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| Date | Value |
|---|---|
| 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 |