FINHUB Insights

WAT · Q2 FY25 · Mar 30 – Jun 28, 2025

Waters Q2 FY25: where the revenue came from and where it went

Waters Q2 FY25: revenue $0.8B (+9% year over year). Net profit $0.1B. Largest cohort Waters Service $0.3B. The whole income statement as a sankey diagram from the SEC filing.

Period
Mar 30 – Jun 28, 2025
Reported
Aug 4, 2025 10-Q
Sankey diagram of Waters's income statement for Q2 FY25: revenue of $0.8 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$0.8B +9% year over year
Operating profit$0.2B 24% margin
Net profit$0.1B 19% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 28, 2025).
ItemValueShare of revenueYear over year
Revenue 0.8 100% +9%
Waters Service 0.3 38% +10%
Waters Instrument Systems 0.3 38% +7%
Chemistry Consumables 0.2 25% +17%
Ta Instrument Systems 0.1 12% −5%
Research & development−06%+0pp
SG&A−0.226%+2pp
Other−0.343%+0pp
Operating profit0.224% margin−2pp
Net profit0.119%−1pp
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