Discontinued — last reported Q4 '20
Thermo Fisher Scientific State and Local Income Taxes, Net 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 is a positive signal — lower values indicate better performance for this metric.
An increase indicates higher state-level tax burdens, potentially due to changes in operations or tax laws in specific regions.
Represents the net expense incurred for state and local income taxes after accounting for the federal tax benefit of ded...
Standard line item for US-based companies with significant domestic operations.
is_cat_state_and_local_income_taxes_net| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '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 | -$8.00M | $19.00M | $20.00M | $11.00M | $14.00M | $21.00M |
| QoQ Change | — | +27.6% | -16.2% | +16.1% | +83.3% | -63.6% | +20.8% | -127.6% | +337.5% | +5.3% | -45.0% | +27.3% | +50.0% |
| YoY Change | — | — | — | +24.1% | +78.4% | -22.6% | -19.4% | -112.1% | -20.8% | -31.0% | +237.5% | -26.3% | +50.0% |