Income Statement - WATERS CORP /DE/ (WAT)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 3,165.29 | 2,958.39 | 2,956.42 | 2,971.96 | 2,785.87 | 2,365.37 | 2,406.60 | 2,419.93 | 2,309.08 | 2,167.42 | 2,042.33 | 1,989.34 | 1,904.22 | 1,843.64 | 1,851.18 | 1,643.37 | 1,498.70 | 1,575.12 | 1,473.05 | 1,280.23 |
| Cost of revenue | 1,336.61 | 1,200.20 | 1,195.22 | 1,248.18 | 1,156.53 | 1,006.69 | 1,010.70 | 992.56 | 947.07 | 891.45 | 842.67 | 824.91 | 783.46 | 737.61 | 730.49 | 653.30 | 594.88 | 661.27 | 631.12 | 536.19 |
| Gross profit | 1,828.67 | 1,758.19 | 1,761.19 | 1,723.77 | 1,629.34 | 1,358.68 | 1,395.90 | 1,427.37 | 1,362.01 | 1,275.97 | 1,199.66 | 1,164.43 | 1,120.76 | 1,106.03 | 1,120.69 | 990.07 | 903.82 | 913.86 | 841.93 | 744.04 |
| Total operating expenses | 935.45 | 931.83 | 910.96 | 850.38 | 807.63 | 713.19 | 687.44 | 687.59 | 699.81 | 650.93 | 632.21 | 646.52 | 603.42 | 594.54 | 592.09 | 540.14 | 509.22 | 524.10 | 493.05 | 448.89 |
| Operating income | 893.22 | 826.35 | 817.68 | 873.40 | 821.71 | 645.49 | 708.46 | 739.77 | 662.20 | 625.04 | 567.45 | 517.91 | 517.34 | 511.49 | 528.60 | 449.93 | 394.60 | 389.75 | 348.88 | 295.15 |
| Non-operating income (net) | -138.35 | -71.49 | -81.43 | -35.55 | -15.51 | -34.58 | -30.22 | -57.63 | -21.10 | -24.93 | -25.53 | -27.17 | -27.24 | -23.87 | -19.35 | -12.07 | -7.95 | -17.56 | -25.69 | -32.19 |
| Income before tax | 754.88 | 754.87 | 736.24 | 837.85 | 806.19 | 610.91 | 678.24 | 682.15 | 641.10 | 600.11 | 541.92 | 490.74 | 490.11 | 487.63 | 509.25 | 437.86 | 386.65 | 372.19 | 323.19 | 262.96 |
| Income tax expense | 112.25 | 117.03 | 94.01 | 130.09 | 113.35 | 89.34 | 86.04 | 88.35 | 620.79 | 78.61 | 72.87 | 59.12 | 40.10 | 26.18 | 76.28 | 56.10 | 63.34 | 49.71 | 55.12 | 40.76 |
| Net income | 642.63 | 637.83 | 642.23 | 707.76 | 692.84 | 521.57 | 592.20 | 593.79 | 20.31 | 521.50 | 469.05 | 431.62 | 450.00 | 461.44 | 432.97 | 381.76 | 323.31 | 322.48 | 268.07 | 222.20 |
Show Quarterly Income Statement
Income Statement - WATERS CORP /DE/ (WAT)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,267.00 | 932.36 | 799.89 | 771.33 | 661.71 | 872.71 | 740.31 | 708.53 | 636.84 | 819.47 | 711.69 | 740.58 | 684.67 | 858.51 | 708.56 | 714.32 | 690.57 | 836.45 | 659.23 | 681.65 | 608.55 | 786.66 | 593.78 | 519.98 | 464.94 | 716.29 | 577.28 | 599.16 | 513.86 | 715.02 | 578.02 | 596.22 | 530.67 | 687.28 | 565.58 | 558.25 | 497.97 | 628.79 | 526.83 | 536.56 | 475.25 | 586.61 | 500.58 | 494.74 | 460.40 | 583.87 | 493.17 | 481.80 | 430.51 | 565.45 | 457.32 | 451.12 | 430.34 | 521.77 | 449.95 | 451.47 | 420.46 | 521.42 | 454.53 | 447.63 | 427.60 | 483.58 | 401.04 | 391.06 | 367.70 | 428.85 | 373.96 | 362.84 | 333.05 | 418.33 | 386.31 | 398.77 | 371.71 | 437.00 | 352.64 | 352.63 | 330.78 | 386.93 | 301.18 | 301.90 | 290.22 |
| Cost of revenue | 672.00 | 374.94 | 327.81 | 321.41 | 276.75 | 348.52 | 301.66 | 288.24 | 261.79 | 318.36 | 291.41 | 301.08 | 284.38 | 348.19 | 307.10 | 307.21 | 285.69 | 351.00 | 271.13 | 280.25 | 254.15 | 320.57 | 262.34 | 213.13 | 210.64 | 299.07 | 241.06 | 249.55 | 221.03 | 286.87 | 241.14 | 243.14 | 221.42 | 270.45 | 235.89 | 229.63 | 211.10 | 251.58 | 218.34 | 220.38 | 201.15 | 237.92 | 206.80 | 208.71 | 189.25 | 233.12 | 202.22 | 201.85 | 187.72 | 228.99 | 191.57 | 188.33 | 174.57 | 208.36 | 182.70 | 179.26 | 167.29 | 204.24 | 180.32 | 176.10 | 169.83 | 189.25 | 162.99 | 155.13 | 145.93 | 170.13 | 153.14 | 144.15 | 127.45 | 172.06 | 158.52 | 175.23 | 155.45 | 181.99 | 153.68 | 152.22 | 143.23 | 162.39 | 127.17 | 126.00 | 120.63 |
| Gross profit | 595.00 | 557.42 | 472.08 | 449.93 | 384.96 | 524.20 | 438.65 | 420.29 | 375.05 | 501.11 | 420.29 | 439.50 | 400.29 | 510.32 | 401.45 | 407.11 | 404.89 | 485.45 | 388.11 | 401.39 | 354.40 | 466.09 | 331.44 | 306.85 | 254.30 | 417.23 | 336.22 | 349.62 | 292.83 | 428.15 | 336.88 | 353.08 | 309.25 | 416.82 | 329.69 | 328.62 | 286.87 | 377.21 | 308.49 | 316.18 | 274.10 | 348.70 | 293.77 | 286.03 | 271.16 | 350.75 | 290.94 | 279.95 | 242.79 | 336.46 | 265.75 | 262.79 | 255.77 | 313.40 | 267.25 | 272.21 | 253.17 | 317.18 | 274.22 | 271.52 | 257.77 | 294.33 | 238.05 | 235.92 | 221.77 | 258.72 | 220.82 | 218.68 | 205.60 | 246.27 | 227.79 | 223.54 | 216.26 | 255.01 | 198.96 | 200.41 | 187.55 | 224.54 | 174.02 | 175.90 | 169.59 |
| Total operating expenses | 642.00 | 246.84 | 279.97 | 261.71 | 233.22 | 231.94 | 227.52 | 231.17 | 241.21 | 236.89 | 240.86 | 239.64 | 226.13 | 224.04 | 209.44 | 207.48 | 209.42 | 223.25 | 196.29 | 204.97 | 183.13 | 202.38 | 173.06 | 151.74 | 186.02 | 180.81 | 162.99 | 171.96 | 171.68 | 183.62 | 165.21 | 173.89 | 164.87 | 186.65 | 170.67 | 174.74 | 168.15 | 168.87 | 156.76 | 164.57 | 161.43 | 167.39 | 157.93 | 155.72 | 151.18 | 178.71 | 152.23 | 161.55 | 154.03 | 160.28 | 146.68 | 150.09 | 146.37 | 154.00 | 145.51 | 152.08 | 142.95 | 152.30 | 146.95 | 150.96 | 141.88 | 146.15 | 134.24 | 130.34 | 129.41 | 132.41 | 124.71 | 131.99 | 120.11 | 129.94 | 129.76 | 136.52 | 127.90 | 125.10 | 129.73 | 123.47 | 114.75 | 117.50 | 108.28 | 112.98 | 110.13 |
| Operating income | -47.00 | 310.58 | 192.11 | 188.21 | 151.75 | 292.26 | 211.13 | 189.11 | 133.85 | 264.22 | 179.43 | 199.86 | 174.17 | 286.28 | 192.01 | 199.63 | 195.47 | 262.20 | 191.82 | 196.42 | 171.27 | 263.71 | 158.38 | 155.11 | 68.28 | 236.42 | 173.24 | 177.65 | 121.15 | 244.53 | 171.67 | 179.19 | 144.38 | 230.17 | 159.02 | 153.88 | 118.72 | 208.34 | 151.73 | 151.61 | 112.66 | 181.31 | 135.84 | 130.32 | 119.98 | 172.04 | 138.71 | 118.40 | 88.76 | 176.18 | 119.07 | 112.69 | 109.41 | 159.41 | 121.75 | 120.12 | 110.22 | 164.87 | 127.26 | 120.57 | 115.90 | 148.18 | 103.82 | 105.58 | 92.36 | 126.30 | 96.11 | 86.70 | 85.49 | 116.33 | 98.03 | 87.02 | 88.37 | 129.92 | 69.23 | 76.94 | 72.79 | 107.04 | 65.73 | 62.92 | 59.46 |
| Non-operating income (net) | -41.00 | -46.40 | -22.00 | -10.52 | -8.86 | -15.28 | -17.52 | -19.70 | -18.99 | -26.62 | -26.23 | -19.58 | -9.00 | -10.79 | -8.63 | -7.36 | -8.78 | -9.88 | -9.14 | 0.99 | 2.51 | -6.46 | -7.95 | -9.75 | -10.42 | -12.03 | -8.50 | -5.92 | -3.77 | -46.73 | -2.44 | -4.63 | -3.83 | -4.43 | -5.22 | -5.81 | -5.23 | -5.76 | -6.28 | -6.16 | -6.03 | -6.07 | -6.28 | -6.55 | -6.64 | -7.57 | -7.30 | -6.27 | -6.03 | -6.85 | -6.41 | -7.98 | -6.00 | -6.37 | -5.92 | -5.85 | -5.72 | -6.19 | -5.55 | -4.24 | -3.37 | -3.32 | -3.29 | -3.17 | -2.29 | -1.60 | -2.08 | -2.05 | -2.22 | -3.92 | -4.54 | -4.86 | -4.24 | -5.73 | -6.72 | -6.40 | -6.84 | -13.10 | -6.69 | -6.27 | -6.14 |
| Income before tax | -88.00 | 264.18 | 170.12 | 177.69 | 142.89 | 276.98 | 193.62 | 169.41 | 114.86 | 237.60 | 153.20 | 180.28 | 165.17 | 275.50 | 183.38 | 192.27 | 186.70 | 252.32 | 182.68 | 197.41 | 173.78 | 257.25 | 150.44 | 145.36 | 57.86 | 224.39 | 164.74 | 171.74 | 117.38 | 197.81 | 169.23 | 174.56 | 140.55 | 225.74 | 153.80 | 148.07 | 113.49 | 202.58 | 145.45 | 145.46 | 106.63 | 175.24 | 129.56 | 123.77 | 113.35 | 164.47 | 131.41 | 112.12 | 82.73 | 169.33 | 112.66 | 104.72 | 103.41 | 153.03 | 115.82 | 114.28 | 104.50 | 158.68 | 121.72 | 116.33 | 112.53 | 144.86 | 100.52 | 102.41 | 90.07 | 124.71 | 94.03 | 84.64 | 83.27 | 112.41 | 93.49 | 82.17 | 84.12 | 124.18 | 62.51 | 70.54 | 65.96 | 93.94 | 59.05 | 56.64 | 53.33 |
| Income tax expense | -16.00 | 38.97 | 21.20 | 30.58 | 21.51 | 45.59 | 32.11 | 26.68 | 12.66 | 21.40 | 18.64 | 29.72 | 24.25 | 48.43 | 27.38 | 27.41 | 26.86 | 36.08 | 21.49 | 30.12 | 25.66 | 38.94 | 23.67 | 22.43 | 4.30 | 23.72 | 26.61 | 27.33 | 8.39 | 12.65 | 28.22 | 18.88 | 28.60 | 578.91 | 17.70 | 16.25 | 7.93 | 28.20 | 20.59 | 17.24 | 12.58 | 24.18 | 13.28 | 18.12 | 17.29 | 13.18 | 17.92 | 15.60 | 12.43 | 27.74 | 14.61 | 15.40 | -17.65 | -22.91 | 16.71 | 16.55 | 15.83 | 21.53 | 20.46 | 16.25 | 18.04 | 18.26 | 5.80 | 17.49 | 14.55 | 20.59 | 18.10 | 14.73 | 9.92 | 13.06 | 21.99 | -0.98 | 15.65 | 25.24 | 9.23 | 10.64 | 10.02 | 14.06 | 8.67 | 8.86 | 9.17 |
| Net income | -72.00 | 225.21 | 148.92 | 147.11 | 121.38 | 231.40 | 161.50 | 142.74 | 102.20 | 216.21 | 134.55 | 150.55 | 140.92 | 227.06 | 156.00 | 164.86 | 159.83 | 216.24 | 161.19 | 167.29 | 148.13 | 218.31 | 126.77 | 122.93 | 53.56 | 200.67 | 138.13 | 144.41 | 108.99 | 185.15 | 141.01 | 155.68 | 111.95 | -353.17 | 136.10 | 131.82 | 105.56 | 174.38 | 124.86 | 128.22 | 94.05 | 151.05 | 116.28 | 105.66 | 96.06 | 151.29 | 113.50 | 96.53 | 70.30 | 141.58 | 98.05 | 89.31 | 121.06 | 175.94 | 99.11 | 97.72 | 88.67 | 137.15 | 101.26 | 100.08 | 94.49 | 126.60 | 94.72 | 84.92 | 75.52 | 104.12 | 75.94 | 69.91 | 73.35 | 99.35 | 71.50 | 83.15 | 68.48 | 98.94 | 53.28 | 59.91 | 55.94 | 79.89 | 50.38 | 47.78 | 44.16 |