What is Waters Corporation's revenue?

Waters Corporation (WAT) generated $3.8B in revenue over the trailing twelve months, up 26.4% year over year.

Is Waters Corporation profitable?

Waters Corporation reported $449.2M in net income over the trailing twelve months, a 11.9% net margin.

What are Waters Corporation's profit margins?

Gross margin is 59.3% and operating margin is 16.0%, with a 11.9% net margin.

What is Waters Corporation's earnings per share?

Waters Corporation's diluted EPS over the trailing twelve months is $7.87.

Where does Waters Corporation's income statement data come from?

Every line is extracted from Waters Corporation's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Waters Corporation WAT Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$3.77B+19.1%	$3.17B+1.9%	$3.11B+2.0%	$3.05B+2.1%	$2.98B+0.9%
Total cost of revenue	——	$1.29B+1.1%	$1.27B+2.1%	$1.25B+2.7%	$1.22B+1.2%
Research and development	$245.09M+25.0%	$196.09M0.0%	$196.11M+4.4%	$187.8M+1.3%	$185.43M+1.3%
Selling, general and administrative	$1.04B+25.7%	$829.49M+8.7%	$762.75M+6.3%	$717.62M+4.1%	$689.61M-0.1%
Amortization of acquired intangible assets	$188.08M+291%	$48.08M+0.7%	$47.76M+0.7%	$47.42M+0.3%	$47.26M+0.4%
Total costs & expenses	$3.17B+34.0%	$2.36B+3.6%	$2.28B+3.6%	$2.2B+3.0%	$2.14B+0.3%
Operating income	$603.84M-24.8%	$802.84M-2.6%	$824.59M-2.3%	$843.61M-0.1%	$844.51M+2.2%
Operating margin	16%-9.3pp	25.4%-1.2pp	26.5%-1.1pp	27.7%-0.6pp	28.3%+0.4pp
Interest expense	$103.28M+49.1%	$69.28M-6.4%	$73.99M+7.6%	$68.79M-12.0%	$78.16M-12.8%
Interest income	$20.89M+10.6%	$18.89M+6.2%	$17.78M+2.6%	$17.32M+1.0%	$17.15M-1.6%
Other income (expense), net	$2.54M0.0%	$2.54M—	——	——	——
Income before income taxes	$523.99M-30.6%	$754.99M-1.7%	$767.79M-3.0%	$791.29M+1.1%	$783.01M+3.7%
Income tax expense	$74.74M-33.7%	$112.74M-5.5%	$119.36M-8.4%	$130.28M+3.1%	$126.37M+8.0%
Net income	$449.25M-30.1%	$642.25M-1.0%	$648.43M-1.9%	$661.01M+0.7%	$656.64M+2.9%
Net margin	11.9%-8.4pp	20.3%-0.6pp	20.9%-0.8pp	21.7%-0.3pp	22%+0.4pp
Diluted earnings per share	$7.87-26.9%	$10.77-1.0%	$10.88-1.9%	$11.09+0.6%	$11.02+2.9%
Basic earnings per share	$7.88-27.0%	$10.79-1.1%	$10.91-2.0%	$11.13+0.5%	$11.07+2.9%
Weighted-average shares, diluted	261.2M+9.4%	238.8M0.0%	238.6M0.0%	238.5M+0.1%	238.3M+0.1%
Weighted-average shares, basic	260.7M+9.5%	238M+0.1%	237.9M+0.1%	237.7M+0.1%	237.5M+0.1%
Other income, net (Note 6)	$2.54M0.0%	$2.54M—	——	——	——
Revenue From Contract With Customer Excluding Assessed Tax	$3.77B+19.1%	$3.17B+1.9%	$3.11B+2.0%	$3.05B+2.1%	$2.98B+0.9%
EBITDA	$705.99M-20.8%	$890.99M-2.4%	$913.14M-1.8%	$930.18M-0.1%	$931.4M+2.0%
EBITDA margin	18.7%-9.4pp	28.1%-1.3pp	29.4%-1.1pp	30.5%-0.7pp	31.2%+0.3pp
EBIT	$603.84M-24.8%	$802.84M-2.6%	$824.59M-2.3%	$843.61M-0.1%	$844.51M+2.2%

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Waters Corporation.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Waters Corporation's revenue?: Waters Corporation (WAT) generated $3.8B in revenue over the trailing twelve months, up 26.4% year over year.
Is Waters Corporation profitable?: Waters Corporation reported $449.2M in net income over the trailing twelve months, a 11.9% net margin.
What are Waters Corporation's profit margins?: Gross margin is 59.3% and operating margin is 16.0%, with a 11.9% net margin.
What is Waters Corporation's earnings per share?: Waters Corporation's diluted EPS over the trailing twelve months is $7.87.
Where does Waters Corporation's income statement data come from?: Every line is extracted from Waters Corporation's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.