What is Thermo Fisher Scientific's net income (NCI)?

Thermo Fisher Scientific (TMO) reported net income (NCI) of $5M in Q1 2026.

How has Thermo Fisher Scientific's net income (NCI) changed year-over-year?

Thermo Fisher Scientific's net income (NCI) increased by 25.0% year-over-year, from $4M to $5M.

What does net income (NCI) mean?

The portion of net income attributable to minority shareholders in subsidiaries that are not 100% owned by the parent company. Deducted to arrive at net income attributable to the parent.

Thermo Fisher Scientific TMO Net Income (NCI)

Net Income (NCI) at other companies

Ryan Specialty HoldingsRYAN

$22.95M-1.3%

CSW Industrials, Inc.CSW

$336K+3,260%

USANA Health SciencesUSNA

-$556K-396%

Ondas, Inc. ONDS

-$1.7M-424%

KennametalKMT

$2.89M+80.9%

Lee EnterprisesLEE

$439K-11.5%

Other financials

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

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Market cap$186.32B+25.0%

Enterprise value$226.2B+24.4%

P/E27.2×+4.6×

P/S4.3×-0.8×

Profitability

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Gross margin58.3%—

Operating margin17.2%+0.8pp

Net margin15.2%+1.0pp

FCF margin15.7%-2.1pp

Returns & leverage

See full

Return on equity13.5%-0.2pp

Debt / equity0.8×+0.1×

Current ratio1.5×-0.2×

Where this comes from

Reported directly by Thermo Fisher Scientific in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLossAttributableToNoncontrollingInterest.

The official record: Thermo Fisher Scientific’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Thermo Fisher Scientific's net income (NCI)?: Thermo Fisher Scientific (TMO) reported net income (NCI) of $5M in Q1 2026.
How has Thermo Fisher Scientific's net income (NCI) changed year-over-year?: Thermo Fisher Scientific's net income (NCI) increased by 25.0% year-over-year, from $4M to $5M.
What does net income (NCI) mean?: The portion of net income attributable to minority shareholders in subsidiaries that are not 100% owned by the parent company. Deducted to arrive at net income attributable to the parent.