Waters (WAT) Change in Inventory (2009 - 2026)

Waters (WAT) recorded quarterly Change in Inventory of $33.0 million in Q2 2026, up 143578.26% quarter-over-quarter from -$23000.0 in Q4 2025, and up 26.92% on a YoY basis from $26.0 million in Q2 2025.

Waters (WAT) Change in Inventory (2009 - 2026) Analysis & Trends

Waters' Change in Inventory history runs 18 years deep, the most recent figure standing at $33.0 million for Q2 2026.

  • In Q2 2026, Change in Inventory rose 26.92% year-over-year to $33.0 million; the TTM figure through Apr 2026 stood at $72.9 million (up 413.66% YoY), while the FY2025 annual figure was $65.9 million, up 414.82% from the prior year.
  • Change in Inventory was $33.0 million for Q2 2026 at Waters, up from -$23000.0 in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $33.0 million in Q2 2026 to a low of -$36.0 million in Q4 2023.
  • Historically, Change in Inventory has averaged $4.0 million across 5 years, with a median of $4.8 million in 2025.
  • The sharpest annual moves came in 2023 and 2025: Change in Inventory tumbled 218.08% in 2023, then jumped 306.34% in 2025.
  • A 5-year view of Change in Inventory shows it stood at -$11.3 million in 2022, then sank by 218.08% to -$36.0 million in 2023, then jumped by 36.13% to -$23.0 million in 2024, then surged by 99.9% to -$23000.0 in 2025, then jumped by 143578.26% to $33.0 million in 2026.
  • The last three Change in Inventory figures came in at $33.0 million (Q2 2026), -$23000.0 (Q4 2025), and $30.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Inventory (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 33.00 Mn
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn -
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 132.00 Mn
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn -2.24 Mn
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 46.00 Mn
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn -
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 2.28 Mn
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 13.00 Mn
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 19.89 Mn
10 Quest Diagnostics 21.68 Bn 21.59 Bn 942.00 Mn -

Historic Data

Download Data
DateValue
Apr 4, 2026 33.00 Mn
Apr 4, 2026 33.00 Mn
Dec 31, 2025 -23,000.00
Dec 31, 2025 -23,000.00
Sep 27, 2025 30.29 Mn
Sep 27, 2025 30.29 Mn
Jun 28, 2025 9.67 Mn
Jun 28, 2025 9.67 Mn
Mar 29, 2025 26.00 Mn
Mar 29, 2025 26.00 Mn
Dec 31, 2024 -22.98 Mn
Dec 31, 2024 -22.98 Mn
Sep 28, 2024 -14.68 Mn
Sep 28, 2024 -14.68 Mn
Jun 29, 2024 -11.60 Mn
Jun 29, 2024 -11.60 Mn
Mar 30, 2024 28.31 Mn
Mar 30, 2024 28.31 Mn
Dec 31, 2023 -35.97 Mn
Dec 31, 2023 -35.97 Mn