Waters (WAT) EBT (2009 - 2026)

Waters (WAT) recorded quarterly EBT of -$88.0 million in Q2 2026, down 133.31% quarter-over-quarter from $264.2 million in Q4 2025, and down 161.54% on a YoY basis from $143.0 million in Q2 2025.

Waters (WAT) EBT (2009 - 2026) Analysis & Trends

Waters' EBT history runs 18 years deep, the most recent figure standing at -$88.0 million for Q2 2026.

  • In Q2 2026, EBT fell 161.54% year-over-year to -$88.0 million; the TTM figure through Apr 2026 stood at $524.0 million (down 33.08% YoY), while the FY2025 annual figure was $754.9 million, changed 0.0% from the prior year.
  • EBT was -$88.0 million for Q2 2026 at Waters, down from $264.2 million in the prior quarter.
  • In the past five years, EBT ranged from a high of $277.0 million in Q4 2024 to a low of -$88.0 million in Q2 2026.
  • Historically, EBT has averaged $176.2 million across 5 years, with a median of $180.3 million in 2023.
  • The sharpest annual moves came in 2024 and 2026: EBT climbed 26.39% in 2024, then sank 161.54% in 2026.
  • A 5-year view of EBT shows it stood at $275.5 million in 2022, then declined by 13.76% to $237.6 million in 2023, then advanced by 16.58% to $277.0 million in 2024, then dropped by 4.62% to $264.2 million in 2025, then slumped by 133.31% to -$88.0 million in 2026.
  • The last three EBT figures came in at -$88.0 million (Q2 2026), $264.2 million (Q4 2025), and $170.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn -88.00 Mn
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 1.73 Bn
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 1.24 Bn
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 355.44 Mn
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 408.00 Mn
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 328.00 Mn
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn -84.81 Mn
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 157.00 Mn
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 209.66 Mn
10 Quest Diagnostics 21.68 Bn 21.59 Bn 942.00 Mn 334.00 Mn

Historic Data

Download Data
DateValue
Apr 4, 2026 -88.00 Mn
Dec 31, 2025 264.18 Mn
Sep 27, 2025 170.12 Mn
Jun 28, 2025 177.69 Mn
Mar 29, 2025 143.00 Mn
Dec 31, 2024 276.98 Mn
Sep 28, 2024 193.62 Mn
Jun 29, 2024 169.41 Mn
Mar 30, 2024 114.86 Mn
Dec 31, 2023 237.60 Mn
Sep 30, 2023 153.20 Mn
Jun 30, 2023 180.28 Mn
Mar 31, 2023 165.17 Mn
Dec 31, 2022 275.50 Mn
Sep 30, 2022 183.38 Mn
Jun 30, 2022 192.27 Mn
Mar 31, 2022 186.70 Mn
Dec 31, 2021 252.32 Mn
Sep 30, 2021 182.68 Mn
Jun 30, 2021 197.41 Mn