FINHUB Insights

WAT · Q4 FY25 · Oct 1 – Dec 31, 2025

Waters Q4 FY25: where the revenue came from and where it went

Waters Q4 FY25: revenue $0.9B (+7% year over year). Net profit $0.0B. The whole income statement as a sankey diagram from the SEC filing.

Period
Oct 1 – Dec 31, 2025
Reported
Feb 23, 2026 10-K
Sankey diagram of Waters's income statement for Q4 FY25: revenue of $0.93 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$0.93B +7% year over year
Gross profit$0.57B 61% margin
Operating profit$0.27B 29% margin
Net profit$0.00B 0% margin

The numbers

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
ItemValueShare of revenueYear over year
Revenue 0.93 100% +7%
Cost of revenue−0.3639%
Gross profit0.5761% margin+1pp
R&D−0.055%+0pp
SG&A−0.2426%+6pp
Other−0.011%+0pp
Operating profit0.2729% margin−4pp
Tax−0.04
Interest & other costs−0.23
Net profit0.000%+0pp

Source of the numbers: tables in the filing (10-K). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.