10-Q quarterly report · filed Jul 31, 2026

Thermo Fisher Scientific (TMO) Q2 2026 10-Q Quarterly Report

Short answer

Thermo Fisher Scientific (TMO) filed its Q2 2026 10-Q quarterly report on Jul 31, 2026 for the quarter ended Jun 27, 2026. Quarterly revenue was $12.0B (up 10.5% year over year) with net income of $1.7B.

Q2 2026 key financials · XBRL

Revenue
$12.0B
+10.5% YoY · +9.0% QoQ
Net income
$1.7B
+7.4% YoY · +5.1% QoQ
Operating margin
17.4%
EPS (diluted)
$4.67
+9.1% YoY · +5.4% QoQ

Source: XBRL data from the Thermo Fisher Scientific (TMO) Q2 2026 10-Q on SEC EDGAR. USD.

Thermo Fisher Scientific Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q2 revenue $11,994M, up 10% YoY from $10,855M; organic growth 5%
  • GAAP operating margin 17.4% vs 16.9% YoY; adjusted margin 22.8% vs 21.9%
  • Best segment Laboratory Products and Biopharma Services: revenue $6,693M, up 12%; worst Analytical Instruments: $1,847M, up 7%
  • Cash $4,064M vs $9,852M at year-end; debt $42,549M vs $39,384M
  • Six-month operating cash flow $3,317M vs $2,122M; acquisitions used $8.87B, buybacks $4.00B, dividends $0.34B
  • Outlook: 2026 GAAP tax rate 9%-11%, adjusted tax rate approximately 11.5%, capital expenditures $1.9B-$2.1B

Risk Factors

  • No material risk-factor changes; quarterly filing refers investors to the December 31, 2025 Form 10-K
  • Capital-allocation risk; $1.0 billion remained available under the $5.00 billion repurchase authorization
  • Insider-trading compliance risk; CEO modified a Rule 10b5-1 plan covering 108,888 shares
  • Insider-trading compliance risk; COO adopted a Rule 10b5-1 plan covering 12,400 shares

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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