Financial Statements · From SEC 10-K & 10-Q XBRL Filings
Waters Corporation Revenue & Financial Statements
Waters Corporation reported revenue of $(47.7M) for the fiscal year ended December 31, 2025, down 33.3% year over year, with net income of $642.6M and diluted EPS of $10.76.
- Company
- Waters Corporation WAT · NYSE
- Latest fiscal year
- FY ended Dec 31, 2025
- Statements
- Income · Balance Sheet · Cash Flow — 5 fiscal years, 8 quarters
Income Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | 2.8B | 3.0B | 3.0B | (71.5M) | (47.7M) |
| Cost of revenue | 1.2B | 1.2B | 1.2B | 1.2B | 1.3B |
| Gross profit | 1.6B | 1.7B | 1.8B | (1.3B) | (1.3B) |
| Operating income | 821.7M | 873.4M | 817.7M | 826.4M | 802.6M |
| Pretax income | 144.4M | 133.8M | 74.1M | 121.6M | 697.6M |
| Net income | 692.8M | 707.8M | 642.2M | 637.8M | 642.6M |
| Diluted EPS | 11.17 | 11.73 | 10.84 | 10.71 | 10.76 |
| EBITDA | 893.3M | 945.4M | 902.3M | 913.4M | 890.7M |
Quarterly
| USD | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 636.8M | 708.5M | 740.3M | 872.7M | (8.9M) | (10.5M) | (22.0M) | (6.3M) |
| Cost of revenue | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | 133.8M | 189.1M | 211.1M | 292.3M | 151.7M | 188.2M | 192.1M | 270.5M |
| Pretax income | 114.9M | 169.4M | 193.6M | 277.0M | 142.9M | 177.7M | 170.1M | 264.2M |
| Net income | 102.2M | 142.7M | 161.5M | 231.4M | 121.4M | 147.1M | 148.9M | 225.2M |
| Diluted EPS | 1.72 | 2.40 | 2.71 | 3.88 | 2.03 | 2.47 | 2.50 | 3.76 |
| EBITDA | 156.0M | — | 231.4M | 314.6M | 173.5M | — | 214.4M | 292.4M |
Balance Sheet
Fiscal year-end snapshots. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Total assets | 3.1B | 3.3B | 4.6B | 4.6B | 5.1B |
| Current assets | 1.6B | 1.8B | 1.8B | 1.7B | 2.1B |
| Cash & equivalents | 501.2M | 480.5M | 395.1M | 324.4M | 587.8M |
| Total liabilities | 2.7B | 2.8B | 3.5B | 2.7B | 2.5B |
| Current liabilities | 680.5M | 785.7M | 789.6M | 789.8M | 1.2B |
| Long-term debt | 1.5B | 1.5B | 2.3B | 1.6B | 947.4M |
| Total debt | 1.5B | 1.5B | 2.3B | 1.6B | 947.4M |
| Stockholders’ equity | 367.6M | 504.5M | 1.2B | 1.8B | 2.6B |
| Net debt | 1.0B | 1.0B | 1.9B | 1.3B | 359.6M |
Cash Flow Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Operating cash flow | 747.3M | 611.7M | 602.8M | 762.1M | 652.6M |
| Investing cash flow | (231.6M) | (108.0M) | (1.4B) | (144.0M) | (152.3M) |
| Financing cash flow | (438.3M) | (509.6M) | 755.0M | (696.7M) | (237.2M) |
| Capital expenditure | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| Dividends paid | — | — | — | — | — |
| Stock-based compensation | 29.9M | 42.6M | 36.9M | 44.7M | 54.1M |
Figures are parsed from SEC XBRL company facts and may be derived where issuers report year-to-date values (quarterly figures differenced; Q4 computed as FY minus Q3). Fiscal periods follow each company's fiscal calendar, not calendar years. Historical fact, not investment advice — verify with official SEC filings.
Every WAT filing, connected
Financials beside price, insider trades, and 8-K events — with alerts the moment something new is filed.