StockWatch
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THERMO FISHER SCIENTIFIC INC. Q1 FY26 Results

TMOQ1 FY26 Results
Filing
MetricValue ($ M)Q1 FY25
Revenue11.0K6.2%
Total Income11.0K6.2%
Expenditure9.1K5.7%
PBT1.7K7.0%
Net Profit1.7K9.6%
OPM16.93%0.37pp
NPM15.00%0.46pp
EPS4.4411.3%
View full financials

Thermo Fisher Scientific Reports Q1 2026 Revenue Up 6% to $11.01 Billion

23 Apr 2026 · 23 Apr, 3:33 pm

Summary

Thermo Fisher Scientific reported a strong start to the year with first quarter revenue growing 6% to $11.01 billion. GAAP diluted EPS increased by 11% to $4.43, while adjusted EPS grew by 6% to $5.44. The company continued to execute its capital deployment strategy, completing the acquisition of Clario, repurchasing $3.0 billion of stock, and increasing its dividend by 10%. Management is well positioned to deliver a strong year, helping customers accelerate their innovation and enhance their productivity.

Key Highlights

  1. 1

    First quarter revenue grew 6% to $11.01 billion.

  2. 2

    GAAP diluted earnings per share (EPS) grew 11% to $4.43 in the first quarter.

  3. 3

    Adjusted EPS for the first quarter grew 6% to $5.44.

  4. 4

    The company completed the acquisition of Clario during the quarter.

  5. 5

    Thermo Fisher Scientific repurchased $3.0 billion of stock and increased its dividend by 10% during the quarter.

Management Comments

M

Marc N. Casper

We delivered a strong start to the year, reflecting excellent execution by our team, as we leveraged the PPI Business System to drive operational excellence and enable our customers’ success. We continued to make great progress executing our strategy, further strengthening our capabilities with the addition of Clario.

M

Marc N. Casper

Looking ahead, we are well positioned to deliver a strong year. As the trusted partner to our customers, we are uniquely equipped to help them accelerate their innovation and enhance their productivity. Through our global scale and the power of the PPI Business System, we will continue to actively manage the company to create value for our stakeholders and build an even brighter future for our company.

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