Thiourea S‐oxides can be viewed as formal analogs of the currently unknown diamino‐substituted Criegee intermediates (urea O‐oxides). However, the preparation of such S‐oxides is rather challenging, and the direct oxidation of thioureas typically only leads to formation of desulfurized products. Employing the accurate revDSD‐PBEP86‐D4 double hybrid density functional, it was found that the peracid mediated oxidation of thiourea S‐oxides exhibits a lower reaction barrier than the oxidation of the corresponding thiourea itself in contrast to most other ordinary thioketones. The undesired overoxidation reactivity, which is associated with strong π‐donation from the thiourea's nitrogen atoms, can be partially suppressed by introduction of bulky substituents and the utilization of protic solvents. In this regard, we managed to prepare two sterically encumbered thiourea S‐oxides in isolated yields of 35–40 %. The S‐oxides are stable in the solid state and in alcoholic solutions at room temperature for extended periods of time, but swiftly decompose in aprotic solvents by disproportionation. A dimesityl‐substituted thiourea S‐oxide complexed with residual mCBA could be characterized by means of X‐ray crystallography, confirming the importance of hydrogen bonding in the stabilization of the amino‐substituted C=S+−O− moiety.