# Waters Corporation (WAT) FY2026 Q2 P&L / Income Statement - Company: Waters Corporation (WAT) - Period: 2026-04-05 to 2026-07-04 - Filing: Q2 FY2026 10-Q, filed 2026-08-11, accession number 0001193125-26-344691 - Page: https://plicit.ai/financials/wat/fy2026-q2-income-statement - Chart image: https://plicit.ai/charts/wat-fy2026-q2-income-statement-sankey.png ## Chart details: Revenue by Product and Service by Timing of Transfer Income statement for 2026-04-05 through 2026-07-04. 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 revenues**: 1,645,000,000 US dollars - **Cost of revenue (calculated)**: 911,000,000 US dollars - **Gross profit (calculated)**: 734,000,000 US dollars - **Operating expenses (calculated)**: 820,000,000 US dollars - **Operating (loss) income**: negative 86,000,000 US dollars - **Other income (expense), net (calculated)**: negative 55,000,000 US dollars - **(Loss) income before income taxes**: negative 141,000,000 US dollars - **Benefit (provision) for income taxes**: negative 5,000,000 US dollars - **Net (loss) income**: negative 136,000,000 US dollars - **Service - Net revenues recognized at a point in time**: 120,000,000 US dollars - **Service - Net revenues recognized over time**: 305,000,000 US dollars - **Consumables - Net revenues recognized at a point in time**: 765,000,000 US dollars - **Instrument systems - Net revenues recognized at a point in time**: 455,000,000 US dollars - **Costs and operating expenses**: 911,000,000 US dollars - **Restructuring charges**: 49,000,000 US dollars - **Purchased intangibles amortization**: 244,000,000 US dollars - **Research and development expenses**: 122,000,000 US dollars - **Selling and administrative expenses**: 405,000,000 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 Business Segment - Page: https://plicit.ai/financials/wat/fy2026-q2-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/wat-fy2026-q2-revenue-by-business-segment-sankey.png Income statement for 2026-04-05 through 2026-07-04. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total net revenues**: 1,645,000,000 US dollars - **Cost of revenue (calculated)**: 911,000,000 US dollars - **Gross profit (calculated)**: 734,000,000 US dollars - **Operating expenses (calculated)**: 820,000,000 US dollars - **Operating (loss) income**: negative 86,000,000 US dollars - **Other income (expense), net (calculated)**: negative 55,000,000 US dollars - **(Loss) income before income taxes**: negative 141,000,000 US dollars - **Benefit (provision) for income taxes**: negative 5,000,000 US dollars - **Net (loss) income**: negative 136,000,000 US dollars - **Waters Analytical & Material Sciences**: 756,000,000 US dollars - **Waters Biosciences**: 368,000,000 US dollars - **Waters Advanced Diagnostics**: 521,000,000 US dollars - **Costs and operating expenses**: 911,000,000 US dollars - **Restructuring charges**: 49,000,000 US dollars - **Purchased intangibles amortization**: 244,000,000 US dollars - **Research and development expenses**: 122,000,000 US dollars - **Selling and administrative expenses**: 405,000,000 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/fy2026-q2-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/wat-fy2026-q2-revenue-by-geography-sankey.png Income statement for 2026-04-05 through 2026-07-04. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total net revenues**: 1,645,000,000 US dollars - **Cost of revenue (calculated)**: 911,000,000 US dollars - **Gross profit (calculated)**: 734,000,000 US dollars - **Operating expenses (calculated)**: 820,000,000 US dollars - **Operating (loss) income**: negative 86,000,000 US dollars - **Other income (expense), net (calculated)**: negative 55,000,000 US dollars - **(Loss) income before income taxes**: negative 141,000,000 US dollars - **Benefit (provision) for income taxes**: negative 5,000,000 US dollars - **Net (loss) income**: negative 136,000,000 US dollars - **CHINA**: 206,000,000 US dollars - **Asia Other**: 244,000,000 US dollars - **UNITED STATES**: 570,000,000 US dollars - **Americas Other**: 120,000,000 US dollars - **Europe**: 505,000,000 US dollars - **Costs and operating expenses**: 911,000,000 US dollars - **Restructuring charges**: 49,000,000 US dollars - **Purchased intangibles amortization**: 244,000,000 US dollars - **Research and development expenses**: 122,000,000 US dollars - **Selling and administrative expenses**: 405,000,000 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/fy2026-q2-income-statement/revenue-by-product-and-service-2-categories - Chart image: https://plicit.ai/charts/wat-fy2026-q2-revenue-by-product-and-service-2-categories-sankey.png Income statement for 2026-04-05 through 2026-07-04. View: Product and service (2 categories). Revenue and costs use their disclosed categories. - **Total net revenues**: 1,645,000,000 US dollars - **Cost of revenue (calculated)**: 911,000,000 US dollars - **Gross profit (calculated)**: 734,000,000 US dollars - **Operating expenses (calculated)**: 820,000,000 US dollars - **Operating (loss) income**: negative 86,000,000 US dollars - **Other income (expense), net (calculated)**: negative 55,000,000 US dollars - **(Loss) income before income taxes**: negative 141,000,000 US dollars - **Benefit (provision) for income taxes**: negative 5,000,000 US dollars - **Net (loss) income**: negative 136,000,000 US dollars - **Product revenue**: 1,220,000,000 US dollars - **Service revenue**: 425,000,000 US dollars - **Product cost of revenue**: 700,000,000 US dollars - **Service cost of revenue**: 211,000,000 US dollars - **Restructuring charges**: 49,000,000 US dollars - **Purchased intangibles amortization**: 244,000,000 US dollars - **Research and development expenses**: 122,000,000 US dollars - **Selling and administrative expenses**: 405,000,000 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 (3 categories) - Page: https://plicit.ai/financials/wat/fy2026-q2-income-statement/revenue-by-product-and-service-3-categories - Chart image: https://plicit.ai/charts/wat-fy2026-q2-revenue-by-product-and-service-3-categories-sankey.png Income statement for 2026-04-05 through 2026-07-04. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total net revenues**: 1,645,000,000 US dollars - **Cost of revenue (calculated)**: 911,000,000 US dollars - **Gross profit (calculated)**: 734,000,000 US dollars - **Operating expenses (calculated)**: 820,000,000 US dollars - **Operating (loss) income**: negative 86,000,000 US dollars - **Other income (expense), net (calculated)**: negative 55,000,000 US dollars - **(Loss) income before income taxes**: negative 141,000,000 US dollars - **Benefit (provision) for income taxes**: negative 5,000,000 US dollars - **Net (loss) income**: negative 136,000,000 US dollars - **Instrument systems**: 455,000,000 US dollars - **Consumables**: 765,000,000 US dollars - **Service**: 425,000,000 US dollars - **Costs and operating expenses**: 911,000,000 US dollars - **Restructuring charges**: 49,000,000 US dollars - **Purchased intangibles amortization**: 244,000,000 US dollars - **Research and development expenses**: 122,000,000 US dollars - **Selling and administrative expenses**: 405,000,000 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.