Waters (WAT) EBT (2009 - 2026)

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

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

Waters (WAT) has reported EBT for 18 consecutive years, with -$88.0 million the latest figure, recorded in 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 came in at -$88.0 million for Q2 2026 at Waters, down from $264.2 million in the prior quarter.
  • The five-year high for EBT was $277.0 million in Q4 2024, with the low at -$88.0 million in Q2 2026.
  • Average EBT over 5 years is $176.2 million, with a median of $180.3 million recorded in 2023.
  • Across the five-year window, EBT rose 26.39% in 2024 and slumped 161.54% in 2026, its largest moves.
  • Year by year, EBT stood at $275.5 million in 2022, then decreased by 13.76% to $237.6 million in 2023, then increased by 16.58% to $277.0 million in 2024, then retreated by 4.62% to $264.2 million in 2025, then tumbled by 133.31% to -$88.0 million in 2026.
  • According to Business Quant data, EBT over the past three periods registered -$88.0 million, $264.2 million, and $170.1 million for Q2 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn -88.00 Mn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 1.73 Bn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 1.24 Bn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 355.44 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -84.81 Mn
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 408.00 Mn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 328.00 Mn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 157.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 209.66 Mn
10 Quest Diagnostics 23.76 Bn 23.67 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