WAT · Waters Corp /De/
$412.17
-1.34 (-0.32%)
At close · Aug 14
View the 10-Q filed May 12, 2026
Customer concentration
— top customer 10% of receivables
One customer — 10% of receivables (the three months ended April 4, 2026)
“The Company considers this to be a significant concentration of credit risk, as it accounts for greater than 10% of the Company’s accounts receivables for the three months ended April 4, 2026.”
Market Cap
$40.49B
Shares
98.25M
Waters Corp Earnings Call Transcripts
Every quarterly earnings call for Waters Corp (WAT) — the full transcript with speaker labels, the audio replay, AI call highlights and a management-tone score, plus the matching 8-K earnings release and the quarter's 10-Q or 10-K. Investor days and conferences appear here too.
Revenue & result across quarters
Revenue Net income YoY up YoY down artefacts
▲7.5%
$708.55M
'22 Q3
22-11-01
▲2.6%
$858.51M
'22 Q4
23-02-15
▼0.9%
$684.67M
$140.92M
'23 Q1
23-05-09
▲3.7%
$740.58M
'23 Q2
23-08-02
▲0.4%
$711.69M
'23 Q3
23-11-07
▼4.5%
$819.47M
'23 Q4
24-02-06
▼7%
$636.84M
$102.20M
'24 Q1
24-05-07
▼4.3%
$708.53M
$142.74M
'24 Q2
24-07-31
▲4%
$740.30M
$161.50M
'24 Q3
24-11-01
▲6.5%
$872.71M
$231.40M
'24 Q4
25-02-12
▲3.9%
$661.71M
$121.00M
'25 Q1
25-05-06
▲8.9%
$771.33M
$147.00M
'25 Q2
25-08-21
▲8%
$799.89M
$148.92M
'25 Q3
25-11-04
▲6.8%
$932.36M
$225.71M
'25 Q4
26-02-12
▲91.5%
$1.27B
−$72.00M
'26 Q1
26-05-05
LATEST
▲113.3%
$1.65B
−$136.00M
'26 Q2
26-08-04
Earnings call
FY26 · Q2
2026-08-04
Waters Corp /De/ Q2 FY2026 Earnings Call
Confident tone
Analytical sciences division performance
China and DRG headwinds
Diagnostics replacement opportunity (FXi)
Revenue
$1.65B
▲ 113.3% YoY Diluted EPS
$-1.39
▼ 156.3% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY26 · Q1
2026-05-05
Waters Corp /De/ Q1 FY2026 Earnings Call
Confident tone
Organic revenue growth and guidance outperformance
China market dynamics and localization
Analytical Sciences / instrument replacement cycle
Revenue
$1.27B
▲ 91.5% YoY Diluted EPS
$-0.87
▼ 142.9% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q4
2026-02-12
Waters Corp /De/ Q4 FY2025 Earnings Call
Confident tone
Chemistry and recurring revenue growth
BD Biosciences & Diagnostic Solutions acquisition
2026 guidance and margin expansion
Revenue
$932.36M
▲ 6.8% YoY Diluted EPS
$3.77
▼ 2.8% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY25 · Q3
2025-11-04
Waters Corp /De/ Q3 FY2025 Earnings Call
Revenue
$799.89M
▲ 8% YoY Diluted EPS
$2.50
▼ 7.7% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q2
2025-08-21
Waters Corp /De/ Q2 FY2025 Earnings Call
Revenue
$771.33M
▲ 8.9% YoY Diluted EPS
$2.47
▲ 2.9% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q1
2025-05-06
Waters Corp /De/ Q1 FY2025 Earnings Call
Revenue
$661.71M
▲ 3.9% YoY Diluted EPS
$2.03
▲ 18% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q4
2025-02-12
Waters Corp /De/ Q4 FY2024 Earnings Call
Revenue
$872.71M
▲ 6.5% YoY Diluted EPS
$3.88
▲ 6.3% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY24 · Q3
2024-11-01
Waters Corp /De/ Q3 FY2024 Earnings Call
Revenue
$740.30M
▲ 4% YoY Diluted EPS
$2.71
▲ 19.4% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q2
2024-07-31
Waters Corp /De/ Q2 FY2024 Earnings Call
Revenue
$708.53M
▼ 4.3% YoY Diluted EPS
$2.40
▼ 5.9% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q1
2024-05-07
Waters Corp /De/ Q1 FY2024 Earnings Call
Revenue
$636.84M
▼ 7% YoY Diluted EPS
$1.72
▼ 27.7% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q4
2024-02-06
Waters Corp /De/ Q4 FY2023 Earnings Call
Revenue
$819.47M
▼ 4.5% YoY Diluted EPS
$3.65
▼ 4.2% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY23 · Q3
2023-11-07
Waters Corp /De/ Q3 FY2023 Earnings Call
Revenue
$711.69M
▲ 0.4% YoY Diluted EPS
$2.27
▼ 12.7% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q2
2023-08-02
Waters Corp /De/ Q2 FY2023 Earnings Call
Revenue
$740.58M
▲ 3.7% YoY Diluted EPS
$2.55
▼ 6.2% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q1
2023-05-09
Waters Corp /De/ Q1 FY2023 Earnings Call
Revenue
$684.67M
▼ 0.9% YoY Diluted EPS
$2.38
▼ 9.2% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q4
2023-02-15
Waters Corp /De/ Q4 FY2022 Earnings Call
Revenue
$858.51M
▲ 2.6% YoY Diluted EPS
$3.81
▲ 8.2% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY22 · Q3
2022-11-01
Waters Corp /De/ Q3 FY2022 Earnings Call
Revenue
$708.55M
▲ 7.5% YoY Diluted EPS
$2.60
▲ 0% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q2
2022-08-02
Waters Corp /De/ Q2 FY2022 Earnings Call
Revenue
$714.32M
▲ 4.8% YoY Diluted EPS
$2.72
▲ 1.1% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q1
2022-05-03
Waters Corp /De/ Q1 FY2022 Earnings Call
Revenue
$690.57M
▲ 13.5% YoY Diluted EPS
$2.62
▲ 10.5% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q4
2022-02-01
Waters Corp /De/ Q4 FY2021 Earnings Call
Revenue
$836.45M
▲ 6.3% YoY Diluted EPS
$3.52
▲ 0.9% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY21 · Q3
2021-11-02
Waters Corp /De/ Q3 FY2021 Earnings Call
Revenue
$659.23M
▲ 11% YoY Diluted EPS
$2.60
▲ 28.1% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q2
2021-08-03
Waters Corp /De/ Q2 FY2021 Earnings Call
Revenue
$681.65M
▲ 31.1% YoY Diluted EPS
$2.69
▲ 35.9% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q1
2021-05-05
Waters Corp /De/ Q1 FY2021 Earnings Call
Revenue
$608.54M
▲ 30.9% YoY Diluted EPS
$2.37
▲ 175.6% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q4
2021-02-02
Waters Corp /De/ Q4 FY2020 Earnings Call
Revenue
$786.66M
▲ 9.8% YoY Diluted EPS
$3.49
▲ 11.9% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY20 · Q3
2020-10-27
Waters Corp /De/ Q3 FY2020 Earnings Call
Revenue
$593.78M
▲ 2.9% YoY Diluted EPS
$2.03
▼ 1.9% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q2
2020-07-28
Waters Corp /De/ Q2 FY2020 Earnings Call
Revenue
$519.98M
▼ 13.2% YoY Diluted EPS
$1.98
▼ 4.8% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q1
2020-04-28
Waters Corp /De/ Q1 FY2020 Earnings Call
Revenue
$464.94M
▼ 9.5% YoY Diluted EPS
$0.86
▼ 43% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY19 · Q4
2020-02-04
Waters Corp /De/ Q4 FY2019 Earnings Call
Revenue
$716.29M
▲ 0.2% YoY Diluted EPS
$3.12
▲ 26.8% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Showing 1–27 of 27 earnings calls
Key facts
CIK
1000697
CUSIP
941848103
13F (30d)
1025 filings
995 filers
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