NYSE$TMO
Thermo Fisher Scientific Inc · Q1 2026 earnings
Q1 2026 earnings · · Before market open · Investor relations
Briefing
Thermo Fisher reported Q1 2026 total revenue of $11.0B and net income of $1.65B, with diluted EPS of $4.43.
Total revenues were $11.0 billion (+6.2% YoY). Net income attributable to Thermo Fisher was $1.65 billion; diluted EPS was $4.43 versus $3.98. Product and service revenue growth and pharma/biotech end-market demand are discussed by segment.
- Total revenue $11.0B (+6.2% YoY).
- Net income $1.65B; diluted EPS $4.43 (+11% YoY).
- Product revenue $6.3B; service revenue $4.7B.
- Share repurchases reduced diluted share count.
Headline financials
Revenue & EPS history
Thermo Fisher · Revenue · Quarterly
$11B
Revenue by segment
Thermo Fisher · $11B total across 4 segments · Q3 2023
- Lab Products & Biopharma$5.73B+2.6%52.1%
- Life Sciences Solutions$2.43B-17.9%22.1%
- Analytical Instruments$1.75B+8.2%15.9%
- Specialty Diagnostics$1.08B+1.7%9.8%
Forward guidance
Management outlook in the 10-Q covers operating priorities, capital allocation, and sector risks; numeric multi-quarter bridges vary by issuer.
Tailwinds
- MD&A highlights strategic priorities and liquidity.
- Segment or product trends support the core business narrative.
Headwinds
- Macro, rates, or input costs may pressure near-term margins.
- One-time items can affect year-over-year comparability.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2026
+0.5%
Avg return
Earnings day
+0.4%
Avg return
5 days after
-0.1%
Avg return
30 days after
53%
39 / 73 earnings
Positive
+9.9%
Q2 2012
Best reaction
-7.8%
Q2 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.6% | -8.5% | -12.7% | |
| Q4 2025 | -4.6% | -6.2% | -14.3% | |
| Q3 2025 | +1.5% | +1.0% | +5.3% | |
| Q2 2025 | +3.2% | +5.8% | +6.3% | |
| Q1 2025 | -0.7% | -3.1% | -9.4% | |
| Q4 2024 | +6.8% | +2.2% | -6.9% | |
| Q3 2024 | -4.9% | -5.8% | -12.5% | |
| Q2 2024 | +7.7% | +9.4% | +9.8% | |
| Q1 2024 | -0.5% | +0.4% | +1.6% | |
| Q4 2023 | -2.6% | -2.7% | +1.6% | |
| Q3 2023 | -3.9% | -5.3% | +7.1% | |
| Q2 2023 | -1.9% | -3.9% | -5.1% | |
| Q1 2023 | -1.0% | +0.0% | -4.8% | |
| Q4 2022 | +2.9% | +1.0% | -1.9% | |
| Q3 2022 | -3.2% | -0.1% | +7.1% | |
| Q2 2022 | +2.8% | +0.7% | -3.1% | |
| Q1 2022 | +6.2% | +5.0% | +10.0% | |
| Q4 2021 | +0.1% | -1.2% | -7.9% | |
| Q3 2021 | +1.9% | +4.4% | +5.0% | |
| Q2 2021 | +0.7% | +0.6% | +3.4% | |
| Q1 2021 | -3.2% | -4.2% | -3.4% | |
| Q4 2020 | +1.7% | -3.4% | -11.5% | |
| Q3 2020 | +3.6% | +3.7% | -3.1% | |
| Q2 2020 | +1.8% | +2.6% | +6.3% | |
| Q1 2020 | +0.3% | +7.2% | +6.5% | |
| Q4 2019 | -6.2% | -2.4% | -12.9% | |
| Q3 2019 | +4.4% | +6.7% | +9.5% | |
| Q2 2019 | -1.0% | -1.6% | -8.3% | |
| Q1 2019 | +2.1% | +3.3% | +3.0% | |
| Q4 2018 | +3.7% | +2.8% | +11.5% | |
| Q3 2018 | +3.1% | +2.2% | +5.2% | |
| Q2 2018 | +5.7% | +4.2% | +6.0% | |
| Q1 2018 | +0.3% | -1.3% | +0.2% | |
| Q4 2017 | +3.6% | -2.9% | -3.8% | |
| Q3 2017 | +3.1% | -1.2% | -0.4% | |
| Q2 2017 | -2.7% | -2.6% | -1.6% | |
| Q1 2017 | +5.0% | +4.9% | +9.2% | |
| Q4 2016 | +6.7% | +5.7% | +11.1% | |
| Q3 2016 | -0.6% | -1.4% | -2.6% | |
| Q2 2016 | -0.0% | -1.5% | -4.1% | |
| Q1 2016 | -2.0% | — | — | |
| Q4 2015 | -2.8% | — | — | |
| Q3 2015 | -3.6% | — | — | |
| Q2 2015 | +3.0% | — | — | |
| Q1 2015 | -3.6% | — | — | |
| Q4 2014 | +0.7% | — | — | |
| Q3 2014 | -1.7% | — | — | |
| Q2 2014 | +2.0% | — | — | |
| Q1 2014 | -4.1% | — | — | |
| Q4 2013 | +3.0% | — | — | |
| Q3 2013 | +1.3% | — | — | |
| Q2 2013 | +1.9% | — | — | |
| Q1 2013 | -0.6% | — | — | |
| Q4 2012 | +6.2% | — | — | |
| Q3 2012 | +7.1% | — | — | |
| Q2 2012 | +9.9% | — | — | |
| Q1 2012 | +4.1% | — | — | |
| Q4 2011 | -0.1% | — | — | |
| Q4 2010 | -0.1% | — | — | |
| Q3 2011 | -1.5% | — | — | |
| Q2 2011 | -7.8% | — | — | |
| Q1 2011 | -0.2% | — | — | |
| Q3 2010 | -1.7% | — | — | |
| Q2 2010 | +1.0% | — | — | |
| Q1 2009 | -6.2% | — | — | |
| Q1 2010 | +0.2% | — | — | |
| Q4 2007 | -1.3% | — | — | |
| Q4 2009 | -1.3% | — | — | |
| Q3 2008 | -2.8% | — | — | |
| Q3 2009 | -2.8% | — | — | |
| Q2 2008 | +0.5% | — | — | |
| Q2 2009 | +0.5% | — | — | |
| Q4 2008 | +0.5% | — | — |
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