Waters (WAT) Inventory Average (2009 - 2026)
Waters (WAT) recorded quarterly Inventory Average of $1.0 billion in Q2 2026, up 80.62% quarter-over-quarter from $572.5 million in Q4 2025, and up 109.15% on a YoY basis from $494.4 million in Q2 2025.
Waters (WAT) Inventory Average (2009 - 2026) Analysis & Trends
Waters' Inventory Average history runs 16 years deep, the most recent figure standing at $1.0 billion for Q2 2026.
- In Q2 2026, Inventory Average rose 109.15% year-over-year to $1.0 billion; the TTM figure through Apr 2026 stood at $1.0 billion (up 109.15% YoY), while the FY2025 annual figure was $524.6 million, up 5.61% from the prior year.
- Inventory Average was $1.0 billion for Q2 2026 at Waters, up from $572.5 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $1.0 billion in Q2 2026 to a low of $494.4 million in Q1 2025.
- Historically, Inventory Average has averaged $579.1 million across 4 years, with a median of $528.9 million in 2023.
- The sharpest annual moves came in 2025 and 2026: Inventory Average dropped 6.27% in 2025, then surged 109.15% in 2026.
- A 4-year view of Inventory Average shows it stood at $530.3 million in 2023, then slipped by 6.07% to $498.1 million in 2024, then advanced by 14.92% to $572.5 million in 2025, then soared by 80.62% to $1.0 billion in 2026.
- The last three Inventory Average figures came in at $1.0 billion (Q2 2026), $572.5 million (Q4 2025), and $556.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 1.03 Bn |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 5.46 Bn |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 2.55 Bn |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 380.08 Mn |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 1.07 Bn |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | - |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 69.58 Mn |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 587.50 Mn |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 396.03 Mn |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 Bn | 942.00 Mn | 207.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 4, 2026 | 1.03 Bn |
| Dec 31, 2025 | 572.47 Mn |
| Sep 27, 2025 | 556.85 Mn |
| Jun 28, 2025 | 526.13 Mn |
| Mar 29, 2025 | 494.38 Mn |
| Dec 31, 2024 | 498.13 Mn |
| Sep 28, 2024 | 520.96 Mn |
| Jun 29, 2024 | 530.78 Mn |
| Mar 30, 2024 | 527.44 Mn |
| Dec 31, 2023 | 530.32 Mn |
| Dec 31, 2020 | 315.61 Mn |
| Sep 26, 2020 | 335.48 Mn |
| Jun 27, 2020 | 344.01 Mn |
| Mar 28, 2020 | 332.28 Mn |
| Dec 31, 2019 | 344.67 Mn |
| Sep 28, 2019 | 360.17 Mn |
| Jun 29, 2019 | 342.43 Mn |
| Mar 30, 2019 | 312.44 Mn |
| Dec 31, 2018 | 302.59 Mn |
| Sep 29, 2018 | 306.60 Mn |