Waters annual capital expenditures (capex)
2014
2015
2017
2022
2023
2024
2025
Waters Capital Expenditures (CapEx) Growth & History (WAT)
Waters's capital expenditures (capex) was $112.7M for fiscal 2025.
View full Waters company overviewWaters annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $112.7M | −$29.7M | −20.87% |
| 2024 | 2024-12-31 | $142.5M | −$18.2M | −11.30% |
| 2023 | 2023-12-31 | $160.6M | −$22.8M | −12.44% |
| 2022 | 2022-12-31 | $183.5M | — | — |
| 2017 | 2017-12-31 | $5.0M | — | — |
| 2015 | 2015-12-31 | $3.0M | −$12.1M | −80.17% |
| 2014 | 2014-12-31 | $15.1M | — | — |
Waters quarterly capital expenditures (capex)
Q3.17
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-07-04 | $48.0M | $25.0M | +108.70% |
| Q1 2026 | 2026-04-04 | $39.0M | $13.0M | +50.00% |
| Q4 2025 | 2025-12-31 | $39.0M | — | — |
| Q3 2025 | 2025-09-27 | $24.8M | — | — |
| Q2 2025 | 2025-06-28 | $23.0M | — | — |
| Q1 2025 | 2025-03-29 | $26.0M | — | — |
| Q3 2017 | 2017-09-30 | $0 | — | — |
Waters capital expenditures (capex) trends
Between the periods ended 2014-12-31 and 2025-12-31, Waters's capital expenditures (capex) increased from $15.1M to $112.7M, a change of $97.6M. The latest reported quarter, Q2 2026, shows $48.0M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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