Net Income for Waters Corporation (WAT)
According to Waters Corporation's latest reported financial statements, the company's current net income (TTM) is $642.63M USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$642.63M
YoY change
+0.8%
5Y CAGR
+4.3%
Peak year (2022)
$707.75M
Cumulative net income
$10.53B
Net Income history chart for Waters Corporation (WAT) from 1995 to 2025
Net Income history table for Waters Corporation (WAT) from 1995 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $642.63M | +0.8% | ||
| 2024 | $637.83M | -0.7% | ||
| 2023 | $642.23M | -9.3% | ||
| 2022 | $707.75M | +2.2% | ||
| 2021 | $692.84M | +32.8% | ||
| 2020 | $521.57M | -11.9% | ||
| 2019 | $592.20M | -0.3% | ||
| 2018 | $593.79M | +2823.5% | ||
| 2017 | $20.31M | -96.1% | ||
| 2016 | $521.50M | +11.2% | ||
| 2015 | $469.05M | +8.7% | ||
| 2014 | $431.62M | -4.1% | ||
| 2013 | $450.00M | -2.5% | ||
| 2012 | $461.44M | +6.6% | ||
| 2011 | $432.97M | +13.4% | ||
| 2010 | $381.76M | +18.1% | ||
| 2009 | $323.31M | +0.3% | ||
| 2008 | $322.48M | +20.3% | ||
| 2007 | $268.07M | +20.6% | ||
| 2006 | $222.20M | +10.0% | ||
| 2005 | $201.97M | -9.9% | ||
| 2004 | $224.05M | +31.1% | ||
| 2003 | $170.89M | +15.7% | ||
| 2002 | $147.71M | +29.0% | ||
| 2001 | $114.54M | -21.2% | ||
| 2000 | $145.34M | +18.8% | ||
| 1999 | $122.30M | +64.4% | ||
| 1998 | $74.40M | -996.4% | ||
| 1997 | -$8.30M | +245.8% | ||
| 1996 | -$2.40M | -220.0% | ||
| 1995 | $2.00M | — |
Net Income values are taken from Waters Corporation's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Waters Corporation (WAT) reported net income of $642.63M – edged up 0.8% year-over-year.
Waters Corporation net income has recorded the values shown across consecutive periods, with a +4.3% compound annual growth rate over 2020–2025 (5 years).
Between 2022 and 2025, Waters Corporation net income declined 9.2%, falling from $707.75M to $642.63M.
$707.75M stands as the all-time-high annual net income, posted in 2022, against a low of -$8.30M during 1997.
Among 8 Healthcare peers, Waters Corporation (WAT) ranks 9th; the peer median for net income is $15.15B.
Waters Corporation Net Income by Year
Waters Corporation Net Income 2025: $642.63M
Waters Corporation net income in 2025 was $642.63M, edged up 0.8% from 2024.
Waters Corporation Net Income 2024: $637.83M
Waters Corporation net income in 2024 was $637.83M, edged down 0.7% below 2023.
Waters Corporation Net Income 2023: $642.23M
Waters Corporation net income in 2023 was $642.23M, declined 9.3% below 2022.
Waters Corporation Net Income 2022: $707.75M
Waters Corporation net income in 2022 was $707.75M, edged up 2.2% from 2021. This figure represents the highest annual value in the available history.
Waters Corporation Net Income 2021: $692.84M
Waters Corporation net income in 2021 was $692.84M.
See more financial history for Waters Corporation (WAT).
Sector peers — Net Income
Companies in the same sector as Waters Corporation, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Novo Nordisk A/S (NVO) | $102.43B | Healthcare |
| Johnson & Johnson (JNJ) | $26.80B | Healthcare |
| Eli Lilly and Company (LLY) | $20.64B | Healthcare |
| Merck & Co., Inc. (MRK) | $18.25B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | $12.06B | Healthcare |
| AstraZeneca PLC (AZN) | $10.26B | Healthcare |
| Amgen Inc. (AMGN) | $7.71B | Healthcare |
| AbbVie Inc. (ABBV) | $4.23B | Healthcare |
Frequently asked questions
What is Waters Corporation's net income?
- Latest reported net income for Waters Corporation (WAT) is $642.63M (period ending December 31, 2025).
How has Waters Corporation net income changed year-over-year?
- Waters Corporation (WAT) net income changed +0.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Waters Corporation net income?
- Waters Corporation (WAT) net income compound annual growth rate is +4.3% over the most recent 5 years available.
When did Waters Corporation net income hit its highest annual value?
- Waters Corporation net income reached its highest annual value of $707.75M in 2022.
What was Waters Corporation net income in 2024?
- Waters Corporation (WAT) net income in 2024 was $637.83M.
What was Waters Corporation net income in 2025?
- Waters Corporation (WAT) net income in 2025 was $642.63M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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