Earnings Brief

Thermo Fisher Beats Estimates With $12B Q2 Revenue, $6.03 Adjusted EPS — Stock Jumps 10%

Thermo Fisher posted Q2 2026 revenue of $11.99 billion and adjusted EPS of $6.03, both topping market expectations. Revenue grew 10% year-over-year while adjusted EPS rose 13%.

Justin Jeon·July 24, 2026 at 01:06·3 min

thermo-fisher-q2-2026-earnings-beat-stock-jumps-10

AIKey Summary

Thermo Fisher posted Q2 2026 revenue of $11.99B, up 10% year-over-year
Adjusted EPS beat estimates at $6.03, and shares jumped nearly 10% post-earnings

Thermo Fisher said in a SEC 8-K filing on July 23 (local time) that its Q2 2026 revenue reached $11.99 billion, beating market expectations.

📊 Quote at Time of Writing (Jul 24, 2026, 01:04 KST)
$578.06 ▲ +9.80%

Quarter at a Glance

Thermo Fisher's Q2 revenue rose 10% year-over-year, from $10.85 billion to $11.99 billion. Organic revenue growth — stripping out the effects of new acquisitions and currency — came in at 5%. Adjusted operating margin (adjusted operating income excluding interest, taxes, depreciation and amortization, divided by revenue) improved from 21.9% to 22.8%, showing profitability gains alongside the top-line growth.

Revenue: $11.99 billion, up 10% year-over-year
GAAP EPS: $4.68, up 9% year-over-year
Adjusted EPS: $6.03, up 13% year-over-year
GAAP operating income: $2.09 billion, up 14% year-over-year
Adjusted operating income (excluding interest, taxes, depreciation and amortization): $2.73 billion, up 15% year-over-year

Market Reaction

Thermo Fisher shares traded at $578.06 as of early morning July 24, 2026 (Korea time), up 9.80% from the previous close. Foreign media outlets described the results as a strong beat. Investor's Business Daily read the report as a positive signal for the broader medtech sector. Investing.com noted the company raised its full-year outlook alongside the earnings release. During the quarter, the company also repurchased $1.0 billion worth of its own shares.

This article was automatically generated based on the original SEC 8-K filing and international media reports, with the goal of delivering key data quickly after the announcement. Investors are advised to review the company's official filing before making trading decisions. Quotes reflect the time this article was written and may differ from current prices.

Related Assets

Gurus Holding This Stock

Jeremy GranthamTMO 3.6%

Andreas HalvorsenTMO 1.2%

Ken FisherTMO 0.6%

T. Rowe PriceTMO 0.5%

Daniel LoebTMO 0.4%

Dmitry BalyasnyTMO 0.4%

National Pension ServiceTMO 0.3%

Norges BankTMO 0.3%

State StreetTMO 0.3%

BlackRockTMO 0.3%

MORE — EARNINGS BRIEF

RTX Q2 Revenue Hits $24.7B, Up 14% Year-Over-Year — Raises Full-Year Guidance

RTX reported second-quarter 2026 revenue of $24.7 billion and adjusted EPS of $1.89. Revenue rose 14% and adjusted net income climbed 22% year-over-year, and the company also raised its full-year guidance.

RTX

Jul 23, 23:16

Lockheed Martin Q2 Revenue Hits $20.1B, Up 11% YoY; Net Income Jumps 5x to $1.8B

Lockheed Martin posted Q2 revenue of $20.1 billion, up 11% year-over-year. Net income more than quintupled to $1.8 billion, and the company raised its full-year guidance.

LMT

Jul 23, 23:12

Blackstone Q2 Net Income Hits $1.229B, EPS Jumps 57% to $1.54

Blackstone reported Q2 2026 revenue of $5.044 billion and net income of $1.229 billion. EPS came in at $1.54, up 57% year-over-year, alongside a per-share dividend of $1.29.

Jul 23, 23:07

Union Pacific Q2 Net Income $2.0B, Up 6% YoY — EPS $3.36

Union Pacific reported Q2 2026 net income of $2.0 billion, up 6% year-over-year. Revenue rose 12% to $6.9 billion, with diluted EPS of $3.36 beating market expectations.

UNP

Jul 23, 21:15

Nvidia's 85% Revenue Surge Still Couldn't Lift the Stock — A Textbook 'Sell the News' Event

Nvidia posted $81.6B in Q1 revenue (+85% YoY) and guided Q2 to $91B — demolishing every estimate. Yet the stock fell. A textbook buy-the-rumor, sell-the-news moment driven by 30x forward earnings valuation.

Nokia Surges 140% YTD — Nvidia's $1B Bet Rebrands It as an AI Infrastructure Play

Nokia started as a paper mill in 1865. In 2026, it's one of the market's hottest AI infrastructure stocks — up 140% YTD after Nvidia's $1B strategic investment and a surge in AI data center optical network orders.

eBay's 176% Three-Year Rally Decoded — Is the Buyback Engine Built to Last?

eBay stock surged 176% over three years on a dual engine of earnings growth and buybacks. But with 40% of shareholder returns funded by debt and TikTok Shop looming, the machine faces real stress tests.