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Waters

Waters (NYSE: WAT) revenue

Waters reported revenue of $3,165m for fiscal 2025, 7.0% more than in fiscal 2024 ($2,958m). Since fiscal 2016 its revenue has grown by 46.0%, an average growth of 4.3% a year.

Revenue, in millions of US dollars2,16720162,30920172,42020182,40720192,36520202,78620212,97220222,95620232,95820243,1652025

Revenue by fiscal year

Fiscal yearRevenueChangeOperating profitOperating margin
2025$3,165m+7.0%$802.6m25.4%
2024$2,958m+0.1%$826.4m27.9%
2023$2,956m−0.5%$817.7m27.7%
2022$2,972m+6.7%$873.4m29.4%
2021$2,786m+17.8%$821.7m29.5%
2020$2,365m−1.7%$645.5m27.3%
2019$2,407m−0.6%$708.5m29.4%
2018$2,420m+4.8%$739.8m30.6%
2017$2,309m+6.5%$662.2m28.7%
2016$2,167m—$625.0m28.8%

The change compares each fiscal year with the one before. Operating margin is operating profit over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.

Questions about the revenue of Waters

How much revenue did Waters make in fiscal 2025?
Waters reported revenue of $3,165m for fiscal 2025, compared with $2,958m in fiscal 2024.
How much has the revenue of Waters grown?
Between fiscal 2016 and fiscal 2025 it went from $2,167m to $3,165m: 46.0% more, an average growth of 4.3% a year.
What was the best year for revenue at Waters?
Of its last 10 fiscal years, fiscal 2025, with $3,165m.
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 · net income · 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.