WAT (Waters) Research & Development: $245 Mil (TTM As of Mar. 2026)


WAT Waters Corp WAT
92 GF Score
Price $369.18
GF Value $415.96
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Waters Research & Development?

Waters WAT +3.35% 92 Research & Development is $245 Mil as of Mar. 2026. GuruFocus rates WAT with a GF Score™ of 92/100 and a GF Value™ of $415.96 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Waters's Research & Development for the three months ended in Mar. 2026 was $96 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $245 Mil.

Waters  (NYSE:WAT) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Waters Research & Development Related Terms

Waters Research & Development Historical Data

* Premium members only.

The historical data trend for Waters's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Waters Research & Development Chart

Waters Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 168.36 176.19 174.95 183.03 195.71

Waters Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.00 48.55 53.64 46.90 96.00
WAT
92GF Score
Waters Corp WAT
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Waters Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $245 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $245 Mil mean?
Waters (WAT) has a Research & Development of $245 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Waters and its competitors.
Is Waters' Research & Development too high?
Waters' current Research & Development is $245 Mil. Overall, Waters has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Waters' Research & Development compare to A and NTRA?
Waters' Research & Development of $245 Mil can be compared against companies in the Medical Diagnostics & Research industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Medical Diagnostics & Research company?
A good Research & Development depends on the Medical Diagnostics & Research industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Waters and its competitors. Waters's current Research & Development is $245 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waters stock overvalued right now?
Based on GuruFocus' analysis, Waters (WAT) is currently considered Modestly Undervalued. The stock's GF Value™ is $415.96, compared to a current price of $369.18 — trading 11.2% below its estimated fair value. The current Research & Development is $245 Mil. Waters' overall GF Score™ is 92/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Waters (WAT), the current Research & Development is $245 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Waters (WAT) Overvalued in 2026?

Based on GuruFocus' analysis, Waters stock appears to be undervalued. The current stock price of $369.18 is trading 11.2% below its estimated GF Value™ of $415.96. GuruFocus considers Waters to be Modestly Undervalued.

Key valuation signals for WAT:

  • Research & Development: $245 Mil
  • GF Value™: $415.96 vs. price of $369.18 (11.2% below fair value)
  • GF Score™: 92/100 with 6 warning signs

No single metric tells the full story. See the WAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Waters Business Description

Address 34 Maple Street, Milford, MA, USA, 01757
Waters sells liquid chromatography, mass spectrometry, and thermal analysis tools. These analytical instruments provide essential information on various products, such as their molecular structures and physical properties, to help clients enhance the health and well-being of end users. In early 2026, Waters merged with BD's life science and diagnostics business, which increased its concentration in diagnostics (versus none now) and discovery-related life science tools.
92GF Score

Get the complete analysis for WAT

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$369.18
Price
$415.96
GF Value