Waters (WAT) Revenue & Revenue Breakdown
Waters Revenue Highlights
Latest Revenue (Y)
$2.96B
Latest Revenue (Q)
$708.53M
Main Segment (Y)
Product
Main Geography (Y)
Americas
Waters Revenue by Period
Waters Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $2.96B | -0.52% |
| 2022-12-31 | $2.97B | 6.68% |
| 2021-12-31 | $2.79B | 17.78% |
| 2020-12-31 | $2.37B | -1.71% |
| 2019-12-31 | $2.41B | -0.55% |
| 2018-12-31 | $2.42B | 4.80% |
| 2017-12-31 | $2.31B | 6.54% |
| 2016-12-31 | $2.17B | 6.12% |
| 2015-12-31 | $2.04B | 2.66% |
| 2014-12-31 | $1.99B | 4.47% |
| 2013-12-31 | $1.90B | 3.29% |
| 2012-12-31 | $1.84B | -0.41% |
| 2011-12-31 | $1.85B | 12.65% |
| 2010-12-31 | $1.64B | 9.65% |
| 2009-12-31 | $1.50B | -4.85% |
| 2008-12-31 | $1.58B | 6.93% |
| 2007-12-31 | $1.47B | 15.06% |
| 2006-12-31 | $1.28B | 10.53% |
| 2005-12-31 | $1.16B | 4.86% |
| 2004-12-31 | $1.10B | 15.27% |
| 2003-12-31 | $958.21M | 7.67% |
| 2002-12-31 | $889.97M | 3.58% |
| 2001-12-31 | $859.21M | 8.07% |
| 2000-12-31 | $795.07M | 12.87% |
| 1999-12-31 | $704.40M | 13.83% |
| 1998-12-31 | $618.80M | 32.93% |
| 1997-12-31 | $465.50M | 19.02% |
| 1996-12-31 | $391.10M | 17.45% |
| 1995-12-31 | $333.00M | - |
Waters generated $2.96B in revenue during NA 2023, up -0.52% compared to the previous quarter, and up 122.17% compared to the same period a year ago.
Waters Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-29 | $708.53M | 11.26% |
| 2024-03-30 | $636.84M | -22.29% |
| 2023-12-31 | $819.47M | 15.14% |
| 2023-09-30 | $711.69M | -3.90% |
| 2023-07-01 | $740.58M | 8.16% |
| 2023-04-01 | $684.67M | -20.25% |
| 2022-12-31 | $858.51M | 21.16% |
| 2022-10-01 | $708.55M | -0.81% |
| 2022-07-02 | $714.32M | 3.44% |
| 2022-04-02 | $690.57M | -17.44% |
| 2021-12-31 | $836.45M | 26.88% |
| 2021-10-02 | $659.23M | -3.29% |
| 2021-07-03 | $681.65M | 12.01% |
| 2021-04-03 | $608.54M | -22.64% |
| 2020-12-31 | $786.66M | 32.48% |
| 2020-09-26 | $593.78M | 14.19% |
| 2020-06-27 | $519.98M | 11.84% |
| 2020-03-28 | $464.94M | -35.09% |
| 2019-12-31 | $716.29M | 24.08% |
| 2019-09-28 | $577.28M | -3.65% |
| 2019-06-29 | $599.16M | 16.60% |
| 2019-03-30 | $513.86M | -28.13% |
| 2018-12-31 | $715.02M | 23.70% |
| 2018-09-29 | $578.02M | -3.05% |
| 2018-06-30 | $596.22M | 12.35% |
| 2018-03-31 | $530.67M | -22.79% |
| 2017-12-31 | $687.27M | 21.52% |
| 2017-09-30 | $565.58M | 1.31% |
| 2017-07-01 | $558.25M | 12.11% |
| 2017-04-01 | $497.97M | -20.80% |
| 2016-12-31 | $628.79M | 19.35% |
| 2016-10-01 | $526.83M | -1.81% |
| 2016-07-02 | $536.56M | 12.90% |
| 2016-04-02 | $475.25M | -18.98% |
| 2015-12-31 | $586.61M | 17.19% |
| 2015-10-03 | $500.58M | 1.18% |
| 2015-07-04 | $494.74M | 7.46% |
| 2015-04-04 | $460.40M | -21.15% |
| 2014-12-31 | $583.87M | 18.39% |
| 2014-09-27 | $493.17M | 2.36% |
| 2014-06-28 | $481.80M | 11.91% |
| 2014-03-29 | $430.51M | -23.86% |
| 2013-12-31 | $565.45M | 23.64% |
| 2013-09-28 | $457.32M | 1.37% |
| 2013-06-29 | $451.12M | 4.83% |
| 2013-03-30 | $430.34M | -17.52% |
| 2012-12-31 | $521.77M | 15.96% |
| 2012-09-29 | $449.95M | -0.34% |
| 2012-06-30 | $451.46M | 7.37% |
| 2012-03-31 | $420.46M | -19.36% |
| 2011-12-31 | $521.42M | 14.72% |
| 2011-10-01 | $454.53M | 1.54% |
| 2011-07-02 | $447.63M | 4.68% |
| 2011-04-02 | $427.60M | -11.58% |
| 2010-12-31 | $483.58M | 20.58% |
| 2010-10-02 | $401.04M | 2.55% |
| 2010-07-03 | $391.06M | 6.35% |
| 2010-04-03 | $367.70M | -14.26% |
| 2009-12-31 | $428.85M | 14.68% |
| 2009-10-03 | $373.96M | 3.07% |
| 2009-07-04 | $362.84M | 8.94% |
| 2009-04-04 | $333.05M | -20.39% |
| 2008-12-31 | $418.33M | 8.29% |
| 2008-09-27 | $386.31M | -3.12% |
| 2008-06-28 | $398.77M | 7.28% |
| 2008-03-29 | $371.71M | -14.94% |
| 2007-12-31 | $437.00M | - |
Waters generated $708.53M in revenue during Q2 2024, up 11.26% compared to the previous quarter, and up 103.48% compared to the same period a year ago.
Waters Revenue Breakdown
Waters Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Ta Service | $101.95M | $93.18M | $87.18M | $73.84M | $77.81M |
| Ta Instrument Systems | $252.88M | $252.31M | $225.61M | $174.40M | $191.30M |
| Service | $1.05B | - | - | - | - |
| Product | $1.90B | $1.99B | $1.82B | $1.50B | $1.57B |
| Chemistry Consumables | $541.47M | - | - | - | - |
| Waters Service | $951.42M | $890.61M | $876.63M | $794.19M | $761.59M |
| Waters Instrument Systems | $1.11B | $1.21B | $1.09B | $890.86M | $963.87M |
Waters's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (32.19%), Waters Instrument Systems (18.75%), Service (17.81%), Waters Service (16.09%), Chemistry Consumables (9.16%), Ta Instrument Systems (4.28%), and Ta Service (1.72%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jul 23 | Apr 23 | Dec 22 | Oct 22 | Jul 22 | Apr 22 | Dec 21 | Oct 21 | Jul 21 | Apr 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ta Service | $27.14M | $24.25M | $27.75M | $25.05M | $25.27M | $23.87M | $25.50M | $23.20M | $22.33M | $22.16M | $24.49M | $21.81M | $21.19M | $19.69M | $23.32M | $18.04M | $15.86M | $16.62M | $21.98M | $18.67M |
| Ta Instrument Systems | $58.83M | $50.69M | $74.79M | $57.29M | $62.07M | $58.73M | $78.26M | $61.96M | $56.84M | $55.26M | $69.89M | $55.61M | $53.13M | $46.98M | $59.60M | $42.27M | $38.42M | $34.11M | $60.01M | $46.46M |
| Chemistry Consumables | $141.09M | $134.21M | $412.82M | $128.65M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Waters Service | $246.25M | $236.43M | $251.14M | $238.56M | $237.38M | $224.35M | $230.24M | $220.44M | $222.36M | $217.58M | $232.00M | $218.29M | $219.50M | $206.83M | $231.35M | $199.50M | $189.21M | $174.14M | $205.47M | $188.03M |
| Waters Instrument Systems | $235.23M | $191.26M | $322.41M | $262.14M | $279.94M | $244.21M | $384.78M | $274.87M | $280.85M | $269.96M | $371.34M | $240.47M | $261.36M | $216.07M | $340.84M | $225.79M | $181.40M | $142.83M | $316.62M | $223.86M |
| Product | - | $376.15M | $540.59M | $448.08M | $477.93M | $436.46M | $602.78M | $464.92M | $469.63M | $450.84M | $579.96M | $419.13M | $440.95M | $382.02M | $531.99M | $376.24M | $314.92M | $274.18M | $488.85M | $370.57M |
| Service | - | $260.69M | $789.75M | $263.61M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Waters's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Waters Service (34.75%), Waters Instrument Systems (33.20%), Chemistry Consumables (19.91%), Ta Instrument Systems (8.30%), and Ta Service (3.83%).
Waters Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| UNITED STATES | $927.98M | $886.14M | $774.01M | $678.31M | $692.28M |
| Americas Other | $180.59M | $169.50M | $151.21M | $119.53M | $137.96M |
| Americas | $1.11B | $1.06B | $925.22M | $797.84M | $830.24M |
| Asia Other | $399.92M | $399.38M | $372.04M | $315.01M | $318.85M |
| Asia Pacific | $1.01B | $1.13B | $1.08B | $899.18M | $939.11M |
| CHINA | $440.71M | $565.14M | $521.13M | $404.35M | $439.56M |
| Europe | $840.02M | $784.58M | $784.89M | $668.35M | $637.24M |
| JAPAN | $167.20M | $167.22M | $182.60M | $179.81M | $180.71M |
Waters's latest annual revenue breakdown by geography, as of Dec 23: Americas (21.85%), Asia Pacific (19.87%), UNITED STATES (18.29%), Europe (16.56%), CHINA (8.69%), Asia Other (7.88%), Americas Other (3.56%), and JAPAN (3.30%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jul 23 | Apr 23 | Dec 22 | Oct 22 | Jul 22 | Apr 22 | Dec 21 | Oct 21 | Jul 21 | Apr 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHINA | $100.11M | $85.75M | $107.58M | $102.08M | $114.98M | $116.06M | $165.29M | $140.08M | $138.74M | $121.03M | $175.10M | $115.89M | $127.22M | $102.92M | $151.64M | $115.67M | $89.82M | $47.23M | $125.01M | $111.66M |
| Asia Pacific | $341.40M | $293.83M | $261.89M | $238.23M | $254.62M | $253.08M | $319.46M | $279.93M | $278.01M | $254.33M | $321.67M | $254.60M | $269.95M | $229.54M | $295.71M | $236.18M | $208.21M | $159.08M | $261.99M | $237.78M |
| Americas | $317.00M | $279.50M | $303.75M | $275.48M | $282.93M | $246.42M | $293.12M | $256.41M | $257.27M | $248.84M | $271.97M | $231.00M | $224.89M | $197.36M | $251.44M | $199.45M | $174.78M | $172.18M | $245.14M | $196.46M |
| JAPAN | $33.35M | $35.55M | $43.26M | $40.07M | $37.38M | $46.49M | $44.00M | $37.09M | $37.50M | $48.62M | $42.90M | $44.29M | $45.11M | $50.30M | $48.72M | $44.78M | $41.23M | $45.09M | $44.41M | $46.84M |
| Europe | $196.63M | $188.11M | $253.84M | $197.99M | $203.03M | $185.17M | $245.93M | $172.21M | $179.04M | $187.40M | $242.81M | $173.63M | $186.81M | $181.65M | $239.51M | $158.16M | $136.99M | $133.68M | $209.16M | $143.04M |
| UNITED STATES | $231.93M | $202.84M | $254.95M | $231.77M | $238.96M | $202.31M | $247.23M | $216.38M | $213.81M | $208.71M | $229.89M | $194.78M | $186.91M | $162.43M | $213.22M | $172.27M | $148.93M | $143.90M | $205.02M | $164.16M |
| Asia Other | - | $86.27M | $111.05M | $96.08M | $102.26M | $90.52M | $110.18M | $102.76M | $101.77M | $84.68M | $103.68M | $94.42M | $97.61M | $76.33M | $95.35M | $75.74M | $77.16M | $66.76M | $92.57M | $79.28M |
| Americas Other | - | $38.33M | $48.80M | $43.71M | $43.97M | $44.12M | $45.89M | $40.03M | $43.46M | $40.12M | $42.08M | $36.23M | $37.98M | $34.92M | $38.22M | $27.18M | $25.85M | $28.28M | $40.12M | $32.29M |
Waters's latest quarterly revenue breakdown by geography, as of Jun 24: Asia Pacific (27.97%), Americas (25.97%), UNITED STATES (19.00%), Europe (16.11%), CHINA (8.20%), and JAPAN (2.73%).
Waters Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| TMO | Thermo Fisher Scientific | $42.86B | $10.54B |
| IQV | IQVIA | $14.98B | $3.81B |
| DHR | Danaher | $14.03B | $3.43B |
| ICLR | ICON Public Limited Company | $8.12B | $2.09B |
| ILMN | Illumina | $4.50B | $1.08B |
| CRL | Charles River Laboratories | $4.13B | $1.03B |
| MTD | Mettler-Toledo | $3.79B | $946.75M |
| IDXX | IDEXX Laboratories | $3.66B | $1.00B |
| WAT | Waters | $2.96B | $708.53M |
| RVTY | Revvity | $2.75B | $691.68M |
| SHC | Sotera Health Company | $1.05B | $276.59M |
| TWST | Twist Bioscience | $245.11M | $81.46M |
WAT Revenue FAQ
What is Waters’s yearly revenue?
Waters's yearly revenue for 2023 was $2.96B, representing a decrease of -0.52% compared to 2022. The company's yearly revenue for 2022 was $2.97B, representing an increase of 6.68% compared to 2021. WAT's yearly revenue for 2021 was $2.79B, representing an increase of 17.78% compared to 2020.
What is Waters’s quarterly revenue?
Waters's quarterly revenue for Q2 2024 was $708.53M, a 11.26% increase from the previous quarter (Q1 2024), and a -4.33% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $636.84M, a -22.29% decrease from the previous quarter (Q4 2023), and a -6.99% decrease year-over-year (Q1 2023). WAT's quarterly revenue for Q4 2023 was $819.47M, a 15.14% increase from the previous quarter (Q3 2023), and a -4.55% decrease year-over-year (Q4 2022).
What is Waters’s revenue growth rate?
Waters's revenue growth rate for the last 3 years (2021-2023) was 6.12%, and for the last 5 years (2019-2023) was 22.85%.
What are Waters’s revenue streams?
Waters's revenue streams in c 23 are Ta Service, Ta Instrument Systems, Service, Product, Chemistry Consumables, Waters Service, and Waters Instrument Systems. Ta Service generated $101.95M in revenue, accounting 1.72% of the company's total revenue, up 9.41% year-over-year. Ta Instrument Systems generated $252.88M in revenue, accounting 4.28% of the company's total revenue, up 0.22% year-over-year. Service generated $1.05B in revenue, accounting 17.81% of the company's total revenue Product generated $1.9B in revenue, accounting 32.19% of the company's total revenue, down -4.28% year-over-year. Chemistry Consumables generated $541.47M in revenue, accounting 9.16% of the company's total revenue Waters Service generated $951.42M in revenue, accounting 16.09% of the company's total revenue, up 6.83% year-over-year. Waters Instrument Systems generated $1.11B in revenue, accounting 18.75% of the company's total revenue, down -8.41% year-over-year.
What is Waters’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Waters was Product. This segment made a revenue of $1.9B, representing 32.19% of the company's total revenue.