Waters (WAT) Gross Profit (2009 - 2026)
Waters (WAT) recorded quarterly Gross Profit of $1.1 billion in Q2 2026, up 95.26% quarter-over-quarter from $569.5 million in Q4 2025, and up 125.56% on a YoY basis from $493.0 million in Q2 2025.
Waters (WAT) Gross Profit (2009 - 2026) Analysis & Trends
Waters' Gross Profit history runs 18 years deep, the most recent figure standing at $1.1 billion for Q2 2026.
- In Q2 2026, Gross Profit rose 125.56% year-over-year to $1.1 billion; the TTM figure through Apr 2026 stood at $2.9 billion (up 30.72% YoY), while the FY2025 annual figure was $1.9 billion, up 6.73% from the prior year.
- Gross Profit was $1.1 billion for Q2 2026 at Waters, up from $569.5 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $1.1 billion in Q2 2026 to a low of $400.3 million in Q1 2023.
- Historically, Gross Profit has averaged $538.2 million across 5 years, with a median of $501.1 million in 2023.
- The sharpest annual moves came in 2025 and 2026: Gross Profit fell 4.24% in 2025, then surged 125.56% in 2026.
- A 5-year view of Gross Profit shows it stood at $510.3 million in 2022, then slipped by 1.8% to $501.1 million in 2023, then climbed by 4.61% to $524.2 million in 2024, then advanced by 8.64% to $569.5 million in 2025, then jumped by 95.26% to $1.1 billion in 2026.
- The last three Gross Profit figures came in at $1.1 billion (Q2 2026), $569.5 million (Q4 2025), and $682.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 Bn | 942.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 4, 2026 | 1.11 Bn |
| Apr 4, 2026 | 1.11 Bn |
| Dec 31, 2025 | 569.50 Mn |
| Dec 31, 2025 | 569.50 Mn |
| Sep 27, 2025 | 682.72 Mn |
| Sep 27, 2025 | 682.72 Mn |
| Jun 28, 2025 | 570.84 Mn |
| Jun 28, 2025 | 570.84 Mn |
| Mar 29, 2025 | 493.00 Mn |
| Mar 29, 2025 | 493.00 Mn |
| Dec 31, 2024 | 524.20 Mn |
| Dec 31, 2024 | 524.20 Mn |
| Sep 28, 2024 | 632.03 Mn |
| Sep 28, 2024 | 632.03 Mn |
| Jun 29, 2024 | 596.12 Mn |
| Jun 29, 2024 | 596.12 Mn |
| Mar 30, 2024 | 483.66 Mn |
| Mar 30, 2024 | 483.66 Mn |
| Dec 31, 2023 | 501.11 Mn |
| Dec 31, 2023 | 501.11 Mn |