KPIs & Operating Metrics(New)
Growth Metrics

Waters (WAT) Research & Development (2016 - 2026)

Waters has reported Research & Development over the past 18 years, most recently at $96.0 million for Q2 2026.

  • For Q2 2026, Research & Development rose 104.26% year-over-year to $96.0 million; the TTM value through Apr 2026 reached $245.1 million, up 32.17%, while the annual FY2025 figure was $195.7 million, 6.93% up from the prior year.
  • Research & Development for Q2 2026 was $96.0 million at Waters, up from $46.9 million in the prior quarter.
  • Over five years, Research & Development peaked at $96.0 million in Q2 2026 and troughed at $40.5 million in Q1 2022.
  • A 5-year average of $48.6 million and a median of $45.9 million in 2023 define the central range for Research & Development.
  • Biggest five-year swings in Research & Development: dropped 8.06% in 2023 and later skyrocketed 104.26% in 2026.
  • Year by year, Research & Development stood at $48.3 million in 2022, then fell by 8.06% to $44.4 million in 2023, then increased by 5.7% to $46.9 million in 2024, then fell by 0.03% to $46.9 million in 2025, then soared by 104.7% to $96.0 million in 2026.
  • Business Quant data shows Research & Development for WAT at $96.0 million in Q2 2026, $46.9 million in Q4 2025, and $53.6 million in Q3 2025.