Waters Quarterly Income Statement
NYSE: WATIndustrialsBiotechnology: Laboratory Analytical InstrumentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Waters revenue and earnings
In the quarter ended Jul 4, 2026, Waters generated $1.65 billion in revenue, up 105.7% from the same quarter a year earlier. Waters reported a net loss of $136.0 million, compared with net income of $148.9 million a year earlier. Operating margin was -5.2%.
Diluted earnings per share came in at -$1.39, down from $2.50.
Summary generated from market data by MetaCap's automated system. Methodology
Waters income 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.65B | 1.27B | 932.36M | 799.89M | 799.89M | 771.33M | 771.00M | 661.71M | 662.00M | 872.71M | 740.30M | 740.30M |
| Revenue growth (YoY) | +105.65% | +64.26% | +20.93% | +20.88% | +20.83% | -11.62% | +4.15% | -10.62% | -6.57% | +23.17% | +16.25% | +16.25% |
| Cost of Revenue | — | — | 362.86M | 327.81M | — | 321.41M | — | 276.75M | — | 348.52M | 301.65M | — |
| Gross Profit | — | — | 569.50M | 472.08M | — | 449.93M | — | 384.96M | — | 524.20M | 438.65M | — |
| Operating Expenses | — | — | 298.98M | 279.97M | — | 261.71M | — | 233.22M | — | 231.94M | 227.52M | — |
| Research & Development | 122.00M | 96.00M | 46.90M | 53.64M | 53.64M | 48.55M | 49.00M | 46.62M | 47.00M | 46.91M | 45.34M | 45.34M |
| Selling, General & Admin | 405.00M | 387.00M | 240.01M | 214.23M | 214.23M | 201.26M | 198.00M | 174.88M | 174.00M | 173.27M | 169.10M | 169.10M |
| Operating Income | -86.00M | -47.00M | 270.52M | 192.11M | 192.11M | 188.21M | 188.00M | 151.75M | 152.00M | 292.26M | 211.13M | 211.13M |
| Interest Expense | 60.00M | 48.00M | 14.29M | 26.64M | 26.64M | 14.35M | 15.00M | 14.27M | 14.00M | 19.00M | 21.43M | 21.43M |
| Other Income (Expense) | 0 | 1.00M | 2.28M | -70.00K | -70.00K | -676.00K | -1.00M | 1.52M | 1.00M | -843.00K | -338.00K | -338.00K |
| Pretax Income | -141.00M | -88.00M | 264.18M | 170.12M | 170.12M | 177.69M | 178.00M | 142.89M | 143.00M | 276.98M | 193.62M | 193.62M |
| Income Tax | -5.00M | -16.00M | 38.97M | 21.20M | 21.20M | 30.58M | 31.00M | 21.51M | 22.00M | 45.59M | 32.11M | 32.11M |
| Net Income | -136.00M | -72.00M | 225.21M | 148.92M | 148.92M | 147.11M | 147.00M | 121.38M | 121.00M | 231.40M | 161.50M | 161.50M |
| Net Income growth (YoY) | -191.32% | -148.94% | +53.21% | +22.69% | +23.08% | -36.43% | -8.98% | -24.84% | -15.23% | +62.11% | +58.03% | +58.03% |
| EPS (Basic) | -1.39 | -0.87 | 3.78 | 2.50 | 2.50 | 2.47 | 2.47 | 2.04 | 2.04 | 3.90 | 2.72 | 2.72 |
| EPS (Diluted) | -1.39 | -0.87 | 3.77 | 2.50 | 2.50 | 2.47 | 2.47 | 2.03 | 2.03 | 3.88 | 2.71 | 2.71 |
| Shares Outstanding (Basic) | 98.20B | 82.14B | 59.55M | 59.53M | 59.53M | 59.52M | 59.52B | 59.44M | 59.44B | 59.39M | 59.37M | 59.37M |
| Shares Outstanding (Diluted) | 98.20B | 82.14B | 59.76M | 59.62M | 59.62M | 59.66M | 59.66B | 59.71M | 59.71B | 59.65M | 59.50M | 59.50M |
| EBITDA | -51.00M | -11.00M | 292.45M | — | 214.32M | — | 210.00M | — | 174.00M | 314.60M | — | 231.44M |
| Gross Margin | — | — | 61.08% | 59.02% | — | 58.33% | — | 58.18% | — | 60.07% | 59.25% | — |
| Operating Margin | -5.23% | -3.71% | 29.01% | 24.02% | 24.02% | 24.40% | 24.38% | 22.93% | 22.96% | 33.49% | 28.52% | 28.52% |
| Net Margin | -8.27% | -5.68% | 24.16% | 18.62% | 18.62% | 19.07% | 19.07% | 18.34% | 18.28% | 26.51% | 21.82% | 21.82% |
This table shows 12 quarterly periods of Waters's income statement, from Q2 2026 back to Q3 2024, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow WAT's reporting calendar. What is a income statement?