What does Waters Corporation do?

Waters Corporation (WAT) is a Life Sciences Tools & Services company. Makes liquid chromatography, mass spectrometry, thermal analysis, and chemistry consumables, plus the Biosciences and Diagnostic Solutions businesses acquired from BD in 2026. It was founded in 1958, is headquartered in Milford, Massachusetts and employs about 7,900 people.

How does Waters Corporation make money?

As of 2025-Q4, Waters Corporation's revenue breaks down across Waters Instrument Systems (38%), Waters Service (32%), Chemistry Consumables (18%), Ta Instrument Systems (8%). See the revenue-by-segment chart for the full mix.

How has Waters Corporation's revenue and profitability trended?

Track Waters Corporation's quarterly and annual revenue, gross and net margins, and EPS in the interactive charts on this page. Data last updated August 26, 2026.

Who are Waters Corporation's main competitors?

Sterling groups Waters Corporation in the Healthcare sector, alongside Revvity (RVTY), Agilent Technologies (A), Charles River Laboratories (CRL), Danaher Corporation (DHR), IQVIA (IQV) and Mettler Toledo (MTD).

If I'm investing in Waters Corporation, what similar companies should I consider?

If you are researching Waters Corporation, also look at Revvity (RVTY), Agilent Technologies (A) and Charles River Laboratories (CRL). You can compare all of them side by side or browse the full Healthcare sector on Sterling.