---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-138873"
form_type: "8-K"
ticker: "WAT"
cik: "0001000697"
company_name: "WATERS CORP /DE/"
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T07:46:48.694889+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Waters Q1 sales down 1% to $685M, non-GAAP EPS $2.49; guides FY organic growth 3-5%

## Summary
- Q1 sales $685M (-1% reported, +3% constant currency); GAAP EPS $2.38, non-GAAP EPS $2.49, both down YoY.
- Pharma sales -4% constant currency; recurring revenues +8% constant currency driven by service and chemistries.
- FY2023 guidance: organic constant currency growth 3-5%; non-GAAP EPS $12.55-$12.75, including ~1% FX headwind.
- Q2 2023 guidance: organic CC growth 1-3%; non-GAAP EPS $2.52-$2.62, with ~1% FX and ~3% Wyatt dilution.
- Pending Wyatt Technology acquisition expected to close Q2 2023, adding ~2.5% to FY reported sales; accretive Q1 2024.

## SEC filing metadata
- accession: 0001193125-23-138873
- form_type: 8-K
- ticker: WAT
- cik: 0001000697
- company_name: WATERS CORP /DE/
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000697/000119312523138873/0001193125-23-138873-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000697/000119312523138873/d443419d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-138873
- JSON: https://secwatch.observer/filing/0001193125-23-138873.json
- Plain text: https://secwatch.observer/filing/0001193125-23-138873.txt

## Key facts
- Earnings Releases
  WATERS CORP /DE/ reported first quarter of 2023 results: revenue $685 million, EPS $2.38 per diluted share.
  - Period: first quarter of 2023
  - Revenue: $685 million
  - EPS: $2.38 per diluted share
  - Result: reported results
  source text: Waters Corporation (NYSE: WAT) today announced its financial results for the first quarter of 2023. Sales for the first quarter of 2023 were $685 million, a decrease of 1% as reported and an increase of 3% in constant currency, compared to sales of $691 million for the first quarter of 2022. On a GAAP basis, diluted earnings per share (EPS) for the first quarter of 2023 decreased to $2.38, compared to $2.62 for the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000697/000119312523138873/0001193125-23-138873-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.