Waters (WAT) Free Cash Flow (2009 - 2026)

Waters (WAT) has reported Free Cash Flow for 18 consecutive years, with -$42.0 million the latest figure, recorded in Q2 2026.

• In Q2 2026, Free Cash Flow fell 117.95% year-over-year to -$42.0 million; the TTM figure through Apr 2026 stood at $263.8 million (down 57.41% YoY), while the FY2025 annual figure was $539.8 million, down 12.88% from the prior year.
• Free Cash Flow came in at -$42.0 million for Q2 2026 at Waters, down from $125.6 million in the prior quarter.
• The five-year high for Free Cash Flow was $234.2 million in Q1 2024, with the low at -$42.0 million in Q2 2026.
• Average Free Cash Flow over 5 years is $130.2 million, with a median of $149.2 million recorded in 2022.
• Across the five-year window, Free Cash Flow surged 49.42% in 2024 and plunged 117.95% in 2026, its largest moves.
• Year by year, Free Cash Flow stood at $136.5 million in 2022, then jumped by 38.09% to $188.5 million in 2023, then fell by 0.26% to $188.0 million in 2024, then slumped by 33.21% to $125.6 million in 2025, then tumbled by 133.44% to -$42.0 million in 2026.
• According to Business Quant data, Free Cash Flow over the past three periods registered -$42.0 million, $125.6 million, and $161.9 million for Q2 2026, Q4 2025, and Q3 2025 respectively.