Service — Cost of Goods Sold
Waters Corporation Service — Cost of Goods Sold increased by 26.8% to $155.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 43.3%, from $108.19M to $155.00M. Over 4 years (FY 2021 to FY 2025), Service — Cost of Goods Sold shows an upward trend with a 3.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to service revenue suggests declining service margins or rising labor and parts costs, while a decrease relative to revenue indicates improved operational efficiency in service delivery.
Detailed definition
This metric captures the direct costs associated with delivering service and support activities, including labor costs f...
Peer comparison
Comparable to 'Cost of Services' or 'Service COGS' reported by other capital equipment manufacturers, reflecting the direct cost of maintaining the installed base.
wat_segment_service_cost_of_goods_and_services_soldHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $103.51M | $99.76M | $105.48M | $94.08M | $104.85M | $107.18M | $105.87M | $104.03M | $106.72M | $107.08M | $111.03M | $108.60M | $112.41M | $108.28M | $122.99M | $108.19M | $120.91M | $117.17M | $122.28M | $155.00M |
| QoQ Change | — | -3.6% | +5.7% | -10.8% | +11.5% | +2.2% | -1.2% | -1.7% | +2.6% | +0.3% | +3.7% | -2.2% | +3.5% | -3.7% | +13.6% | -12.0% | +11.8% | -3.1% | +4.4% | +26.8% |
| YoY Change | — | — | — | — | +1.3% | +7.4% | +0.4% | +10.6% | +1.8% | -0.1% | +4.9% | +4.4% | +5.3% | +1.1% | +10.8% | -0.4% | +7.6% | +8.2% | -0.6% | +43.3% |
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Frequently Asked Questions
- What is Waters Corporation's service — cost of goods sold?
- Waters Corporation (WAT) reported service — cost of goods sold of $155.00M in Q1 2026.
- How has Waters Corporation's service — cost of goods sold changed year-over-year?
- Waters Corporation's service — cost of goods sold increased by 43.3% year-over-year, from $108.19M to $155.00M.
- What is the long-term trend for Waters Corporation's service — cost of goods sold?
- Over 4 years (2021 to 2025), Waters Corporation's service — cost of goods sold has grown at a 3.8% compound annual growth rate (CAGR), from $404.02M to $468.56M.
- What does service — cost of goods sold mean?
- The direct expenses incurred to provide maintenance and technical support services to customers.