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Waters Q2 FY26: where the revenue came from and where it went

The whole income statement of Waters for this quarter, as one diagram: what earned the revenue, and what it went on.

Period
Apr 5 – Jul 4, 2026
Reported
Aug 11, 2026 10-Q accession 0001193125-26-344691

Revenue$1.65B +113% year over year
Gross profit$0.44B 27% margin
Operating profit−$0.09B −5% margin
Net profit−$0.14B −8% margin
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The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jul 4, 2026).
ItemValueShare of revenueYear over year
Revenue 1.65 100% +113%
Cost of revenue−1.2073%
Gross profit0.4427% margin
R&D−0.127%+1pp
SG&A−0.4125%−1pp
Operating profit−0.09−5% margin−30pp
Interest & other costs−0.06
Net profit−0.14 −8% margin

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Source of the numbers: the totals in the filing, whose revenue split this site could not read (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Filing on EDGAR More quarters of WAT

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