Waters Corp (WAT) Financials

Key financial figures for Waters Corp (Q2 2026).

Waters Corporation reported revenue of $1.65 billion for Q2 FY2026, up 113.3% from the same period a year earlier. The company posted a net loss of $136.0 million, or -$1.39 per share. Operating margin came to -5.23%, against 24.4% a year earlier. Free cash flow for the period was $153.0 million. Across the last 5 reported quarters, quarterly revenue has risen from $771.3 million in Q2 FY2025 to $1.65 billion in Q2 FY2026. The figures above are as filed, and the full income statement, balance sheet and cash flow history for Waters Corporation are on the SentiSense financials page.

Revenue
$1.6B
Net Income
-$136M
EPS
$-1.39
Total Assets
$24.8B
Operating Cash Flow
$201M

Recent quarters

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
Q2 FY2026$1.6B-$136M-$1.39-5.23%$153M
Q1 FY2026$1.3B-$72M-$0.87-3.71%-$42M
Q4 FY2025$932M$225M$3.7733.31%$126M
Q3 FY2025$800M$149M$2.5024.02%$162M
Q2 FY2025$771M$147M$2.4724.4%$19M

Recent fiscal years

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
FY2025$3.2B$643M$10.7628.22%$540M
FY2024$3.0B$638M$10.7127.93%$620M
FY2023$3.0B$642M$10.8427.66%$442M

Frequently asked questions

What was Waters Corporation's revenue last quarter?

Waters Corporation reported revenue of $1.65 billion for Q2 FY2026, up 113.3% from the same period a year earlier.

Is Waters Corporation profitable?

Not in its most recent reported period. Waters Corporation reported a net loss of $136.0 million for Q2 FY2026, a net margin of -8.27% on revenue.

How has Waters Corporation's margin trended?

Operating margin was -5.23% in Q2 FY2026, compared with 24.4% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.

How much free cash flow did Waters Corporation generate?

Waters Corporation generated free cash flow of $153.0 million in Q2 FY2026, after capital expenditure.

Full income statement, balance sheet and cash flow for Waters Corp on SentiSense, with up to forty quarters and twenty fiscal years of history.