Waters Corporation revenue by segment WAT

Annual Quarterly

Waters Corporation splits its revenue into 8 lines in its filings. The largest line in Q2 of fiscal 2026, the quarter ended Jul 4, 2026 was Consumables at $765.0 million, 47% of the total.

USD in millions. The percent under a figure is the change from the same quarter a year earlier.

Line	TTM Jul 4, 2026	Q2 FY2026 Jul 4, 2026	Q1 FY2026 Apr 4, 2026	Q4 FY2025 Dec 31, 2025	Q3 FY2025 Sep 27, 2025	Q2 FY2025 Jun 28, 2025	Q1 FY2025 Mar 29, 2025	Q4 FY2024 Dec 31, 2024	Q3 FY2024 Sep 28, 2024
Revenue	4,644	1,645	1,267	932	800	771	662	873	740
Consumables	—	765 +363.6% share 46.5%	543 +293.5% share 42.9%	—	—	165 share 21.4%	138 share 20.8%	—	—
Instrument Systems	—	455 share 27.7%	376 +43.0% share 29.7%	—	—	—	263 share 39.7%	—	—
Services	—	425 share 25.8%	348 +33.3% share 27.5%	—	—	—	261 share 39.4%	—	—
Waters Instrument Systems	—	—	—	355 +4.1% share 38.0%	282 +6.3% share 35.2%	253 share 32.8%	—	341 share 39.0%	265 share 35.8%
Waters Service	—	—	—	299 +9.7% share 32.1%	273 +8.6% share 34.1%	271 share 35.2%	—	272 share 31.2%	251 share 34.0%
Chemistry Consumables	—	—	—	170 +12.6% share 18.3%	158 +14.1% share 19.8%	165 share 21.4%	—	151 share 17.3%	139 share 18.8%
Ta Instrument Systems	—	—	—	78 -1.0% share 8.4%	60 +3.1% share 7.4%	56 share 7.2%	—	79 share 9.0%	58 share 7.8%
Ta Service	—	—	—	30 +2.6% share 3.3%	27 +0.3% share 3.4%	27 share 3.5%	—	30 share 3.4%	27 share 3.6%

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. 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

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.