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
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