TMO Q3 FY2026 earnings: EPS beat by 4.4%, revenue beat by 1.5%
THERMO FISHER SCIENTIFIC INC. reported Q3 FY2026. EPS came in at $6.68 against a $6.40 consensus, beat by 4.4%. Revenue was $12.1B versus $12.0B expected, beat by 1.5%. Gross margin was 42.8%, up 160 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $6.68 | $6.40 | beat by 4.4% |
| Revenue | $12.1B | $12.0B | beat by 1.5% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $12.1B | +1.2% | +9.1% |
| Gross profit | $5.2B | +5.0% | +13.3% |
| Operating income | $2.3B | +8.4% | +9.1% |
| Net income | $1.7B | -0.9% | +6.5% |
| Diluted EPS | $4.64 | -0.9% | +8.7% |
| Gross margin: 42.8%. |
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The trend
Revenue is up 9.1% from the same quarter last year. Gross margin sits at 42.8%, a new high for the period charted.
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How it stacks up
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