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Waters Corporation WAT Waters Analytical And Materials Sciences — Operating Income Loss Margin

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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 wat:OperatingIncomeLossMargin.

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 waters analytical and materials sciences — operating income loss margin?
Waters Corporation (WAT) reported waters analytical and materials sciences — operating income loss margin of 34.4% in Q1 2026.
What does waters analytical and materials sciences — operating income loss margin mean?
This metric represents the operating profitability of the Waters Analytical and Materials Sciences segment, calculated as operating income divided by net sales for this specific business unit. It measures the efficiency with which the segment converts its revenue into profit after accounting for direct costs and allocated operating expenses. This segment is central to the company's core business of providing analytical instruments and software solutions to biopharmaceutical, industrial, and academic clients.