Waters (NYSE: WAT) net income
Waters reported a net profit of $642.6m for fiscal 2025, 0.8% more than in fiscal 2024 ($637.8m). Its net margin was 20.3%. Earnings per share were $10.80.
Net income by fiscal year
| Fiscal year | Net income | Change | Net margin | Earnings per share |
|---|---|---|---|---|
| 2025 | $642.6m | +0.8% | 20.3% | $10.80 |
| 2024 | $637.8m | −0.7% | 21.6% | $10.75 |
| 2023 | $642.2m | −9.3% | 21.7% | $10.87 |
| 2022 | $707.8m | +2.2% | 23.8% | $11.80 |
| 2021 | $692.8m | +32.8% | 24.9% | $11.25 |
| 2020 | $521.6m | −11.9% | 22.1% | $8.40 |
| 2019 | $592.2m | −0.3% | 24.6% | $8.76 |
| 2018 | $593.8m | +2,823.5% | 24.5% | $7.71 |
| 2017 | $20.3m | −96.1% | 0.9% | $0.25 |
| 2016 | $521.5m | — | 24.1% | $6.46 |
The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.
Questions about the net income of Waters
- How much did Waters earn in fiscal 2025?
- Waters reported a net profit of $642.6m for fiscal 2025. In fiscal 2024 it reported a net profit of $637.8m.
- What are the earnings per share of Waters?
- They were $10.80 in fiscal 2025, compared with $10.75 in fiscal 2024.
- What is the net margin of Waters?
- In fiscal 2025 its net profit was 20.3% of its revenue.
- What was the most profitable year for Waters?
- Of its last 10 fiscal years, fiscal 2022, with $707.8m.
- Where do the figures for Waters come from?
- From the annual report (Form 10-K) that Waters files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
From the annual report (Form 10-K) that Waters files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Waters: the Waters page · annual accounts · revenue · insider transactions.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.