earnings
confidence high
sentiment positive
materiality 0.85
Waters Q1 revenue $1.267B beats guidance; raises FY2026 adjusted EPS outlook to $14.40-$14.60
WATERS CORP /DE/
2026-Q1 EPS reported
-$0.87
revenue$1,267,000,000
- Total reported revenue of $1.267B exceeded guidance by $56M; GAAP EPS ($0.87) due to acquisition charges, Adjusted EPS $2.70 (+20% YoY).
- Organic revenue grew 13% (11% constant currency), exceeding high end of guidance; driven by instrument and chemistry growth.
- Acquired Biosciences & Diagnostic Solutions contributed $520M revenue from Feb 9 close, $40M above guidance.
- Raising FY2026 organic constant currency growth guidance to 6.5%-8.0%, adjusted EPS to $14.40-$14.60.
- Q2 2026 guidance: revenue $1.616B-$1.631B, adjusted EPS $2.95-$3.05.