Discontinued — last reported Q4 '25

Tax

Change in Tax Valuation Allowance

Thermo Fisher Scientific Change in Tax Valuation Allowance increased by 100.0% to $0.00 in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 100.0%, from -$28.00M to $0.00. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2015
Last reportedQ4 2025

How to read this metric

A decrease in the allowance is generally positive, suggesting improved confidence in realizing tax benefits; an increase suggests potential impairment of tax assets.

Detailed definition

This metric tracks changes in the valuation allowance established against deferred tax assets, reflecting management's a...

Peer comparison

Standard disclosure for companies with significant deferred tax assets or historical losses.

Metric ID: is_tmo_tax_valuation_allowance_change

Historical Data

13 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q1 '26
Value$30.00M-$11.00M-$87.00M-$88.00M$415.00M$67.00M-$1.00M-$183.00M$47.00M-$183.00M-$25.00M-$28.00M$0.00
QoQ Change-136.7%-690.9%-1.1%+571.6%-83.9%-101.5%<-999%+125.7%-489.4%+86.3%-12.0%+100.0%
YoY Change-393.3%>999%+177.0%+98.9%-144.1%-29.9%<-999%+86.3%-159.6%+100.0%
Range-$183.00M$415.00M
CAGR-100.0%
Avg YoY Growth<-999%
Median YoY Growth+28.2%

Frequently Asked Questions

What is Thermo Fisher Scientific's change in tax valuation allowance?
Thermo Fisher Scientific (TMO) reported change in tax valuation allowance of $0.00 in Q1 2026.
How has Thermo Fisher Scientific's change in tax valuation allowance changed year-over-year?
Thermo Fisher Scientific's change in tax valuation allowance increased by 100.0% year-over-year, from -$28.00M to $0.00.
What does change in tax valuation allowance mean?
The change in the reserve set aside for tax assets that may not be realized.