Watts Water Technologies Quarterly Income Statement
NYSE: WTSIndustrialsMetal FabricationsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Watts Water Technologies revenue and earnings
In the quarter ended Jun 28, 2026, Watts Water Technologies generated $763.2 million in revenue, up 18.6% from the same quarter a year earlier. Net income was $118.3 million (+17.2% year over year), for a net margin of 15.5% versus a median of 13.4% in the prior 5 quarters. Gross margin was 49.0% (down from 50.6%) and operating margin 20.2%.
Diluted earnings per share came in at $3.53, up from $3.01.
Summary generated from market data by MetaCap's automated system. Methodology
Watts Water Technologies income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-28 | Q1 20262026-03-29 | Q4 20252025-12-31 | Q3 20252025-09-28 | Q2 20252025-06-29 | Q1 20252025-03-30 | Q4 20242024-12-31 | Q3 20242024-09-29 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 763.20M | 677.30M | 625.10M | 611.70M | 643.70M | 558.00M | 540.40M | 543.60M | 597.30M | 570.90M | 547.50M | 504.30M |
| Revenue growth (YoY) | +18.56% | +21.38% | +15.67% | +12.53% | +7.77% | -2.26% | -1.30% | +7.79% | +12.11% | +21.03% | +9.09% | +3.38% |
| Cost of Revenue | 389.10M | 351.20M | 315.80M | 313.30M | 317.80M | 285.50M | 287.80M | 286.50M | 312.50M | 303.40M | 291.90M | 269.90M |
| Gross Profit | 374.10M | 326.10M | 309.30M | 298.40M | 325.90M | 272.50M | 252.60M | 257.10M | 284.80M | 267.50M | 255.60M | 234.40M |
| Operating Expenses | 220.10M | 193.10M | 195.60M | 187.00M | 190.60M | 184.80M | 163.60M | 163.90M | 173.30M | 170.80M | 176.90M | 147.30M |
| Research & Development | 20.90M | 19.20M | 20.60M | 18.80M | 17.40M | 16.80M | 16.40M | 17.60M | 17.90M | 18.50M | 19.80M | 15.20M |
| Selling, General & Admin | 214.50M | 192.90M | 194.50M | 185.10M | 187.20M | 167.50M | 162.80M | 159.00M | 173.10M | 169.60M | 173.10M | 146.90M |
| Operating Income | 154.00M | 133.00M | 113.70M | 111.40M | 135.30M | 87.70M | 89.00M | 93.20M | 111.50M | 96.70M | 78.70M | 87.10M |
| Interest Expense | 2.20M | 2.60M | 2.70M | 2.70M | 2.70M | 2.70M | 2.80M | 3.60M | 4.10M | 4.20M | 3.80M | 1.20M |
| Other Income (Expense) | -300.00K | -1.60M | -500.00K | -400.00K | -600.00K | -800.00K | 0 | -900.00K | -2.00M | -1.50M | -1.40M | 1.00M |
| Pretax Income | 153.70M | 131.40M | 113.20M | 111.00M | 134.70M | 86.90M | 89.00M | 92.30M | 109.50M | 95.20M | 77.30M | 88.10M |
| Income Tax | 35.40M | 31.80M | 29.50M | 28.80M | 33.80M | 12.90M | 21.40M | 23.20M | 27.50M | 22.60M | 21.60M | 22.30M |
| Net Income | 118.30M | 99.60M | 83.70M | 82.20M | 100.90M | 74.00M | 67.60M | 69.10M | 82.00M | 72.60M | 55.70M | 65.80M |
| Net Income growth (YoY) | +17.24% | +34.59% | +23.82% | +18.96% | +23.05% | +1.93% | +21.36% | +5.02% | +8.04% | +12.21% | -18.80% | +12.10% |
| EPS (Basic) | 3.53 | 2.97 | 2.50 | 2.45 | 3.01 | 2.21 | 2.02 | 2.07 | 2.44 | 2.17 | 1.67 | 1.97 |
| EPS (Diluted) | 3.53 | 2.97 | 2.50 | 2.45 | 3.01 | 2.21 | 2.02 | 2.06 | 2.44 | 2.17 | 1.67 | 1.96 |
| Shares Outstanding (Basic) | 33.50M | 33.50M | — | 33.50M | 33.50M | 33.50M | — | 33.50M | 33.50M | 33.40M | — | 33.40M |
| Shares Outstanding (Diluted) | 33.50M | 33.50M | — | 33.50M | 33.50M | 33.50M | — | 33.50M | 33.50M | 33.50M | — | 33.50M |
| EBITDA | 169.80M | 148.40M | 128.50M | 125.60M | 149.80M | 101.40M | 102.60M | 107.20M | 125.00M | 110.00M | 91.20M | 97.60M |
| Gross Margin | 49.02% | 48.15% | 49.48% | 48.78% | 50.63% | 48.84% | 46.74% | 47.30% | 47.68% | 46.86% | 46.68% | 46.48% |
| Operating Margin | 20.18% | 19.64% | 18.19% | 18.21% | 21.02% | 15.72% | 16.47% | 17.14% | 18.67% | 16.94% | 14.37% | 17.27% |
| Net Margin | 15.50% | 14.71% | 13.39% | 13.44% | 15.68% | 13.26% | 12.51% | 12.71% | 13.73% | 12.72% | 10.17% | 13.05% |
This table shows 12 quarterly periods of Watts Water Technologies's income statement, from Q2 2026 back to Q3 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow WTS's reporting calendar. What is a income statement?