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Thermo Fisher Scientific TMO Q1 2026 earnings

Reported April 23, 2026 · Before market open

Revenue$11.0BBeat by $140.3M
EPS$5.44Beat by $0.19
Revenue estimate$10.9B
EPS estimate$5.25

Next report

Oct 21, 2026 (In 2 weeks)
Revenue estimate$12.0B
EPS estimate$6.41

Financials

Q1 2026

Income statement

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Revenue$11.0B+6.2%
Operating income$1.9B+8.6%
Net income$1.7B+9.6%
EPS (diluted)$4.43+11.3%

Balance sheet

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Cash & equivalents$3.3B-21.4%
Total debt$43.2B+16.6%
Total equity$51.9B+5.2%
Total assets$113.28B+14.4%

Cash flow

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Operating cash flow$1.2B+64.9%
CapEx$376.0M+3.9%
Free cash flow$816.0M+126%

Valuation & ratios

Valuation

as of 03/28/26
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Market cap$182.6B-2.7%
Enterprise value$222.48B+0.9%
P/E26.7×-2.2×

Returns & leverage

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Return on equity13.5%-0.2pp
Debt / equity0.8×+0.1×
Current ratio1.5×-0.2×

Segments

By segment

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Laboratory Products and Biopharma Services$6.0B+7.0%
Life Sciences Solutions$2.6B+12.6%
Analytical Instruments$1.7B-0.1%
Specialty Diagnostics$1.1B-0.5%

By geography

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North America$5.7B+3.5%
Europe$3.0B+12.7%
Asia-Pacific$2.0B+4.2%
Other regions$372.0M+10.4%

By product

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Service revenues$4.7B+7.8%
Consumables$4.7B+8.5%
Instruments$1.6B-4.4%

FAQ

When did Thermo Fisher Scientific report Q1 2026 earnings?
Thermo Fisher Scientific (TMO) reported Q1 2026 earnings on April 23, 2026 before market open.
What were Thermo Fisher Scientific's Q1 2026 revenue and EPS?
Thermo Fisher Scientific reported revenue of $11.0B and eps of $5.44 for Q1 2026.
Did Thermo Fisher Scientific beat estimates in Q1 2026?
Revenue beat the consensus estimate of $10.9B by $140.3M. EPS beat the consensus estimate of $5.25 by $0.19.
How did Thermo Fisher Scientific's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 6.2% from $10.4B a year earlier and eps grew 5.6% from $5.15.
Where can I find Thermo Fisher Scientific's Q1 2026 SEC filings?
You can read the 8-K earnings release (0000097745-26-000086) and the 10-Q periodic report (0000097745-26-000092) directly on SEC EDGAR. The filing index links above go to sec.gov.