Thermo Fisher Scientific TMO
NYSE TMO
$659.18 +10.75 (+1.66%)
As of: Sep 17, 2026 · 3:59 PM EDT

Thermo Fisher Scientific (TMO) Tax Provisions (2009 - 2026)

Thermo Fisher Scientific's (TMO) quarterly Tax Provisions came in at $167.0 million in Q2 2026, up 81.52% on a YoY basis from $92.0 million in Q2 2025, and up 138.57% quarter-over-quarter from $70.0 million in Q1 2026.

Analysis

Thermo Fisher Scientific (TMO) Tax Provisions (2009 - 2026) Analysis & Trends

Thermo Fisher Scientific (TMO) has reported Tax Provisions for 18 consecutive years, with $167.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Tax Provisions rose 81.52% year-over-year to $167.0 million; the trailing twelve-month figure through Jun 2026 stood at $597.0 million (up 36.93% YoY), and the FY2025 full-year result was $547.0 million, down 16.74% from the prior year.
  • Tax Provisions climbed to $167.0 million in Q2 2026 per TMO's latest filing, from $70.0 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $301.0 million in Q2 2022 and bottomed at $31.0 million in Q4 2022.
  • Historically, Tax Provisions has averaged $134.9 million across 5 years, with a median of $130.5 million in 2023.
  • The sharpest annual moves came in 2022 and 2024: Tax Provisions sank 88.56% in 2022, then surged 510.87% in 2024.
  • Over 5 years, Tax Provisions 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 gained by 9.15% to $167.0 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered $167.0 million, $70.0 million, and $153.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Thermo Fisher Scientific 241.68 Bn 237.61 Bn 8.34 Bn 167.00 Mn
2 Danaher 147.34 Bn 142.99 Bn 3.61 Bn 208.00 Mn
3 Agilent Technologies 43.34 Bn 41.59 Bn 1.04 Bn 82.00 Mn
4 Illumina 34.58 Bn 33.41 Bn 770.00 Mn 53.00 Mn
5 Revvity 16.31 Bn 15.29 Bn 416.87 Mn 10.05 Mn
6 Bio-Techne 11.28 Bn 11.01 Bn 211.39 Mn 16.06 Mn
7 Bio-Rad Laboratories 10.16 Bn 8.54 Bn 345.80 Mn 170.70 Mn
8 Repligen 9.77 Bn 8.75 Bn 110.04 Mn 9.15 Mn
9 10x Genomics 9.45 Bn 8.90 Bn 112.50 Mn -714,000.00
10 Bruker 9.26 Bn 9.04 Bn 416.00 Mn 14.20 Mn
Historic Data

Historic Data

Download Data
DateValue
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