Waters Corporation makes analytical laboratory instruments and software, notably liquid chromatography, mass spectrometry and thermal analysis systems. Pharmaceutical, life-science, food-safety and materials laboratories use its tools to identify and quantify chemical compounds. High-end separation science hardware plus consumables and application support form a recurring, specialist B2B franchise.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 771 | — | 147 | -7% |
| Q3 2025 | 799.9 | — | 148.9 | -14.4% |
| Q4 2025 | 932.4 | — | 225.2 | -7.5% |
| Q1 2026 | 1,267 | — | -72 | -153.9% |
| Q2 2026 | 1,645 | 113.4% | -136 | -192.5% |
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