Other
State and local taxes
Thermo Fisher Scientific State and local taxes 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 increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOther
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2015
Last reportedQ1 2026May 1, 2026
How to read this metric
An increase suggests higher tax obligations in specific operating regions, while a decrease may reflect lower regional profitability or tax planning.
Detailed definition
This metric quantifies the total expense incurred for state and local income taxes, net of any federal tax benefits. It...
Peer comparison
Standard disclosure in the tax reconciliation note for companies with multi-state or multi-jurisdictional operations.
Metric ID:
other_income_tax_reconciliation_state_and_local_income_taxesHistorical Data
12 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '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 | $19.00M | $20.00M | $11.00M | $14.00M | $21.00M |
| QoQ Change | — | +27.6% | -16.2% | +16.1% | +83.3% | -63.6% | +20.8% | -34.5% | +5.3% | -45.0% | +27.3% | +50.0% |
| YoY Change | — | — | — | +24.1% | +78.4% | -22.6% | -19.4% | -20.8% | -31.0% | — | -26.3% | +50.0% |
Range$11.00M – $66.00M
CAGR-11.1%
Avg YoY Growth+4.0%
Median YoY Growth-20.1%
Current Streak2 quarters growth
State and local taxes at Other Companies
Frequently Asked Questions
- What is Thermo Fisher Scientific's state and local taxes?
- Thermo Fisher Scientific (TMO) reported state and local taxes of $21.00M in Q1 2026.
- How has Thermo Fisher Scientific's state and local taxes changed year-over-year?
- Thermo Fisher Scientific's state and local taxes increased by 50.0% year-over-year, from $14.00M to $21.00M.
- What does state and local taxes mean?
- The total net cost of state and local income taxes.