Invesaro

Stocks Comparison

Revvity vs Waters: revenue, profit, margins and growth compared

Revvity brought in $2.9B of revenue in fiscal 2025, Waters $3.2B in fiscal 2025. Revenue changed by +3.7% at Revvity and +7.0% at Waters on the year before, so Waters grew faster. Revvity kept 8.4% of its revenue as net profit, Waters 20.3%. Free cash flow was $509.4M at Revvity and $539.8M at Waters.

Side by side, latest fiscal year

RVTYWAT
Fiscal year endedFY2025 (December 28, 2025)FY2025 (December 31, 2025)
Revenue$2.9B$3.2B
Revenue growth+3.7%+7.0%
Net income$241.2M$642.6M
Net margin8.4%20.3%
Free cash flow$509.4M$539.8M
Free cash flow margin17.8%17.1%
Earnings per share (diluted)$2.07$10.76
Cash$919.9M$588M
Debt$3.2B$1.4B
Price to earnings73.040.3
Market value$16.9B$42.6B
Dividend yield0.19%n/a
Rank by revenue in sector#185 of 451 · Industrials#176 of 451 · Industrials

Over the years

Revenue
RVTY FY2018: $2.8BRVTY FY2019: $2.9BRVTY FY2020: $3.8BRVTY FY2021: $3.8BRVTY FY2022: $3.3BRVTY FY2023: $2.8BRVTY FY2024: $2.8BRVTY FY2025: $2.9BWAT FY2018: $2.4BWAT FY2019: $2.4BWAT FY2020: $2.4BWAT FY2021: $2.8BWAT FY2022: $3BWAT FY2023: $3BWAT FY2024: $3BWAT FY2025: $3.2BFY18FY19FY20FY21FY22FY23FY24FY25
RVTY $2.9BWAT $3.2B
Net income
RVTY FY2018: $237.9MRVTY FY2019: $227.6MRVTY FY2020: $727.9MRVTY FY2021: $943.2MRVTY FY2022: $569.2MRVTY FY2023: $693.1MRVTY FY2024: $270.4MRVTY FY2025: $241.2MWAT FY2018: $593.8MWAT FY2019: $592.2MWAT FY2020: $521.6MWAT FY2021: $692.8MWAT FY2022: $707.8MWAT FY2023: $642.2MWAT FY2024: $637.8MWAT FY2025: $642.6MFY18FY19FY20FY21FY22FY23FY24FY25
RVTY $241.2MWAT $642.6M
Net margin
RVTY FY2018: 8.6%RVTY FY2019: 7.9%RVTY FY2020: 19.2%RVTY FY2021: 24.6%RVTY FY2022: 17.2%RVTY FY2023: 25.2%RVTY FY2024: 9.8%RVTY FY2025: 8.4%WAT FY2018: 24.5%WAT FY2019: 24.6%WAT FY2020: 22.1%WAT FY2021: 24.9%WAT FY2022: 23.8%WAT FY2023: 21.7%WAT FY2024: 21.6%WAT FY2025: 20.3%FY18FY19FY20FY21FY22FY23FY24FY25
RVTY 8.4%WAT 20.3%
Revenue growth
RVTY FY2019: +3.8%RVTY FY2020: +31.2%RVTY FY2021: +1.2%RVTY FY2022: -13.5%RVTY FY2023: -16.9%RVTY FY2024: +0.2%RVTY FY2025: +3.7%WAT FY2019: -0.6%WAT FY2020: -1.7%WAT FY2021: +17.8%WAT FY2022: +6.7%WAT FY2023: -0.5%WAT FY2024: +0.1%WAT FY2025: +7.0%FY19FY20FY21FY22FY23FY24FY25
RVTY +3.7%WAT +7.0%
Free cash flow
RVTY FY2018: $217.8MRVTY FY2019: $287.1MRVTY FY2020: $828.5MRVTY FY2021: $1.3BRVTY FY2022: $594.2MRVTY FY2023: $9.9MRVTY FY2024: $541.7MRVTY FY2025: $509.4MWAT FY2023: $442.2MWAT FY2024: $619.6MWAT FY2025: $539.8MFY18FY19FY20FY21FY22FY23FY24FY25
RVTY $509.4MWAT $539.8M

Fiscal years as each company reports them; the two may end in different months.

Questions about Revvity and Waters

Which is bigger by revenue, Revvity or Waters?

Waters is bigger by revenue: $3.2B in fiscal 2025, against $2.9B for Revvity in fiscal 2025.

Which keeps more of its revenue as profit, Revvity or Waters?

Revvity had a net margin of 8.4% in fiscal 2025; Waters had 20.3% in fiscal 2025.

Which grew revenue faster, Revvity or Waters?

In their latest fiscal years revenue changed by +3.7% at Revvity and +7.0% at Waters.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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