Tax
State and Local Income Taxes, Net
Thermo Fisher Scientific State and Local Income Taxes, Net increased by 50.0% to $21.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 50.0%, from $14.00M to $21.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2015
Last reportedQ1 2026May 1, 2026
How to read this metric
Higher values indicate increased tax burdens in specific operating regions.
Detailed definition
The net expense incurred for state and local income taxes after accounting for the federal tax deduction benefit. This r...
Peer comparison
Common tax disclosure for companies with significant domestic operations.
Metric ID:
cat_state_and_local_income_taxes_netHistorical Data
13 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $29.00M | $37.00M | $31.00M | $36.00M | $66.00M | $24.00M | $29.00M | -$8.00M | $19.00M | $20.00M | $11.00M | $14.00M | $21.00M |
| QoQ Change | — | +27.6% | -16.2% | +16.1% | +83.3% | -63.6% | +20.8% | -127.6% | +337.5% | +5.3% | -45.0% | +27.3% | +50.0% |
| YoY Change | — | — | — | +24.1% | +78.4% | -22.6% | -19.4% | -112.1% | -20.8% | -31.0% | +237.5% | -26.3% | +50.0% |
Range-$8.00M – $66.00M
CAGR-10.2%
Avg YoY Growth+15.8%
Median YoY Growth-20.1%
Current Streak2 quarters growth
State and Local Income Taxes, Net at Other Companies
Frequently Asked Questions
- What is Thermo Fisher Scientific's state and local income taxes, net?
- Thermo Fisher Scientific (TMO) reported state and local income taxes, net of $21.00M in Q1 2026.
- How has Thermo Fisher Scientific's state and local income taxes, net changed year-over-year?
- Thermo Fisher Scientific's state and local income taxes, net increased by 50.0% year-over-year, from $14.00M to $21.00M.
- What does state and local income taxes, net mean?
- Net cost of state and local income taxes.