Waters Q3 Adjusted EPS Jumps 21% to $4.10, Guidance Raised
Milford, Mass. – November 03, 2026 -- Waters Corporation raised every component of its full-year 2026 guidance after third-quarter revenue of $1.767 billion beat the guidance midpoint by $14 million and adjusted EPS rose 21% to $4.10. The company lifted its total reported revenue outlook by $43 million at the midpoint.
Organic revenue climbs 9% as acquired businesses add $896 million
Organic revenue reached $871 million, up from $800 million a year earlier. That is 9% growth as reported and 10% in constant currency. The acquired Biosciences and Diagnostic Solutions businesses contributed $896 million, compared with $885 million on a prior-year comparable basis.
GAAP diluted EPS fell to $0.82 from $2.50 a year earlier. Waters attributed the drop to acquisition-related purchase accounting charges, acquisition-related costs and restructuring costs. Adjusted EPS rose from $3.40 to $4.10.