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Waters Corporation WAT Business Segments

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Revenue by Business
Waters Advanced Diagnostics$521M+740%$349M+558%$62M
Waters Analytical And Materials Sciences$756M+6.6%$686M+12.6%$709M
Waters Biosciences$368M$232M$0
Revenue by Product
Consumables$765M+364%$543M+293%$165M
Instrument Systems$455M+47.7%$376M+43.0%$432.85M+3.2%$341.48M+5.7%$308M+4.7%
Service$425M+42.6%$348M+33.3%$329.16M+9.0%$299.92M+7.8%$298M+9.0%
Revenue by Geography
Americas Other$120M+135%$90M+125%$57.29M-1.3%$47.56M+10.7%$51M+19.9%
Americas$690M+146%$505M+97.3%$332.42M+3.6%$292.81M+4.9%$280M+2.0%
Asia Other$244M+63.8%$197M+51.5%$168.02M+3.6%$156.2M+3.3%$149M+8.5%
Asia Pacific$450M+69.2%$350M+58.4%$283.97M+4.1%$269.71M+7.3%$266M+12.0%
European Union$505M+124%$412M+123%$225M

FAQ

How does Waters Corporation break its business down?
Waters Corporation (WAT) reports revenue by business across 3 parts — Waters Advanced Diagnostics, Waters Analytical And Materials Sciences and Waters Biosciences. Each is extracted from the segment footnotes and tracked over time.
Where does Waters Corporation's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Waters Corporation's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.