Waters (WAT) Operating Leases (2019 - 2026)

Waters (WAT) recorded quarterly Operating Leases of $302.0 million in Q2 2026, up 469.81% quarter-over-quarter from $53.0 million in Q4 2025, and up 478.01% on a YoY basis from $52.2 million in Q2 2025.

Waters (WAT) Operating Leases (2019 - 2026) Analysis & Trends

Waters' Operating Leases history runs 8 years deep, the most recent figure standing at $302.0 million for Q2 2026.

  • In Q2 2026, Operating Leases rose 478.01% year-over-year to $302.0 million; the TTM figure through Apr 2026 stood at $302.0 million (up 478.01% YoY), while the FY2025 annual figure was $53.0 million, up 5.33% from the prior year.
  • Operating Leases was $302.0 million for Q2 2026 at Waters, up from $53.0 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $302.0 million in Q2 2026 to a low of $50.3 million in Q4 2024.
  • Historically, Operating Leases has averaged $77.9 million across 5 years, with a median of $54.6 million in 2024.
  • The sharpest annual moves came in 2024 and 2026: Operating Leases slumped 42.0% in 2024, then surged 478.01% in 2026.
  • A 5-year view of Operating Leases shows it stood at $62.1 million in 2022, then surged by 39.68% to $86.8 million in 2023, then plunged by 42.0% to $50.3 million in 2024, then increased by 5.33% to $53.0 million in 2025, then soared by 469.81% to $302.0 million in 2026.
  • The last three Operating Leases figures came in at $302.0 million (Q2 2026), $53.0 million (Q4 2025), and $50.5 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
DateValue
Apr 4, 2026 302.00 Mn
Dec 31, 2025 53.00 Mn
Sep 27, 2025 50.47 Mn
Jun 28, 2025 52.66 Mn
Mar 29, 2025 52.25 Mn
Dec 31, 2024 50.32 Mn
Sep 28, 2024 53.23 Mn
Jun 29, 2024 56.35 Mn
Mar 30, 2024 55.93 Mn
Dec 31, 2023 86.75 Mn
Sep 30, 2023 60.17 Mn
Dec 31, 2022 62.11 Mn
Dec 31, 2021 59.62 Mn
Dec 31, 2020 68.20 Mn
Sep 26, 2020 62.47 Mn
Jun 27, 2020 63.83 Mn
Mar 28, 2020 63.61 Mn
Dec 31, 2019 94.01 Mn
Sep 28, 2019 85.31 Mn
Jun 29, 2019 66.71 Mn