Waters Corporation (NYSE:WAT) stock is trading lower on Monday after the company released fourth-quarter 2025 financial results and issued fiscal 2026 guidance.
Fourth Quarter Earnings Snapshot
The company reported quarterly sales of $932.36 million, an increase of 7% as reported and 6% in constant currency, beating the consensus of $928.09 million.
Sales into the academic and government market decreased 2% as reported and 3% in constant currency.
The analytical instruments provider reported adjusted earnings of $4.53 per share, beating the consensus of $4.51.
During the quarter, instrument system sales increased 3% as reported and in constant currency. Recurring revenues, which represent the combination of service and precision chemistries, increased 10% as reported and 9% in constant currency.
Geographically, sales in Asia during the quarter increased 4% as reported and 11% in constant currency. Sales in the Americas increased 4% as reported and in constant currency. Sales in Europe increased 13% as reported and 4% in constant currency.