
Waters (WAT) reported earnings 30 days ago. What's next for the stock?
Waters Corporation is a publicly traded Analytical Laboratory instrument and software company headquartered in Milford, Massachusetts.
| Revenue (TTM) | $4.64B |
| Gross Profit (TTM) | $2.62B |
| EBITDA | $1.45B |
| Operating Margin | 9.42% |
| Return on Equity | 1.92% |
| Return on Assets | 3.56% |
| Revenue/Share (TTM) | $62.10 |
| Book Value | $154.70 |
| Price-to-Book | 2.67 |
| Price-to-Sales (TTM) | 8.65 |
| EV/Revenue | 9.8 |
| EV/EBITDA | 47.04 |
| Quarterly Earnings Growth (YoY) | -3.10% |
| Quarterly Revenue Growth (YoY) | 113.40% |
| Shares Outstanding | $98.19M |
| Float | $98.06M |
| % Insiders | 0.10% |
| % Institutions | 102.38% |
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Waters (WAT) reported earnings 30 days ago. What's next for the stock?

MILFORD, Mass., Aug. 26, 2026 /PRNewswire/ -- Waters Corporation (NYSE: WAT) announced that Udit Batra, Ph.D.

Invesco Discovery Mid Cap Growth Fund had a positive return and outperformed its benchmark in the second quarter. The fund was underweight in the communication services, health care and consumer discretionary sectors. Strong stock selection and an overweight in IT added to relative return. Weakness in energy partially offset the favorable results.

WAT tops Q2 estimates, raises its 2026 outlook and posts broad-based growth across organic and acquired businesses.

Waters Corporation (WAT) Q2 2026 Earnings Call Transcript

Waters (WAT) came out with quarterly earnings of $3.05 per share, beating the Zacks Consensus Estimate of $3.01 per share. This compares to earnings of $2.95 per share a year ago.

Second Quarter 2026 Highlights Total reported revenue of $1.645 billion surpassed the high end of the guidance range, driven by broad-based outperformance across both organic revenue and the acquired businesses. Organic revenue of $828 million grew 7% as reported and 9% in constant currency; the Analytical Sciences Division (ASD) delivered 8% instrument growth and double-digit chemistry consumables growth, led by low-double-digit growth in both Pharma and A&G end markets, in constant currency, as the market recovery has entered a broader phase, expanding across additional customer segments.

The top five contributors for the quarter were MKS, Amphenol, Arista Networks, Bio-Techne, and Waters. The bottom five detractors for the quarter were Ross Stores, Arch Capital, Copart, Gartner, and Brown & Brown. We purchased shares in Verisk Analytics, the dominant provider of data and analytics to property and casualty insurers in the U.S.

Waters (WAT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Waters (WAT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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