# Waters Corporation (WAT) FY2025 Q1 P&L / Income Statement - Company: Waters Corporation (WAT) - Period: 2025-01-01 to 2025-03-29 - Filing: Q1 FY2025 10-Q, filed 2025-05-06, accession number 0001193125-25-113274 - Page: https://plicit.ai/financials/wat/fy2025-q1-income-statement - Chart image: https://plicit.ai/charts/wat-fy2025-q1-income-statement-sankey.png ## Chart details: Revenue by Product and Service (5 categories) Income statement for 2025-01-01 through 2025-03-29. View: Product and service (5 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total net sales**: 661,705,000 US dollars - **Cost of revenue (calculated)**: 276,745,000 US dollars - **Gross profit (calculated)**: 384,960,000 US dollars - **Operating expenses (calculated)**: 233,215,000 US dollars - **Operating income**: 151,745,000 US dollars - **Other income (expense), net (calculated)**: negative 8,857,000 US dollars - **Income before income taxes**: 142,888,000 US dollars - **Provision for income taxes**: 21,507,000 US dollars - **Net income**: 121,381,000 US dollars - **Waters Instrument Systems**: 212,395,000 US dollars - **Chemistry Consumables**: 137,637,000 US dollars - **TA Instrument Systems**: 50,498,000 US dollars - **Waters Service**: 237,265,000 US dollars - **TA Service**: 23,910,000 US dollars - **Costs and operating expenses**: 276,745,000 US dollars - **Selling and administrative expenses**: 174,881,000 US dollars - **Research and development expenses**: 46,622,000 US dollars - **Litigation provision**: 0 US dollars - **Purchased intangibles amortization**: 11,712,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Product and Service (2 categories) - Page: https://plicit.ai/financials/wat/fy2025-q1-income-statement/revenue-by-product-and-service-2-categories - Chart image: https://plicit.ai/charts/wat-fy2025-q1-revenue-by-product-and-service-2-categories-sankey.png Income statement for 2025-01-01 through 2025-03-29. View: Product and service (2 categories). Revenue and costs use their disclosed categories. - **Total net sales**: 661,705,000 US dollars - **Cost of revenue (calculated)**: 276,745,000 US dollars - **Gross profit (calculated)**: 384,960,000 US dollars - **Operating expenses (calculated)**: 233,215,000 US dollars - **Operating income**: 151,745,000 US dollars - **Other income (expense), net (calculated)**: negative 8,857,000 US dollars - **Income before income taxes**: 142,888,000 US dollars - **Provision for income taxes**: 21,507,000 US dollars - **Net income**: 121,381,000 US dollars - **Product revenue**: 400,530,000 US dollars - **Service revenue**: 261,175,000 US dollars - **Product cost of revenue**: 168,559,000 US dollars - **Service cost of revenue**: 108,186,000 US dollars - **Selling and administrative expenses**: 174,881,000 US dollars - **Research and development expenses**: 46,622,000 US dollars - **Litigation provision**: 0 US dollars - **Purchased intangibles amortization**: 11,712,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Geography - Page: https://plicit.ai/financials/wat/fy2025-q1-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/wat-fy2025-q1-revenue-by-geography-sankey.png Income statement for 2025-01-01 through 2025-03-29. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total net sales**: 661,705,000 US dollars - **Cost of revenue (calculated)**: 276,745,000 US dollars - **Gross profit (calculated)**: 384,960,000 US dollars - **Operating expenses (calculated)**: 233,215,000 US dollars - **Operating income**: 151,745,000 US dollars - **Other income (expense), net (calculated)**: negative 8,857,000 US dollars - **Income before income taxes**: 142,888,000 US dollars - **Provision for income taxes**: 21,507,000 US dollars - **Net income**: 121,381,000 US dollars - **CHINA**: 90,873,000 US dollars - **Asia Other**: 129,903,000 US dollars - **UNITED STATES**: 215,259,000 US dollars - **Americas Other**: 40,278,000 US dollars - **Europe**: 185,392,000 US dollars - **Costs and operating expenses**: 276,745,000 US dollars - **Selling and administrative expenses**: 174,881,000 US dollars - **Research and development expenses**: 46,622,000 US dollars - **Litigation provision**: 0 US dollars - **Purchased intangibles amortization**: 11,712,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Customer - Page: https://plicit.ai/financials/wat/fy2025-q1-income-statement/revenue-by-customer - Chart image: https://plicit.ai/charts/wat-fy2025-q1-revenue-by-customer-sankey.png Income statement for 2025-01-01 through 2025-03-29. View: Customer. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total net sales**: 661,705,000 US dollars - **Cost of revenue (calculated)**: 276,745,000 US dollars - **Gross profit (calculated)**: 384,960,000 US dollars - **Operating expenses (calculated)**: 233,215,000 US dollars - **Operating income**: 151,745,000 US dollars - **Other income (expense), net (calculated)**: negative 8,857,000 US dollars - **Income before income taxes**: 142,888,000 US dollars - **Provision for income taxes**: 21,507,000 US dollars - **Net income**: 121,381,000 US dollars - **Pharmaceutical**: 391,051,000 US dollars - **Industrial**: 203,365,000 US dollars - **Academic and government**: 67,289,000 US dollars - **Costs and operating expenses**: 276,745,000 US dollars - **Selling and administrative expenses**: 174,881,000 US dollars - **Research and development expenses**: 46,622,000 US dollars - **Litigation provision**: 0 US dollars - **Purchased intangibles amortization**: 11,712,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Product and Service by Timing of Transfer - Page: https://plicit.ai/financials/wat/fy2025-q1-income-statement/revenue-by-product-and-service-by-timing-of-transfer - Chart image: https://plicit.ai/charts/wat-fy2025-q1-revenue-by-product-and-service-by-timing-of-transfer-sankey.png Income statement for 2025-01-01 through 2025-03-29. View: Product and Service by Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total net sales**: 661,705,000 US dollars - **Cost of revenue (calculated)**: 276,745,000 US dollars - **Gross profit (calculated)**: 384,960,000 US dollars - **Operating expenses (calculated)**: 233,215,000 US dollars - **Operating income**: 151,745,000 US dollars - **Other income (expense), net (calculated)**: negative 8,857,000 US dollars - **Income before income taxes**: 142,888,000 US dollars - **Provision for income taxes**: 21,507,000 US dollars - **Net income**: 121,381,000 US dollars - **Service - Net Sales Recognized at a Point in Time**: 80,968,000 US dollars - **Service - Net Sales Recognized Over Time**: 180,207,000 US dollars - **Chemistry Consumables - Net Sales Recognized at a Point in Time**: 137,637,000 US dollars - **Instrument Systems - Net Sales Recognized at a Point in Time**: 262,893,000 US dollars - **Costs and operating expenses**: 276,745,000 US dollars - **Selling and administrative expenses**: 174,881,000 US dollars - **Research and development expenses**: 46,622,000 US dollars - **Litigation provision**: 0 US dollars - **Purchased intangibles amortization**: 11,712,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Product and Service (4 categories) - Page: https://plicit.ai/financials/wat/fy2025-q1-income-statement/revenue-by-product-and-service-4-categories - Chart image: https://plicit.ai/charts/wat-fy2025-q1-revenue-by-product-and-service-4-categories-sankey.png Income statement for 2025-01-01 through 2025-03-29. View: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total net sales**: 661,705,000 US dollars - **Cost of revenue (calculated)**: 276,745,000 US dollars - **Gross profit (calculated)**: 384,960,000 US dollars - **Operating expenses (calculated)**: 233,215,000 US dollars - **Operating income**: 151,745,000 US dollars - **Other income (expense), net (calculated)**: negative 8,857,000 US dollars - **Income before income taxes**: 142,888,000 US dollars - **Provision for income taxes**: 21,507,000 US dollars - **Net income**: 121,381,000 US dollars - **Chemistry Consumables**: 137,637,000 US dollars - **Service**: 261,175,000 US dollars - **TA Instrument Systems**: 50,498,000 US dollars - **Waters Instrument Systems**: 212,395,000 US dollars - **Costs and operating expenses**: 276,745,000 US dollars - **Selling and administrative expenses**: 174,881,000 US dollars - **Research and development expenses**: 46,622,000 US dollars - **Litigation provision**: 0 US dollars - **Purchased intangibles amortization**: 11,712,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.