Tax

Tax Reconciliation, Valuation Allowance Change

Thermo Fisher Scientific Tax Reconciliation, Valuation Allowance Change increased by 100.0% to $0.00 in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 100.0%, from -$28.00M to $0.00.

Analysis

StatementIncome Statement
SectionTax
First reportedQ1 2021
Last reportedQ1 2026May 1, 2026
Metric ID: cop_tax_reconciliation_valuation_allowance_change

Historical Data

11 periods
 Q2 '21Q1 '22Q2 '22Q3 '22Q1 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q1 '26
Value$30.00M-$87.00M-$88.00M$415.00M$67.00M-$183.00M$47.00M-$183.00M-$94.00M-$28.00M$0.00
QoQ Change-390.0%-1.1%+571.6%-83.9%-373.1%+125.7%-489.4%+48.6%+70.2%+100.0%
YoY Change-393.3%+177.0%-144.1%-29.9%+48.6%-159.6%+100.0%
Range-$183.00M$415.00M
CAGR-100.0%
Avg YoY Growth-57.3%
Median YoY Growth-29.9%
Current Streak3 quarters growth

Frequently Asked Questions

What is Thermo Fisher Scientific's tax reconciliation, valuation allowance change?
Thermo Fisher Scientific (TMO) reported tax reconciliation, valuation allowance change of $0.00 in Q1 2026.
How has Thermo Fisher Scientific's tax reconciliation, valuation allowance change changed year-over-year?
Thermo Fisher Scientific's tax reconciliation, valuation allowance change increased by 100.0% year-over-year, from -$28.00M to $0.00.