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Companies/Waters Corporation
Company profile

Waters Corporation

NYSE: WAT · Healthcare · Medical - Diagnostics & Research
PublicHQ Milford, MA · WorcesterCIK 0001000697Reports USD
#83 of 1,394 Healthcare companies by revenuetop-decile growth
EA Score
81B+
FH 79DQ 87GM 69SS 94
v0.1 · 65/100 weight · provisional
↑ disclosure history, market scale · ↓ growth stability, Piotroski F
Methodology →
Revenue TTM
$3.8B
Rev growth YoY (TTM)
+26.4%
Net income (FY)
$642.6M
Employees
7,600
Market cap
$24.7B
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$3.2B$3.2B2025
Net income$642.6M$642.6M2025
Operating income$802.6M$802.6M2025
Total assets$5.1B$5.1B2025
Liabilities$2.5B$2.5B2025
Equity$2.6B$2.6B2025

Revenue trend

FY2024 – FY2025 · USD
$636.8M
FY24
$708.5M
FY24
$740.3M
FY24
$3.0B
FY24
$661.7M
FY25
$771.3M
FY25
$799.9M
FY25
$3.2B
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Waters Instrument Systems35%
Waters Service34%
Chemistry Consumables20%
Ta Instrument Systems8%
Ta Service3%
By geography
Americas37%
Asia Pacific33%
Europe30%
The read

Waters Corporation booked $3.2B in FY2025 revenue, growing 296% year over year — faster than 92% of Healthcare companies we track, at a 20.3% net margin.

Peers · Healthcare
Royalty Pharma plc72BInsmed Incorporated66BQuest Diagnostics Incorporated88AWest Pharmaceutical Services, Inc.86A
Neighbors
Worcester →
BJ's Wholesale Club Holdings, Inc.$21.5B70BThe Hanover Insurance Group, Inc.$6.6B82B+Kopin Corp.$39.3M61CAspen Aerogels, Inc.$271.1M43DPrecision Optics Corporation, Inc.$19.1M61CSideChannel, Inc.$7.4M48D
Key facts
CEOUdit Batra
SectorHealthcare
IndustryMedical - Diagnostics & Research
HeadquartersMilford, MA
ExchangeNYSE: WAT
Employees7,600
IPO date1995-11-17
Latest filings
8-K2026-05-2210-Q2026-05-128-K2026-05-05DEF 14A2026-04-098-K2026-03-238-K2026-03-1610-K2026-02-238-K2026-02-09
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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