Waters (WAT) Revenue (2009 - 2026)

Waters (WAT) recorded quarterly Revenue of $1.3 billion in Q2 2026, up 35.89% quarter-over-quarter from $932.4 million in Q4 2025, and up 91.39% on a YoY basis from $662.0 million in Q2 2025.

Waters (WAT) Revenue (2009 - 2026) Analysis & Trends

Waters' Revenue history runs 18 years deep, the most recent figure standing at $1.3 billion for Q2 2026.

  • In Q2 2026, Revenue rose 91.39% year-over-year to $1.3 billion; the TTM figure through Apr 2026 stood at $3.8 billion (up 26.38% YoY), while the FY2025 annual figure was $3.2 billion, up 6.99% from the prior year.
  • Revenue was $1.3 billion for Q2 2026 at Waters, up from $932.4 million in the prior quarter.
  • In the past five years, Revenue ranged from a high of $1.3 billion in Q2 2026 to a low of $636.8 million in Q1 2024.
  • Historically, Revenue has averaged $783.5 million across 5 years, with a median of $740.3 million in 2024.
  • The sharpest annual moves came in 2024 and 2026: Revenue retreated 6.99% in 2024, then surged 91.39% in 2026.
  • A 5-year view of Revenue shows it stood at $858.5 million in 2022, then fell by 4.55% to $819.5 million in 2023, then increased by 6.5% to $872.7 million in 2024, then grew by 6.83% to $932.4 million in 2025, then jumped by 35.89% to $1.3 billion in 2026.
  • The last three Revenue figures came in at $1.3 billion (Q2 2026), $932.4 million (Q4 2025), and $799.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 1.27 Bn
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 11.01 Bn
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 5.95 Bn
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 1.14 Bn
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 1.84 Bn
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 4.15 Bn
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 696.64 Mn
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 1.09 Bn
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 947.13 Mn
10 Quest Diagnostics 21.68 Bn 21.59 Bn 942.00 Mn 2.90 Bn

Historic Data

Download Data
DateValue
Apr 4, 2026 1.27 Bn
Dec 31, 2025 932.36 Mn
Sep 27, 2025 799.89 Mn
Jun 28, 2025 771.33 Mn
Mar 29, 2025 662.00 Mn
Dec 31, 2024 872.71 Mn
Sep 28, 2024 740.31 Mn
Jun 29, 2024 708.53 Mn
Mar 30, 2024 636.84 Mn
Dec 31, 2023 819.47 Mn
Sep 30, 2023 711.69 Mn
Jun 30, 2023 740.58 Mn
Mar 31, 2023 684.67 Mn
Dec 31, 2022 858.51 Mn
Sep 30, 2022 708.56 Mn
Jun 30, 2022 714.32 Mn
Mar 31, 2022 690.57 Mn
Dec 31, 2021 836.45 Mn
Sep 30, 2021 659.23 Mn
Jun 30, 2021 681.65 Mn