FINHUB Insights

WAT · Q1 FY25 · Jan 1 – Mar 31, 2025

Waters Q1 FY25: where the revenue came from and where it went

Waters Q1 FY25: revenue $0.7B (+4% year over year). Net profit $0.0B. Largest cohort Instrument systems $0.26B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2025
Reported
May 12, 2026 10-Q
Sankey diagram of Waters's income statement for Q1 FY25: revenue of $0.66 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$0.66B +4% year over year
Gross profit$0.39B 58% margin
Operating profit$0.15B 23% margin
Net profit$0.00B 0% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
ItemValueShare of revenueYear over year
Revenue 0.66 100% +4%
Instrument systems 0.26 40%
Services 0.26 39%
Consumables 0.14 21%
Cost of revenue−0.2842%
Gross profit0.3958% margin−1pp
R&D−0.057%+0pp
SG&A−0.1726%−1pp
Other−0.012%+0pp
Operating profit0.1523% margin+2pp
Tax−0.02
Interest & other costs−0.13
Net profit0.000%+0pp
Filing on EDGAR More quarters of WAT

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters