Waters (WAT) Retained Earnings (2009 - 2026)

Waters (WAT) recorded quarterly Retained Earnings of -$168.0 million in Q2 2026, down 101.61% quarter-over-quarter from $10.4 billion in Q4 2025, and down 101.7% on a YoY basis from $9.9 billion in Q2 2025.

Waters (WAT) Retained Earnings (2009 - 2026) Analysis & Trends

Waters' Retained Earnings history runs 18 years deep, the most recent figure standing at -$168.0 million for Q2 2026.

  • In Q2 2026, Retained Earnings fell 101.7% year-over-year to -$168.0 million; the TTM figure through Apr 2026 stood at -$168.0 million (down 101.7% YoY), while the FY2025 annual figure was $10.4 billion, up 6.56% from the prior year.
  • Retained Earnings was -$168.0 million for Q2 2026 at Waters, down from $10.4 billion in the prior quarter.
  • In the past five years, Retained Earnings ranged from a high of $10.4 billion in Q4 2025 to a low of -$168.0 million in Q2 2026.
  • Historically, Retained Earnings has averaged $7.2 billion across 5 years, with a median of $9.4 billion in 2024.
  • The sharpest annual moves came in 2025 and 2026: Retained Earnings jumped 6886.11% in 2025, then slumped 101.7% in 2026.
  • A 5-year view of Retained Earnings shows it stood at $8.5 billion in 2022, then increased by 7.55% to $9.2 billion in 2023, then advanced by 6.97% to $9.8 billion in 2024, then rose by 6.56% to $10.4 billion in 2025, then sank by 101.61% to -$168.0 million in 2026.
  • The last three Retained Earnings figures came in at -$168.0 million (Q2 2026), $10.4 billion (Q4 2025), and $10.2 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn -168.00 Mn
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 60.63 Bn
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn -593.00 Mn
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn -64.94 Mn
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn -202.00 Mn
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn -968.00 Mn
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn -2.86 Bn
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn -258.00 Mn
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn -344.64 Mn
10 Quest Diagnostics 21.68 Bn 21.59 Bn 942.00 Mn 10.15 Bn

Historic Data

Download Data
DateValue
Apr 4, 2026 -168.00 Mn
Dec 31, 2025 10.43 Bn
Sep 27, 2025 10.21 Bn
Jun 28, 2025 10.06 Bn
Mar 29, 2025 9.91 Bn
Dec 31, 2024 9.79 Bn
Sep 28, 2024 9.56 Bn
Jun 29, 2024 -148.20 Mn
Mar 30, 2024 9.25 Bn
Dec 31, 2023 9.15 Bn
Sep 30, 2023 -146.30 Mn
Dec 31, 2022 8.51 Bn
Dec 31, 2021 7.80 Bn
Dec 31, 2020 7.11 Bn
Sep 26, 2020 6.89 Bn
Jun 27, 2020 -126.89 Mn
Mar 28, 2020 6.64 Bn
Dec 31, 2019 -119.47 Mn
Sep 28, 2019 6.39 Bn
Jun 29, 2019 -115.10 Mn