Waters (WAT) Cost of Revenue (2009 - 2026)

Waters (WAT) has reported Cost of Revenue for 18 consecutive years, with $155.0 million the latest figure, recorded in Q2 2026.

• In Q2 2026, Cost of Revenue fell 8.28% year-over-year to $155.0 million; the TTM figure through Apr 2026 stood at $835.5 million (up 13.18% YoY), while the FY2025 annual figure was $1.3 billion, up 7.38% from the prior year.
• Cost of Revenue came in at $155.0 million for Q2 2026 at Waters, down from $362.9 million in the prior quarter.
• The five-year high for Cost of Revenue was $362.9 million in Q4 2025, with the low at $108.3 million in Q3 2024.
• Average Cost of Revenue over 5 years is $245.3 million, with a median of $285.7 million recorded in 2022.
• Across the five-year window, Cost of Revenue slumped 62.84% in 2024 and jumped 78.36% in 2025, its largest moves.
• Year by year, Cost of Revenue stood at $348.2 million in 2022, then slipped by 8.57% to $318.4 million in 2023, then advanced by 9.47% to $348.5 million in 2024, then increased by 4.12% to $362.9 million in 2025, then plunged by 57.28% to $155.0 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $155.0 million, $362.9 million, and $117.2 million for Q2 2026, Q4 2025, and Q3 2025 respectively.