Revenue
Total Revenue
Waters Corporation Total Revenue increased by 35.9% to $1.27B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 91.4%, from $662.00M to $1.27B. Over 4 years (FY 2021 to FY 2025), Total Revenue shows an upward trend with a 3.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
An increase indicates growing market demand or successful price increases, while a decrease suggests market saturation or competitive pressure.
Detailed definition
The total amount of income generated by the sale of goods or services related to the company's primary operations. For a...
Peer comparison
Peer technology firms typically report this as Net Sales or Total Revenue, reflecting the scale of their market reach.
Metric ID:
total_revenueHistorical Data
20 periods
| 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 | $681.65M | $659.23M | $836.45M | $690.57M | $714.32M | $708.56M | $858.51M | $684.67M | $740.58M | $711.69M | $819.47M | $636.84M | $708.53M | $740.31M | $872.71M | $662.00M | $771.33M | $799.89M | $932.36M | $1.27B |
| QoQ Change | — | -3.3% | +26.9% | -17.4% | +3.4% | -0.8% | +21.2% | -20.2% | +8.2% | -3.9% | +15.1% | -22.3% | +11.3% | +4.5% | +17.9% | -24.1% | +16.5% | +3.7% | +16.6% | +35.9% |
| YoY Change | — | — | — | — | +4.8% | +7.5% | +2.6% | -0.9% | +3.7% | +0.4% | -4.5% | -7.0% | -4.3% | +4.0% | +6.5% | +4.0% | +8.9% | +8.0% | +6.8% | +91.4% |
Range$636.84M – $1.27B
CAGR+13.9%
Avg YoY Growth+8.2%
Median YoY Growth+4.0%
Current Streak4 quarters growth
Product Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Consumables | — | — | — | — | — | — | — | $543.00M |
| Instrument Systems | — | — | — | — | — | — | — | $376.00M |
| Service | $273.39M | $278.29M | $301.84M | $261.18M | $297.93M | $299.92M | $329.16M | $348.00M |
| Chemistry Consumables | $141.09M | $138.94M | $151.25M | $137.64M | $164.99M | $158.48M | $170.36M | — |
| Ta Instrument Systems | $58.83M | $57.80M | $78.88M | $50.50M | $55.62M | $59.58M | $78.12M | — |
| Ta Service | $27.14M | $26.85M | $29.52M | $23.91M | $26.88M | $26.94M | $30.30M | — |
| Waters Instrument Systems | $235.23M | $265.27M | $340.73M | $212.40M | $252.80M | $281.91M | $354.73M | — |
| Waters Service | $246.25M | $251.44M | $272.32M | $237.27M | $271.06M | $272.99M | $298.85M | — |
| Total | $708.53M | $740.31M | $872.71M | $662.00M | $771.33M | $799.89M | $932.36M | $1.27B |
Business Segments
| Segment | Q1 '25 |
|---|---|
| Waters Analytical And Materials Sciences | $609.00M |
| Waters Advanced Diagnostics | $53.00M |
| Waters Biosciences | $0.00 |
| Total | $662.00M |
Geographic Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Americas | $274.47M | $279.14M | $321.01M | $255.54M | $280.74M | $292.81M | $332.42M | $505.00M |
| European Union | — | — | — | — | — | — | — | $412.00M |
| Asia Pacific | $237.43M | $251.33M | $272.90M | $220.78M | $265.94M | $269.71M | $283.97M | $350.00M |
| Asia Other | $103.97M | $108.18M | $116.88M | $129.90M | $148.81M | $156.20M | $168.02M | $197.00M |
| Americas Other | $42.54M | $42.95M | $58.03M | $40.28M | $50.61M | $47.56M | $57.29M | $90.00M |
| Europe | $196.63M | $209.84M | $278.81M | $185.39M | $224.65M | $237.36M | $315.97M | — |
| Total | $708.53M | $740.31M | $872.71M | $662.00M | $771.33M | $799.89M | $932.36M | $1.27B |
Total Revenue at Other Companies
Frequently Asked Questions
- What is Waters Corporation's total revenue?
- Waters Corporation (WAT) reported total revenue of $1.27B in Q1 2026.
- How has Waters Corporation's total revenue changed year-over-year?
- Waters Corporation's total revenue increased by 91.4% year-over-year, from $662.00M to $1.27B.
- What is the long-term trend for Waters Corporation's total revenue?
- Over 4 years (2021 to 2025), Waters Corporation's total revenue has grown at a 3.2% compound annual growth rate (CAGR), from $2.79B to $3.17B.
- What does total revenue mean?
- The total amount of money a company brings in from selling its products and services.