FN2 Earnings Intelligence
Waters Corporation balance sheet (quarterly)
Waters Corporation (WAT) Balance Sheet (quarterly) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 9/28/2024 | 3/29/2025 | 6/28/2025 | 9/27/2025 | 4/4/2026 | 7/4/2026 est. | 10/4/2026 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $330.5 | $382.9 | $367.2 | $459.1 | $462 | - | - |
| + Debt | $1,826.2 | $1,456.7 | $1,457 | $1,407.2 | $5,215 | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $740.3 | $661.7 | $771.3 | $799.9 | $1,267 | $1,622.3 | $1,751.2 |
| % Growth | - | - | - | - | - | 110.3% | 118.9% |
| Gross Profit | $546.9 | $493.1 | $570.8 | $589.3 | $743 | - | - |
| % Margin | 73.9% | 74.5% | 74.0% | 73.7% | 58.6% | - | - |
| EBITDA | - | $173.5 | - | - | -$11 | - | - |
| % Margin | - | 26.2% | - | - | -0.9% | - | - |
| Net Income | $161.5 | $121.4 | $147.1 | $148.9 | -$72 | - | - |
| % Margin | 21.8% | 18.3% | 19.1% | 18.6% | -5.7% | - | - |
| Diluted EPS | $2.71 | $2.03 | $2.47 | $2.50 | -$0.87 | $3.01 | $3.99 |
| % Growth | - | - | - | - | - | 21.8% | 59.7% |
| Operating Cash Flow | - | $259.6 | - | - | -$3 | - | - |
| CapEx | - | - | - | - | $39 | - | - |
| Free Cash Flow | - | - | - | - | -$42 | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 9/28/2024 | 3/29/2025 | 6/28/2025 | 9/27/2025 | 4/4/2026 | 7/4/2026 est. | 10/4/2026 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $740.3 | $661.7 | $771.3 | $799.9 | $1,267 | $1,622.3 | $1,751.2 |
| Gross Profit | $546.9 | $493.1 | $570.8 | $589.3 | $743 | - | - |
| EBITDA | - | $173.5 | - | - | -$11 | - | - |
| Net Income | $161.5 | $121.4 | $147.1 | $148.9 | -$72 | - | - |
| Diluted EPS | $2.71 | $2.03 | $2.47 | $2.50 | -$0.87 | $3.01 | $3.99 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 9/28/2024 | 3/29/2025 | 6/28/2025 | 9/27/2025 | 4/4/2026 |
|---|---|---|---|---|---|
| Cash & Equivalents | $330.5 | $382.9 | $367.2 | $459.1 | $462 |
| Short-term Debt | $0 | $100 | $260 | $460 | $360 |
| Long-term Debt | $1,826.2 | $1,356.7 | $1,197 | $947.2 | $4,855 |
| Total Debt | $1,826.2 | $1,456.7 | $1,457 | $1,407.2 | $5,215 |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 9/28/2024 | 3/29/2025 | 6/28/2025 | 9/27/2025 | 4/4/2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | $259.6 | - | - | -$3 |
| Capital Expenditure | - | - | - | - | $39 |
| Free Cash Flow | - | - | - | - | -$42 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 9/28/2024 | 3/29/2025 | 6/28/2025 | 9/27/2025 | 4/4/2026 |
|---|---|---|---|---|---|
| Revenue Growth | - | - | - | - | - |
| Gross Margin | 73.9% | 74.5% | 74.0% | 73.7% | 58.6% |
| EBITDA Margin | - | 26.2% | - | - | -0.9% |
| Net Margin | 21.8% | 18.3% | 19.1% | 18.6% | -5.7% |
| FCF Margin | - | - | - | - | -3.3% |
| Diluted EPS Growth | - | - | - | - | - |