Thermo Fisher Earnings: -10% Stock Plunge After Outlook Hike
Can upbeat Thermo Fisher earnings and a higher 2026 outlook really justify a double-digit stock plunge on weak organic growth?
Thermo Fisher Scientific Inc. provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services in the North America, Europe, Asia-Pacific, and internationally. It operates through four segments: Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Biopharma Services. The Life Sciences Solutions segment includes reagents, instruments, and consumables for biological and medical research; discovery and production of drugs and vaccines; and diagnosis of infections and diseases. Its Analytical Instruments segment provides instruments, consumables, software, and services for pharmaceutical, biotechnology, academic, government, environmental, and other…
| Quarter | Revenue | YoY | Net Income | EPS (dil.) | YoY | Gross Margin | Op. Margin |
|---|---|---|---|---|---|---|---|
| Q1 2026 Mar 2026 | $11.01B | +6.2% | $1.65B | $4.43 | +11.3% | 40.3% | 17.4% |
| Q4 2025 Dec 2025 | $12.22B | +7.2% | $1.96B | $5.21 | — | 41.0% | 18.9% |
| Q3 2025 Sep 2025 | $11.12B | — | $1.62B | $4.27 | — | 41.2% | 18.7% |
| Q2 2025 Jun 2025 | $10.85B | — | $1.62B | $4.28 | — | 40.6% | 17.7% |
| Q1 2025 Mar 2025 | $10.36B | — | $1.51B | $3.98 | — | 40.9% | 17.5% |
Data from Yahoo Finance. YoY compares the same quarter of the prior fiscal year.
Can upbeat Thermo Fisher earnings and a higher 2026 outlook really justify a double-digit stock plunge on weak organic growth?