Waters Corporation splits its revenue into 5 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Waters Instrument Systems at $1.1 billion, 35% of the total.
USD in millions. The percent under a figure is the change from the year before.
| Line |
FY 2026
Jul 4, 2026
|
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
FY 2017
Dec 31, 2017
|
FY 2016
Dec 31, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
4,644
|
3,165
|
2,958
|
2,956
|
2,972
|
2,786
|
2,365
|
2,407
|
2,420
|
2,309
|
2,167
|
| Waters Instrument Systems |
—
|
1,102
+6.7%
share 34.8%
|
1,032
-6.9%
share 34.9%
|
1,109
-8.4%
share 37.5%
|
1,210
+11.1%
share 40.7%
|
1,089
+22.3%
share 39.1%
|
891
-7.6%
share 37.7%
|
964
-3.7%
share 40.1%
|
1,001
+1.2%
share 41.3%
|
989
share 42.8%
|
—
|
| Waters Service |
—
|
1,080
+7.3%
share 34.1%
|
1,006
+5.8%
share 34.0%
|
951
+6.8%
share 32.2%
|
891
+1.6%
share 30.0%
|
877
+10.4%
share 31.5%
|
794
+4.3%
share 33.6%
|
762
+3.1%
share 31.6%
|
738
+7.5%
share 30.5%
|
687
share 29.7%
|
—
|
| Chemistry Consumables |
—
|
631
+11.7%
share 19.9%
|
565
+4.4%
share 19.1%
|
541
+3.1%
share 18.3%
|
525
+3.6%
share 17.7%
|
507
+17.4%
share 18.2%
|
432
+4.9%
share 18.3%
|
412
+2.9%
share 17.1%
|
400
+7.6%
share 16.5%
|
372
share 16.1%
|
—
|
| Ta Instrument Systems |
—
|
244
-1.0%
share 7.7%
|
246
-2.6%
share 8.3%
|
253
+0.2%
share 8.6%
|
252
+11.8%
share 8.5%
|
226
+29.4%
share 8.1%
|
174
-8.8%
share 7.4%
|
191
-6.3%
share 7.9%
|
204
+6.6%
share 8.4%
|
191
share 8.3%
|
—
|
| Ta Service |
—
|
108
+0.2%
share 3.4%
|
108
+5.7%
share 3.6%
|
102
+9.4%
share 3.4%
|
93
+6.9%
share 3.1%
|
87
+18.1%
share 3.1%
|
74
-5.1%
share 3.1%
|
78
+1.7%
share 3.2%
|
77
+9.2%
share 3.2%
|
70
share 3.0%
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.
Company profile
- Industry
- Laboratory Analytical Instruments (SIC 3826)
- Listed as
- WAT (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Milford, MA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1000697
Other Laboratory Analytical Instruments companies
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- 10x Genomics, Inc. TXG
Source: SEC EDGAR filings. This is company-reported data, not investment advice.