Waters (WAT)
Supplies analytical instruments, diagnostics, consumables, and service for regulated laboratory workflows.
$426.09
vs last close+0.35 (+0.08%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Apr 2026 | Q2 FY26Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 712 | 819 | 637 | 709 | 740 | 873 | 662 | 771 | 800 | 932 | 1,267 | 1,645 |
| Cost of revenue | 291 | 318 | 262 | 288 | 302 | 349 | 277 | 321 | 328 | 375 | 672 | 911 |
| Gross profit | 420 | 501 | 375 | 420 | 439 | 524 | 385 | 450 | 472 | 557 | 595 | 734 |
| 241 | 237 | 241 | 231 | 228 | 232 | 233 | 262 | 280 | 247 | 642 | 820 | |
| Research & development | 42 | 44 | 45 | 46 | 45 | 47 | 47 | 49 | 54 | 50 | 96 | 122 |
| 187 | 180 | 175 | 173 | 169 | 173 | 175 | 201 | 214 | 197 | 394 | 405 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 214 | 0 | 0 | 0 |
| Other expenses | 12 | 12 | 22 | 12 | 13 | 12 | 12 | 12 | 12 | 0 | 152 | 293 |
| Operating income | 179 | 264 | 134 | 189 | 211 | 292 | 152 | 188 | 192 | 311 | −47 | −86 |
| −26 | −27 | −19 | −20 | −18 | −15 | −9 | −11 | −22 | −46 | −41 | −55 | |
| Interest income | 4 | 5 | 4 | 4 | 4 | 5 | 4 | 5 | 5 | 0 | 6 | 0 |
| Interest expense | 30 | 31 | 26 | 24 | 21 | 19 | 14 | 14 | 27 | 9 | 48 | 55 |
| Other non-operating income | −4 | −4 | −7 | −4 | −4 | −4 | −5 | −4 | −5 | 38 | −1 | 0 |
| Income before tax | 153 | 238 | 115 | 169 | 194 | 277 | 143 | 178 | 170 | 264 | −88 | −141 |
| Income tax expense | 19 | 21 | 13 | 27 | 32 | 46 | 22 | 31 | 21 | 39 | −16 | −5 |
| Net income from continuing operations | 135 | 216 | 102 | 143 | 162 | 231 | 121 | 147 | 149 | 225 | −72 | −136 |
| Net income | 135 | 216 | 102 | 143 | 162 | 231 | 121 | 147 | 149 | 225 | −72 | −136 |
| EPS, basic | $2.28 | $3.66 | $1.73 | $2.41 | $2.72 | $3.90 | $2.04 | $2.47 | $2.50 | $3.78 | −$0.87 | −$1.39 |
| EPS, diluted | $2.27 | $3.65 | $1.72 | $2.40 | $2.71 | $3.88 | $2.03 | $2.47 | $2.50 | $3.77 | −$0.87 | −$1.39 |
| Weighted average shares, basic | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 60 | 60 | 60 | 82 | 98 |
| Weighted average shares, diluted | 59 | 59 | 59 | 59 | 60 | 60 | 60 | 60 | 60 | 60 | 82 | 98 |
| EBITDA | 231 | 316 | 189 | 240 | 263 | 345 | 207 | 244 | 249 | 325 | 106 | 215 |
| Depreciation & amortization | 48 | 48 | 49 | 47 | 48 | 49 | 49 | 52 | 53 | 53 | 152 | 301 |
| EBIT | 184 | 268 | 140 | 193 | 215 | 296 | 157 | 192 | 197 | 273 | −46 | −86 |
