Financial Statements — WAT
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.54 | 0.46 | 0.46 | 0.37 | 0.38 | 0.33 | 0.33 | 0.34 | 0.34 | 0.33 | 0.49 | 0.44 | 0.42 | 0.48 | 0.52 | 0.46 | 0.68 |
| Short-term Investments | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.13 | 0.20 | 0.13 |
| Accounts Receivable | 1.99 | 1.75 | 0.75 | 0.73 | 0.71 | 0.67 | 0.61 | 0.63 | 0.63 | 0.69 | 0.68 | 0.60 | 0.64 | 0.61 | 0.53 | 0.54 | 0.55 |
| Inventory | 1.38 | 1.50 | 0.57 | 0.54 | 0.51 | 0.52 | 0.52 | 0.54 | 0.54 | 0.54 | 0.50 | 0.44 | 0.41 | 0.38 | 0.39 | 0.35 | 0.33 |
| Total Current Assets | 4.47 | 4.06 | 1.92 | 1.78 | 1.74 | 1.65 | 1.60 | 1.64 | 1.63 | 1.68 | 1.77 | 1.58 | 1.56 | 1.59 | 1.66 | 1.64 | 1.77 |
| Property, Plant & Equipment | 1.49 | 1.52 | 0.64 | 0.65 | 0.64 | 0.64 | 0.64 | 0.63 | 0.62 | 0.62 | 0.59 | 0.55 | 0.55 | 0.55 | 0.53 | 0.53 | 0.51 |
| Goodwill | 9.42 | 9.32 | 1.34 | 1.34 | 1.30 | 1.31 | 1.30 | 1.30 | 1.31 | 1.31 | 0.43 | 0.42 | 0.43 | 0.44 | 0.44 | 0.44 | 0.44 |
| Intangible Assets | 8.52 | 8.78 | 0.57 | 0.58 | 0.56 | 0.59 | 0.60 | 0.61 | 0.63 | 0.65 | 0.23 | 0.21 | 0.23 | 0.24 | 0.25 | 0.25 | 0.24 |
| Total Non-current Assets* | 20.29 | 20.47 | 2.94 | 2.94 | 2.85 | 2.86 | 2.85 | 2.87 | 2.86 | 2.87 | 1.53 | 1.49 | 1.48 | 1.46 | 1.46 | 1.47 | 1.44 |
| Total Assets | 24.75 | 24.53 | 4.86 | 4.72 | 4.59 | 4.51 | 4.45 | 4.51 | 4.50 | 4.55 | 3.31 | 3.07 | 3.04 | 3.04 | 3.12 | 3.10 | 3.21 |
| Accounts Payable | 0.86 | 0.60 | 0.12 | 0.10 | 0.10 | 0.09 | 0.08 | 0.09 | 0.08 | 0.08 | 0.09 | 0.10 | 0.10 | 0.09 | 0.09 | 0.08 | 0.08 |
| Short-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.10 |
| Total Current Liabilities | 2.40 | 2.27 | 1.25 | 1.02 | 0.96 | 0.82 | 0.76 | 0.85 | 0.75 | 0.81 | 0.80 | 0.73 | 0.75 | 0.69 | 0.67 | 0.68 | 0.79 |
| Long-term Debt | 4.89 | 4.86 | 0.95 | 1.20 | 1.36 | 1.83 | 2.01 | 2.01 | 2.46 | 2.58 | 1.43 | 1.49 | 1.43 | 1.44 | 1.61 | 1.60 | 1.60 |
| Total Non-current Liabilities | 7.16 | 6.97 | 1.28 | 1.54 | 1.67 | 2.09 | 2.27 | 2.40 | 2.85 | 2.97 | 1.91 | 1.95 | 1.90 | 1.98 | 2.15 | 2.15 | 2.20 |
| Total Liabilities | 9.56 | 9.24 | 2.53 | 2.56 | 2.63 | 2.91 | 3.04 | 3.25 | 3.59 | 3.78 | 2.71 | 2.68 | 2.65 | 2.67 | 2.82 | 2.84 | 2.98 |
| Retained Earnings | 10.22 | 10.36 | 10.21 | 10.06 | 9.91 | 9.56 | 9.40 | 9.25 | 8.93 | 8.80 | 8.65 | 8.28 | 8.13 | 7.96 | 7.58 | 7.42 | 7.26 |
| Total Stockholder Equity | 15.20 | 15.29 | 2.33 | 2.16 | 1.96 | 1.60 | 1.41 | 1.26 | 0.91 | 0.77 | 0.60 | 0.39 | 0.39 | 0.37 | 0.30 | 0.27 | 0.23 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 1.65 | 1.27 | 0.93 | 0.80 | 0.77 | 0.66 | 0.87 | 0.74 | 0.71 | 0.64 | 0.82 | 0.71 | 0.74 | 0.68 | 0.86 | 0.71 | 0.71 | 0.69 | 0.84 | 0.66 |
| Cost of Revenue | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross Profit | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | 0.12 | 0.10 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.05 | 0.04 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Selling, General & Admin | 0.41 | 0.39 | 0.24 | 0.21 | 0.20 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.18 | 0.19 | 0.19 | 0.18 | 0.17 | 0.16 | 0.16 | 0.16 | 0.17 | 0.15 |
| Total Operating Expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating Income | (0.09) | (0.05) | 0.27 | 0.19 | 0.19 | 0.15 | 0.29 | 0.21 | 0.19 | 0.13 | 0.26 | 0.18 | 0.20 | 0.17 | 0.29 | 0.19 | 0.20 | 0.20 | 0.26 | 0.19 |
| Interest Expense | 0.06 | 0.05 | 0.01 | 0.03 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Pretax Income | (0.14) | (0.09) | 0.26 | 0.17 | 0.18 | 0.14 | 0.28 | 0.19 | 0.17 | 0.11 | 0.24 | 0.15 | 0.18 | 0.17 | 0.28 | 0.18 | 0.19 | 0.19 | 0.25 | 0.18 |
| Tax Provision | -0.00 | (0.02) | 0.04 | 0.02 | 0.03 | 0.02 | 0.05 | 0.03 | 0.03 | 0.01 | 0.02 | 0.02 | 0.03 | 0.02 | 0.05 | 0.03 | 0.03 | 0.03 | 0.04 | 0.02 |
| Net Income | (0.14) | (0.07) | 0.23 | 0.15 | 0.15 | 0.12 | 0.23 | 0.16 | 0.14 | 0.10 | 0.22 | 0.13 | 0.15 | 0.14 | 0.23 | 0.16 | 0.16 | 0.16 | 0.22 | 0.16 |
| Basic EPS | (1.39) | (0.87) | 3.79 | 2.50 | 2.47 | 2.04 | 3.89 | 2.72 | 2.41 | 1.73 | 3.64 | 2.28 | 2.56 | 2.39 | 3.81 | 2.61 | 2.74 | 2.64 | 3.53 | 2.63 |
| Diluted EPS | (1.39) | (0.87) | 3.76 | 2.50 | 2.47 | 2.03 | 3.88 | 2.71 | 2.40 | 1.72 | 3.64 | 2.27 | 2.55 | 2.38 | 3.79 | 2.60 | 2.72 | 2.62 | 3.51 | 2.60 |
Cash Flow Statement
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 0.20 | -0.00 | 0.16 | 0.19 | 0.04 | 0.26 | 0.24 | 0.20 | 0.05 | 0.26 | 0.23 | 0.16 | 0.02 | 0.20 | 0.20 | 0.16 | 0.06 | 0.20 | 0.22 | 0.17 |
| Capital Expenditures | 0.05 | 0.04 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | 0.15 | (0.04) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | 0.00 | 0.10 | (0.04) | (0.03) | (0.06) | (0.03) | (0.05) | (0.03) | (0.04) | (0.03) | (0.04) | (0.04) | (1.33) | (0.03) | (0.06) | (0.04) | (0.03) | 0.02 | 0.02 | 0.03 |
| Financing Cash Flow | (0.12) | (0.21) | 0.00 | (0.07) | -0.00 | (0.17) | (0.19) | (0.18) | (0.03) | (0.29) | (0.13) | (0.11) | 1.16 | (0.16) | (0.11) | (0.09) | (0.08) | (0.23) | (0.25) | (0.14) |
* Derived from reported values
