Quick Answer
WATERS CORP /DE/ reported R&D Expense of $195.71 million for fiscal year 2025.
WATERS CORP /DE/ R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $195.71M | +6.9% |
| 2024 | $183.03M | +4.6% |
| 2023 | $174.94M | -0.7% |
| 2022 | $176.19M | +4.7% |
| 2021 | $168.36M | +19.6% |
| 2020 | $140.78M | -1.5% |
| 2019 | $142.96M | -0.3% |
| 2018 | $143.40M | +8.2% |
| 2017 | $132.59M | +5.9% |
| 2016 | $125.19M | +5.6% |
| 2015 | $118.55M | +10.0% |
| 2014 | $107.73M | +7.2% |
| 2013 | $100.54M | +4.7% |
| 2012 | $96.00M | +4.0% |
| 2011 | $92.35M | +9.6% |
| 2010 | $84.27M | +9.2% |
| 2009 | $77.15M | -5.4% |
| 2008 | $81.59M | +1.2% |
| 2007 | $80.65M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $53.64M | +18.3% | +10.5% |
| June 30, 2025 | $48.55M | +5.1% | +4.1% |
| March 31, 2025 | $46.62M | +4.5% | +2.8% |
| September 30, 2024 | $45.34M | +8.0% | -1.8% |
| June 30, 2024 | $46.18M | +0.7% | +3.6% |
| March 31, 2024 | $44.59M | +4.5% | +6.2% |
| September 30, 2023 | $41.99M | -3.3% | -8.5% |
| June 30, 2023 | $45.87M | +4.2% | +7.5% |
- WATERS CORP /DE/ showed an increase of +6.9% in R&D Expense compared to the prior fiscal year.
- Over the 2007–2025 period, WATERS CORP /DE/’s r&d expense has grown by 142.7% (from $80.65 million to $195.71 million).
- The most recent figure is from WATERS CORP /DE/’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 23, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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