million in 2024 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2022 — Tax Provisions plunged 88.56% — and 2024, when it jumped 510.87%.
- Tracing TMO's Tax Provisions over 5 years: stood at $173.0 million in 2022, then slipped by 23.12% to $133.0 million in 2023, then advanced by 12.78% to $150.0 million in 2024, then rose by 2.0% to $153.0 million in 2025, then sank by 54.25% to $70.0 million in 2026.
- Business Quant data shows TMO's Tax Provisions at $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 | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | -16.00 Mn |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 70.00 Mn |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 206.00 Mn |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 77.00 Mn |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 69.00 Mn |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 59.00 Mn |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 300,000.00 |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 23.00 Mn |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 40.20 Mn |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 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 |