KPIs & Operating Metrics(New)
Growth Metrics

Waters (WAT) Net Margin (2016 - 2026)

Waters has reported Net Margin over the past 18 years, most recently at 5.68% for Q2 2026.

  • For Q2 2026, Net Margin fell 2402.0% year-over-year to 5.68%; the TTM value through Apr 2026 reached 11.91%, down 1011.0%, while the annual FY2025 figure was 20.3%, 126.0% down from the prior year.
  • Net Margin for Q2 2026 was 5.68% at Waters, down from 24.16% in the prior quarter.
  • Over five years, Net Margin peaked at 26.51% in Q4 2024 and troughed at 5.68% in Q2 2026.
  • A 5-year average of 19.99% and a median of 20.58% in 2023 define the central range for Net Margin.
  • Biggest five-year swings in Net Margin: soared 291bps in 2024 and later tumbled -2402bps in 2026.
  • Year by year, Net Margin stood at 26.45% in 2022, then decreased by 0bps to 26.38% in 2023, then rose by 0bps to 26.51% in 2024, then fell by -9bps to 24.16% in 2025, then tumbled by -124bps to 5.68% in 2026.
  • Business Quant data shows Net Margin for WAT at 5.68% in Q2 2026, 24.16% in Q4 2025, and 18.62% in Q3 2025.