WAT — Waters Income Statement

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Annual income statement for Waters, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	2,786	2,972	2,956	2,958	3,165
Cost of Revenue
Gross Profit	1,632	1,728	1,761	1,759	1,875
Selling / General / Administrative Expenses
Research And Development
Depreciation and Amortization
Unusual Expense / Income
Total Operating Expenses	1,964	2,099	2,139	2,132	2,363
Operating Profit	822	873	818	826	803
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	806	838	736	755	755
Provision for Income Taxes
Net Income After Taxes	693	708	642	638	643
Net Income Before Extraordinary Items
Net Income	693	708	642	638	643
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	693	708	642	638	643
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	11.2	11.9	11.4	10.9	10.8