Non-Current Assets

Goodwill

Thermo Fisher Scientific Goodwill increased by 11.8% to $55.19B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.7%, from $46.49B to $55.19B. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 13.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2013
Last reportedQ1 2026May 1, 2026

How to read this metric

High levels indicate a history of M&A; significant write-downs signal that expected synergies or business performance have failed to materialize.

Detailed definition

Goodwill arises when a company acquires another entity for a price higher than the fair market value of its identifiable...

Peer comparison

High for companies that grow primarily through frequent, large-scale acquisitions.

Metric ID: goodwill

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$26.90B$26.91B$41.92B$41.72B$41.07B$40.49B$41.20B$43.14B$43.27B$43.58B$44.02B$43.84B$43.84B$46.73B$45.85B$46.49B$47.25B$49.29B$49.36B$55.19B
QoQ Change+0.0%+55.8%-0.5%-1.6%-1.4%+1.7%+4.7%+0.3%+0.7%+1.0%-0.4%+0.0%+6.6%-1.9%+1.4%+1.6%+4.3%+0.2%+11.8%
YoY Change+52.6%+50.5%-1.7%+3.4%+5.4%+7.6%+6.9%+1.6%+1.3%+7.2%+4.2%+6.0%+7.8%+5.5%+7.7%+18.7%
Range$26.90B$55.19B
CAGR+16.3%
Avg YoY Growth+11.5%
Median YoY Growth+6.4%
Current Streak5 quarters growth

Business Segments

View all
SegmentQ4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Laboratory Products and Biopharma Services$24.23B
Life Sciences Solutions$10.14B$10.15B$10.15B$12.34B$14.91B
Analytical Instruments$5.04B$4.97B$5.05B$4.96B$5.14B
Specialty Diagnostics$3.28B$3.09B$4.92B$4.78B$5.08B
Laboratory Productsand Services$23.46B$22.99B$23.90B
Total$41.92B$41.20B$44.02B$45.85B$49.36B

Laboratory Productsand Services was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Thermo Fisher Scientific's goodwill?
Thermo Fisher Scientific (TMO) reported goodwill of $55.19B in Q1 2026.
How has Thermo Fisher Scientific's goodwill changed year-over-year?
Thermo Fisher Scientific's goodwill increased by 18.7% year-over-year, from $46.49B to $55.19B.
What is the long-term trend for Thermo Fisher Scientific's goodwill?
Over 5 years (2020 to 2025), Thermo Fisher Scientific's goodwill has grown at a 13.6% compound annual growth rate (CAGR), from $26.04B to $49.36B.
What does goodwill mean?
The premium paid over the fair value of assets when acquiring another company.