Revenue breakdown: Service (24.6%), Product (21%), Instrument Systems (14.6%).
8-K
Waters Corporation disclosed unaudited condensed combined financial statements, MD&A for fiscal years 2023-2025 and three months ended December 31, 2025/2024, and pro forma condensed combined financial information for the BDS Business acquired from Becton Dickinson on February 9, 2026, in connection with an expected Form S-3 registration statement. The BDS Business reported fiscal 2025 revenues of $3,296 million, down 1.4% year-over-year, and Q1 2026 revenues of $766 million, down 8.3%.