Waters Quarterly Cash Flow Statement
NYSE: WATIndustrialsBiotechnology: Laboratory Analytical InstrumentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Waters free cash flow
In the quarter ended Jul 4, 2026, Waters generated $201.0 million of operating cash flow and spent $48.0 million on capital expenditures. That left free cash flow of $153.0 million, a free-cash-flow margin of 9.3% of revenue. Free cash flow was down 18.2% from the prior year's $187.0 million.
Waters returned $2.0 million to shareholders through share repurchases, equal to 1% of free cash flow.
Summary generated from market data by MetaCap's automated system. Methodology
Waters cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-07-04 | Q1 20262026-04-04 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q3 20252025-09-27 | Q2 20252025-06-30 | Q2 20252025-06-28 | Q1 20252025-03-31 | Q1 20252025-03-29 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q3 20242024-09-28 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | -136.00M | -72.00M | 225.21M | 148.92M | 149.41M | 147.11M | 147.00M | 121.38M | 121.00M | 231.40M | 161.50M | 161.50M |
| Net Income growth (YoY) | -191.02% | -148.94% | +53.21% | +22.69% | +23.48% | -36.43% | -8.98% | -24.84% | -15.23% | +62.11% | +58.03% | +58.03% |
| Depreciation & Amortization | 35.00M | 36.00M | 21.93M | — | 22.21M | — | 22.00M | — | 22.00M | 22.34M | — | 20.30M |
| Stock-Based Compensation | 25.00M | 20.00M | 14.50M | — | 13.63M | — | 13.00M | — | 13.00M | 11.72M | — | 10.65M |
| Change in Working Capital | 20.00M | -296.00M | -71.28M | — | 18.22M | — | -139.00M | — | -9.00M | -10.02M | — | 8.40M |
| Operating Cash Flow | 201.00M | -3.00M | 164.55M | — | 187.00M | — | 41.00M | — | 260.00M | 240.14M | — | 204.58M |
| Capital Expenditures | -48.00M | -39.00M | — | — | — | — | -23.00M | — | -26.00M | — | — | — |
| Investing Cash Flow | 2.00M | 95.00M | -42.13M | — | -25.12M | — | -59.00M | — | -26.00M | -51.18M | — | -26.05M |
| Share Repurchases | -2.00M | -12.00M | -144.00K | — | -523.00K | — | 0 | — | -14.00M | -66.00K | — | -141.00K |
| Debt Issued | 212.00M | 3.53B | 0 | — | 0 | — | 70.00M | — | 0 | 0 | — | 0 |
| Debt Repaid | -340.00M | -3.70B | 0 | — | -50.00M | — | -70.00M | — | -170.00M | -200.00M | — | -180.00M |
| Financing Cash Flow | -124.00M | -213.00M | 3.34M | — | -66.54M | — | -1.00M | — | -173.00M | -193.58M | — | -176.88M |
| Net Change in Cash | 77.00M | -126.00M | 128.71M | — | 91.76M | — | -16.00M | — | 58.00M | -5.16M | — | 4.09M |
| Free Cash Flow | 153.00M | -42.00M | 164.55M | — | 187.00M | — | 18.00M | — | 234.00M | 240.14M | — | 204.58M |
This table shows 12 quarterly periods of Waters's cash flow statement, from Q2 2026 back to Q3 2024, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow WAT's reporting calendar. What is a cash flow statement?