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Waters Corporation WAT Biosciences — Goodwill

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Other financials

Income statement

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Revenue$1.3B+91.4%
Gross profit$569.5M+8.6%
Operating income-$47.0M-131%
Net income-$72.0M-160%
EPS (diluted)-$0.87-143%

Balance sheet

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Cash & equivalents$462.0M+20.7%
Total debt$5.2B+263%
Total equity$15.3B+679%
Total assets$24.5B+434%

Cash flow

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Operating cash flow-$3.0M-101%
CapEx$39.0M+50.0%
Free cash flow-$42.0M-118%

Valuation

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Market cap$36.76B+78.1%
Enterprise value$41.51B+92.6%
P/E81.8×+50.6×
P/S9.8×+3.0×

Profitability

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Gross margin59.3%-0.1pp
Operating margin16%-12.3pp
Net margin11.9%-10.1pp
FCF margin7%-13.8pp

Returns & leverage

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Return on equity5.2%-35.6pp
Debt / equity0.3×-0.4×
Current ratio1.8×0.0×

Where this comes from

Reported directly by Waters Corporation in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Waters Corporation’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Waters Corporation's biosciences — goodwill?
Waters Corporation (WAT) reported biosciences — goodwill of $3.8B in Q1 2026.
What does biosciences — goodwill mean?
This represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations specifically attributed to the Biosciences reporting segment. It reflects the premium paid for intangible assets such as brand reputation, customer relationships, and proprietary technology within the life sciences and biopharmaceutical market. Monitoring this balance is critical for assessing the long-term value of past acquisitions and potential impairment risks related to the segment's growth prospects.