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Other financials

Income statement

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Revenue$1.6B+113%
Gross profit$569.5M+8.6%
Operating income-$86.0M-146%
EPS (diluted)-$1.39-156%

Balance sheet

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Cash & equivalents$539.0M+46.8%
Total debt$5.3B+311%
Total equity$15.2B+603%
Total assets$24.8B+425%

Cash flow

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Operating cash flow$201.0M+390%
CapEx$48.0M+109%
Free cash flow$153.0M+750%

Valuation

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Market cap$40.69B+132%
Enterprise value$45.41B+146%
P/E244.9×+218×
P/S8.8×+3.0×

Profitability

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Gross margin59.3%-0.1pp
Operating margin7.1%-20.6pp
Net margin3.6%-18.1pp
FCF margin8.6%-11.7pp

Returns & leverage

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Return on equity1.9%-35.1pp
Debt / equity0.3×-0.2×
Current ratio1.9×+0.1×

Where this comes from

Reported directly by Waters Corporation in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Waters Corporation’s 10-Q, filed August 11, 2026. Open the filing →

Filed
Aug 11, 2026, 4:16 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-344691

FAQ

What is Waters Corporation's net income?
Waters Corporation (WAT) reported net income of -$136M in Q2 2026.
How has Waters Corporation's net income changed year-over-year?
Waters Corporation's net income decreased by 192.5% year-over-year, from $147M to -$136M.
What is the long-term trend for Waters Corporation's net income?
Over 4 years (2021 to 2025), Waters Corporation's net income has grown at a -1.9% compound annual growth rate (CAGR), from $692.84M to $642.14M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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