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| Date | Value |
|---|---|
| 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 |