Waters (WAT) Operating Income (2009 - 2026)

Waters' Operating Income history runs 18 years deep, the most recent figure standing at -$47.0 million for Q2 2026.

• In Q2 2026, Operating Income fell 130.92% year-over-year to -$47.0 million; the TTM figure through Apr 2026 stood at $603.8 million (down 28.5% YoY), while the FY2025 annual figure was $802.6 million, down 2.88% from the prior year.
• Operating Income was -$47.0 million for Q2 2026 at Waters, down from $270.5 million in the prior quarter.
• In the past five years, Operating Income ranged from a high of $292.3 million in Q4 2024 to a low of -$47.0 million in Q2 2026.
• Historically, Operating Income has averaged $192.5 million across 5 years, with a median of $192.1 million in 2025.
• The sharpest annual moves came in 2024 and 2026: Operating Income climbed 17.67% in 2024, then plunged 130.92% in 2026.
• A 5-year view of Operating Income shows it stood at $286.3 million in 2022, then slipped by 7.71% to $264.2 million in 2023, then grew by 10.61% to $292.3 million in 2024, then slipped by 7.44% to $270.5 million in 2025, then sank by 117.37% to -$47.0 million in 2026.
• The last three Operating Income figures came in at -$47.0 million (Q2 2026), $270.5 million (Q4 2025), and $192.1 million (Q3 2025), per Business Quant data.