secwatch.observer — SEC 8-K summary
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Issuer:     WATERS CORP /DE/ (WAT)
CIK:        0001000697
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001193125-25-024730
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Waters Q4 sales $873M beat guidance; non-GAAP EPS $4.10 up 13% YoY; FY2025 EPS guide $12.70-$13.00
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- Q4 sales $873M, +6% reported / +8% constant currency; exceeded high-end of guidance range.
- Non-GAAP EPS $4.10 (+13% YoY); GAAP EPS $3.88; FX headwind ~9% in Q4.
- Full-year sales $2,958M (flat); non-GAAP EPS $11.86 (+1%); operating cash flow $762M; free cash flow $744M (25% of sales).
- FY2025 guidance: constant currency sales growth +4.5%–7.0%; non-GAAP EPS $12.70–$13.00; Q1 non-GAAP EPS $2.17–$2.25.
- Pharma sales +10% constant currency; instruments +8%, recurring +9% constant currency in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000697/000119312525024730/0001193125-25-024730-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000697/000119312525024730/d904971d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-024730

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer