Summary of ICHEP 2004

Aspects of ICHEP 2004 are summarized from a theoretical point of view. QCD works, new NNLO calculations are becoming available and new string calculational tools are emerging, but no conclusions can yet be drawn about the discovery of the quark-gluon plasma or pentaquarks. The small upward shift in the experimental value of m_t raises somewhat the central value of the Higgs mass extracted from a global electroweak fit, and the CKM model describes well the data from the B factories. The Super-Kamiokande, KamLAND and K2K experiments have evidence for oscillation dips in their neutrino data. Little Higgs models are interesting alternatives to low-energy supersymmetry for stabilizing the electroweak scale. Convincing experimental evidence for dark matter particles is still lacking. The LHC is on its way, the technology choice clarifies the roadmap for the ILC, and a multi-TeV CLIC would also have rich physics agenda.