Income Before Tax
Pre-Tax Income
Thermo Fisher Scientific Pre-Tax Income increased by 7.0% to $1.73B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.0%, from $1.62B to $1.73B. Over 3 years (FY 2021 to FY 2024), Pre-Tax Income shows a downward trend with a -7.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 1, 2026
How to read this metric
Higher values indicate stronger overall profitability and operational efficiency before tax impacts.
Detailed definition
Measures the profitability of the company after all operating and non-operating expenses have been deducted, but before...
Peer comparison
A standard GAAP metric used universally to compare pre-tax performance across different industries.
Metric ID:
income_before_taxHistorical Data
17 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.05B | $2.17B | $1.87B | $2.54B | $1.92B | $1.60B | $1.78B | $1.36B | $1.43B | $1.77B | $1.74B | $1.59B | $1.77B | $1.74B | $1.94B | $1.62B | $1.73B |
| QoQ Change | — | +6.2% | -14.0% | +36.0% | -24.5% | -16.5% | +11.0% | -23.3% | +4.9% | +23.4% | -1.4% | -8.7% | +11.1% | -1.3% | +11.4% | -16.5% | +7.0% |
| YoY Change | — | — | — | — | -6.4% | -26.3% | -4.9% | -46.3% | -25.4% | +10.2% | -2.1% | +16.6% | +23.4% | -1.3% | +11.6% | +2.0% | +7.0% |
Range$1.36B – $2.54B
CAGR-4.1%
Avg YoY Growth-3.2%
Median YoY Growth-1.3%
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is Thermo Fisher Scientific's pre-tax income?
- Thermo Fisher Scientific (TMO) reported pre-tax income of $1.73B in Q1 2026.
- How has Thermo Fisher Scientific's pre-tax income changed year-over-year?
- Thermo Fisher Scientific's pre-tax income increased by 7.0% year-over-year, from $1.62B to $1.73B.
- What is the long-term trend for Thermo Fisher Scientific's pre-tax income?
- Over 3 years (2021 to 2024), Thermo Fisher Scientific's pre-tax income has grown at a -7.3% compound annual growth rate (CAGR), from $8.84B to $7.04B.
- What does pre-tax income mean?
- Total profit earned before accounting for income tax obligations.