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Waters (WAT) Research & Development (2016 - 2025)

Waters has reported Research & Development over the past 16 years, most recently at $46.9 million for Q4 2025.

  • Quarterly results put Research & Development at $46.9 million for Q4 2025, changed 0.03% from a year ago — trailing twelve months through Dec 2025 was $195.7 million (up 6.93% YoY), and the annual figure for FY2025 was $195.7 million, up 6.93%.
  • Research & Development for Q4 2025 was $46.9 million at Waters, down from $53.6 million in the prior quarter.
  • Over the last five years, Research & Development for WAT hit a ceiling of $53.6 million in Q3 2025 and a floor of $38.1 million in Q1 2021.
  • Median Research & Development over the past 5 years was $44.8 million (2021), compared with a mean of $44.9 million.
  • Biggest five-year swings in Research & Development: surged 44.28% in 2021 and later fell 8.06% in 2023.
  • Waters' Research & Development stood at $43.3 million in 2021, then rose by 11.41% to $48.3 million in 2022, then decreased by 8.06% to $44.4 million in 2023, then grew by 5.7% to $46.9 million in 2024, then decreased by 0.03% to $46.9 million in 2025.
  • The last three reported values for Research & Development were $46.9 million (Q4 2025), $53.6 million (Q3 2025), and $48.5 million (Q2 2025) per Business Quant data.