Waters (WAT) Revenue & Revenue Breakdown

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Waters Revenue Highlights

Latest Revenue (Y)

$2.96B

Latest Revenue (Q)

$740.30M

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
2024-09-28	$740.30M	4.48%
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 $740.30M in revenue during Q3 2024, up 4.48% compared to the previous quarter, and up 99.96% 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
Chemistry Consumables	$541.47M	-	-	-	-
Service	$1.05B	-	-	-	-
Ta Instrument Systems	$252.88M	$252.31M	$225.61M	$174.40M	$191.30M
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
Ta Service	$101.95M	$93.18M	$87.18M	$73.84M	$77.81M
Product	$1.90B	$1.99B	$1.82B	$1.50B	$1.57B

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	Sep 24	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
Chemistry Consumables	$138.94M	$141.09M	$134.21M	$412.82M	$128.65M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Waters Instrument Systems	$265.27M	$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
Ta Service	$26.85M	$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
Ta Instrument Systems	$57.80M	$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
Waters Service	$251.44M	$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
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
Service	-	-	$260.69M	$789.75M	$263.61M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Waters's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Waters Instrument Systems (35.83%), Waters Service (33.96%), Chemistry Consumables (18.77%), Ta Instrument Systems (7.81%), and Ta Service (3.63%).

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	Sep 24	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
Europe	$209.84M	$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
JAPAN	$43.10M	$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
UNITED STATES	$236.18M	$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
Americas	$322.09M	$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
Asia Pacific	$359.51M	$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
CHINA	$100.05M	$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
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
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

Waters's latest quarterly revenue breakdown by geography, as of Sep 24: Asia Pacific (28.29%), Americas (25.35%), UNITED STATES (18.59%), Europe (16.51%), CHINA (7.87%), and JAPAN (3.39%).

Waters Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
TMO	Thermo Fisher Scientific	$42.86B	$10.60B
IQV	IQVIA	$14.98B	$3.90B
DHR	Danaher	$14.03B	$3.40B
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	$954.53M
IDXX	IDEXX Laboratories	$3.66B	$975.54M
WAT	Waters	$2.96B	$740.30M
RVTY	Revvity	$2.75B	$641.72M
SHC	Sotera Health Company	$1.05B	$285.47M
TWST	Twist Bioscience	$312.97M	$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 Q3 2024 was $740.3M, a 4.48% increase from the previous quarter (Q2 2024), and a 4.02% increase year-over-year (Q3 2023). The company'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). WAT'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).

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 Chemistry Consumables, Service, Ta Instrument Systems, Waters Service, Waters Instrument Systems, Ta Service, and Product. Chemistry Consumables generated $541.47M in revenue, accounting 9.16% of the company's total revenue Service generated $1.05B in revenue, accounting 17.81% of the company's total revenue Ta Instrument Systems generated $252.88M in revenue, accounting 4.28% of the company's total revenue, up 0.22% year-over-year. 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. Ta Service generated $101.95M in revenue, accounting 1.72% of the company's total revenue, up 9.41% year-over-year. Product generated $1.9B in revenue, accounting 32.19% of the company's total revenue, down -4.28% 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.