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Waters Corporation (WAT)
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WAT Cash Flow Statement

Operating, investing, and financing cash flow analysis

WAT Quarterly Cash Flow Statement (USD)

Quarterly ReportTTM
04/04/2026
12/31/2025
09/27/2025
06/28/2025
03/29/2025
12/31/2024
09/28/2024
06/29/2024
Cash from Operations (CFO)
390.002M-3.000M164.553M187.308M41.141M259.553M240.139M204.580M54.534M
449.248M-72.000M225.214M148.923M147.111M121.381M231.398M161.503M142.737M
Depreciation & Amortization
308.868M152.000M52.541M52.678M51.649M49.369M48.575M47.507M47.229M
61.249M20.000M14.502M13.650M13.097M12.878M11.716M10.647M11.433M
Change in Accounts Receivable
4.060B1.753B828.844M748.519M730.074M713.278M733.365M669.534M610.088M
Change in Inventory
Change in Accounts Payable
Change in Working Capital
-475.598M-257.000M-144.978M96.667M-170.287M73.620M-52.640M-9.152M-146.370M
Cash from Investing
-126.003M-39.000M-38.973M-25.436M-22.594M-25.742M-52.104M-25.618M-36.104M
109.453M144.000M0.00-84K-34.463M-506K0.00-425K0.00
Cash from Financing
Debt Repayment
-12.733M-12.000M-144K-214K-375K-13.934M-66K-141K-245K
0.000.000.000.000.000.000.000.000.00
263.999M-42.000M125.580M161.872M18.547M233.811M188.035M178.962M18.430M
Net Change in Cash
78.959M-126.000M128.713M91.903M-15.657M57.517M-6.093M4.087M-10.863M

WAT Annual Cash Flow Statement (USD)

Annual Report
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Cash from Operations (CFO)
652.555M762.123M602.809M611.661M747.274M790.507M643.087M604.446M
642.629M637.834M642.234M707.755M692.843M521.571M592.198M593.794M
Depreciation & Amortization
206.237M191.825M165.905M130.423M131.680M125.361M105.296M108.408M
54.127M44.709M36.868M42.564M29.918M36.865M38.577M37.541M
Change in Accounts Receivable
828.844M733.365M702.168M722.892M612.648M573.316M587.734M568.316M
Change in Inventory
Change in Accounts Payable
Change in Working Capital
-250.438M-111.368M-240.259M-269.081M-107.167M96.720M-92.984M-135.297M
Cash from Investing
-112.745M-142.481M-160.632M-183.456M-168.266M-172.384M-163.823M-127.565M
-35.053M-1.489M-1.282B-1.368M7.000M-86.688M8.843M-31.486M
Cash from Financing
Debt Repayment
-14.667M-13.541M-70.277M-626.061M-648.930M-196.409M-2.469B-1.315B
0.000.000.000.000.000.000.000.00
539.810M619.642M442.177M428.205M579.008M618.123M479.264M476.881M
Net Change in Cash
262.476M-70.655M-85.453M-20.705M64.539M100.980M-460.565M153.961M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Waters Corporation

Waters Corporation is a global leader in specialized measurement, delivering analytical solutions across Asia, the Americas, and Europe. The company operates through two main divisions: Waters and TA. Under its Waters segment, it engineers, manufactures, sells, and provides support for high and ultra-performance liquid chromatography and mass spectrometry (MS) systems. This includes essential consumables like chromatography columns and comprehensive post-warranty service plans. The TA segment focuses on designing, producing, selling, and servicing instruments for thermal analysis, rheometry, and calorimetry. Additionally, Waters develops and supplies sophisticated software that integrates with both its own instruments and those from other manufacturers. The company's advanced MS technology plays a crucial role in various applications, such as drug discovery and development (including clinical trial assessments), analyzing proteins involved in disease processes, ensuring nutritional safety, and conducting environmental testing. Its thermal analysis, rheometry, and calorimetry instruments are vital for assessing the suitability and stability of a wide range of materials, including fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids. These instruments support diverse sectors like industrial manufacturing, consumer goods, healthcare products, and life science research. Waters' extensive client base spans the life sciences, pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental sectors, where its products are instrumental in research and development, quality assurance, and general laboratory operations. Established in 1958, Waters Corporation is headquartered in Milford, Massachusetts.

Milford, MA
7,600 employees
Healthcare / Medical - Diagnostics & Research
Sector
Healthcare
Industry
Medical - Diagnostics & Research
CEO
Udit Batra