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Thermo Fisher posts strong Q2 2026 with 10% revenue growth and raises full-year outlook

Company Fundamentals
24 Jul 2026
Tony Dante
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Bullish
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Thermo Fisher Scientific reported a 10% increase in Q2 2026 revenue to $11.99 billion and a 13% rise in adjusted EPS to $6.03, surpassing analyst expectations. The company's adjusted operating margin improved to 22.8%, driven by strong growth in its Life Sciences Solutions segment, which grew revenue by 12.6% to $2.82 billion. Following these results, Thermo Fisher raised its full-year financial outlook, citing better customer activity and benefits from recent acquisitions. This strong performance also led RBC Capital to raise its price target for the stock to $580 from $490.

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