WAT · News · 20260804N

Operating Margin Drivers

WATERS CORP /DE/ · 2026-08-04 · Importance 65 · Surprise 82 · In source text

Waters posted a GAAP net loss of $136 million in the second quarter of 2026 despite revenue of $1.645 billion. GAAP EPS declined to a loss of $1.39 from acquisition-related accounting adjustments associated with the acquired businesses. Reported operating margin fell significantly, while integration costs and foreign-exchange pressure weighed on profitability. Adjusted EPS was $3.05, above the $3.01 consensus estimate and up from $2.95 a year earlier.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
net_incomenegativerealizedWaters Corporation reported second-quarter 2026 revenue of $1.645 billion and a GAAP net loss of $136 million