KPIs & Operating Metrics(New)
Growth Metrics

Waters (WAT) Operating Expenses (2016 - 2026)

Waters has reported Operating Expenses over the past 18 years, most recently at $1.3 billion for Q2 2026.

  • For Q2 2026, Operating Expenses rose 157.65% year-over-year to $1.3 billion; the TTM value through Apr 2026 reached $3.2 billion, up 48.04%, while the annual FY2025 figure was $2.4 billion, 10.82% up from the prior year.
  • Operating Expenses for Q2 2026 was $1.3 billion at Waters, up from $661.8 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $1.3 billion in Q2 2026 and troughed at $495.1 million in Q1 2022.
  • A 5-year average of $590.9 million and a median of $532.3 million in 2023 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: dropped 3.94% in 2024 and later skyrocketed 157.65% in 2026.
  • Year by year, Operating Expenses stood at $572.2 million in 2022, then dropped by 2.97% to $555.3 million in 2023, then increased by 4.54% to $580.5 million in 2024, then rose by 14.02% to $661.8 million in 2025, then surged by 98.54% to $1.3 billion in 2026.
  • Business Quant data shows Operating Expenses for WAT at $1.3 billion in Q2 2026, $661.8 million in Q4 2025, and $607.8 million in Q3 2025.