Waters (WAT) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jul 4, 2026
- EPS actual
- $3.05
- EPS estimate
- $3.01
- EPS surprise
- +1.32%
- Revenue surprise
- +1.40%
- Revenue
- $1.6B
- Revenue estimate
- $1.6B
- Reported
- Aug 4, 2026
Waters reported Q2 2026 results on August 4, 2026. Earnings per share came in at $3.05, ahead of the $3.01 estimate by 1.32%. Revenue was $1.6 billion, 1.40% above the consensus estimate. Compared with Q2 2025, EPS rose about 3% from $2.95, while revenue was roughly double the $771.3 million of a year earlier.
Revenue is the biggest change in the table. Through 2025, quarterly revenue stayed between about $637 million and $932 million. It rose to $1.3 billion in Q1 2026 and $1.6 billion in Q2 2026, the highest here. EPS grew far less: the first half of 2026 adds up to $5.75 per share, about 11% more than a year earlier. Annual EPS hovered near $12 from 2022 to 2024, then rose about 11% to $13.13 in 2025. The fourth quarter has been the strongest of each year, and Q4 2025 set the EPS high at $4.53. Waters beat the EPS estimate in 19 of the last 20 quarters, missing only in Q1 2023.
Waters reported Q3 between November 1 and November 7 in each of the past five years. That points to early November 2026 for the next report. It will show whether revenue holds at the higher level.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 4, 2026 | $3.01 | $3.05 | +1.32% | $1.6B | SEC |
| Q1 2026 | May 5, 2026 | $2.31 | $2.70 | +17.06% | $1.3B | SEC |
| Q4 2025 | Feb 9, 2026 | $4.51 | $4.53 | +0.45% | $932.4M | SEC |
| Q3 2025 | Nov 4, 2025 | $3.21 | $3.40 | +5.99% | $799.9M | SEC |
| Q2 2025 | Aug 4, 2025 | $2.94 | $2.95 | +0.32% | $771.3M | SEC |
| Q1 2025 | May 6, 2025 | $2.22 | $2.25 | +1.24% | $661.7M | SEC |
| Q4 2024 | Feb 12, 2025 | $4.03 | $4.10 | +1.70% | $872.7M | SEC |
| Q3 2024 | Nov 1, 2024 | $2.68 | $2.93 | +9.45% | $740.3M | SEC |
| Q2 2024 | Jul 31, 2024 | $2.57 | $2.63 | +2.21% | $708.5M | SEC |
| Q1 2024 | May 7, 2024 | $2.09 | $2.21 | +5.53% | $636.8M | SEC |
| Q4 2023 | Feb 6, 2024 | $3.55 | $3.62 | +1.86% | $819.5M | SEC |
| Q3 2023 | Nov 7, 2023 | $2.55 | $2.84 | +11.38% | $711.7M | SEC |
| Q2 2023 | Aug 2, 2023 | $2.59 | $2.80 | +8.27% | $740.6M | SEC |
| Q1 2023 | May 9, 2023 | $2.62 | $2.49 | −5.06% | $684.7M | SEC |
| Q4 2022 | Feb 15, 2023 | $3.74 | $3.84 | +2.69% | $858.5M | SEC |
| Q3 2022 | Nov 1, 2022 | $2.58 | $2.64 | +2.39% | $708.6M | SEC |
| Q2 2022 | Aug 2, 2022 | $2.66 | $2.75 | +3.23% | $714.3M | SEC |
| Q1 2022 | May 3, 2022 | $2.33 | $2.80 | +20.02% | $690.6M | SEC |
| Q4 2021 | Feb 1, 2022 | $3.48 | $3.67 | +5.37% | $836.4M | SEC |
| Q3 2021 | Nov 2, 2021 | $2.36 | $2.66 | +12.84% | $659.2M | SEC |
Quarterly revenue
Frequently asked questions
When did Waters (WAT) last report earnings?
Waters last reported on Aug 4, 2026, covering fiscal Q2 2026.
Did WAT beat earnings estimates?
Yes. Waters reported EPS of $3.05 for Q2 2026 against a $3.01 estimate — a 1.32% beat.
How much revenue did WAT report last quarter?
Waters reported $1.6B in revenue for Q2 2026, against a consensus estimate of $1.6B.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.
