Waters Corporation | LC-MS Manufacturer & IVD Solutions

Waters Corporation | LC-MS Manufacturer & IVD Solutions

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Company Profile

Waters Corporation is a US-based manufacturer of    analytical instruments and clinical diagnostic systems, headquartered in    Milford, Massachusetts, USA. Founded in    1958 by James Logan Waters, the company operates as a    publicly listed entity on    the New York Stock Exchange (NYSE: WAT) with approximately    7,900+ employees (pre-combination),    serving global life sciences, materials, food, and environmental markets in over    100 countries.

Core Products & Technologies

Analytical Sciences

ACQUITY UPLC Systems: Ultra-performance liquid chromatography platforms for high-resolution separations in pharmaceutical and biopharmaceutical analysis
   • Xevo Mass Spectrometry: Tandem quadrupole (TQ) and time-of-flight (Q-Tof) MS systems for quantitative and qualitative molecular characterization
   • Chromatography Columns & Chemistry: UPLC/HPLC columns, sample preparation consumables, and chemistry products for method development and routine testing

Advanced Diagnostics & IVD

MassTrak IVD Systems: LC-MS/MS medical devices for clinical diagnostics including endocrinology, toxicology, therapeutic drug monitoring, and metabolic screening
   • ACQUITY UPLC I-Class/Xevo TQ-S micro IVD: Compact IVD system for low-concentration quantification in clinical laboratories
   • RenataDX System: Fully integrated FIA-MS/MS IVD platform for dried blood spot (DBS) analysis in neonatal screening
   • Microbiology & Molecular Diagnostics: Automated identification and susceptibility systems, molecular assays, and point-of-care testing platforms (via BD Diagnostic Solutions combination)

Biosciences & Materials

Flow Cytometry & Cell Sorting: Analytical and cell sorting instruments with reagents for cellular research and clinical diagnostics (via BD Biosciences combination)
   • Single-Cell Multiomics: Solutions for genomic, transcriptomic, and proteomic analysis at single-cell resolution
   • Thermal Analysis & Rheometry: Instruments for materials characterization in batteries, electronics, and pharmaceutical applications

Market Position & Certifications

Waters holds a global leadership position in the    liquid chromatography and mass spectrometry market, competing with    Agilent Technologies,    Thermo Fisher Scientific, and    Danaher Corporation. Key strengths include:

68 years of US analytical science heritage since founding
   • BD combination: Completed $18.8 billion combination with BD's Biosciences & Diagnostic Solutions on February 9, 2026, creating four divisions and expanding into flow cytometry, microbiology, and molecular diagnostics
   • Regulatory compliance: IVD systems compliant with EU IVDR, FDA QSR, ISO 13485:2016, and 21 CFR Part 820
   • Integrated portfolio: Four divisions spanning analytical sciences, biosciences, advanced diagnostics, and materials sciences
   • Financial scale: 2025 revenue $3.17 billion; Q1 2026 revenue $1.27 billion; 2026 full-year guidance raised to $6.41–$6.46 billion

Corporate Timeline

1958 — Founded in Framingham, Massachusetts, USA, by James Logan Waters
   1960s-70s — Pioneered commercial HPLC systems and established global chromatography leadership
   1995 — Listed on the New York Stock Exchange (NYSE: WAT)
   2025 — Full-year revenue reached $3.17 billion with 7% growth; launched Alliance iS HPLC System
   2026 — Completed combination with BD's Biosciences & Diagnostic Solutions (February 9), forming four divisions; Q1 revenue $1.27 billion exceeded guidance; raised 2026 full-year revenue guidance to $6.41–$6.46 billion and adjusted EPS to $14.40–$14.60

Target Markets & Applications

Pharmaceutical & Biopharmaceutical: UPLC-MS for drug discovery, development, quality control, and bioprocess monitoring
   • Clinical Diagnostics: LC-MS/MS IVD systems for neonatal screening, endocrinology, toxicology, and therapeutic drug monitoring
   • Food Safety & Environmental: Trace contaminant detection, pesticide analysis, and water quality monitoring
   • Materials Science: Thermal analysis and rheometry for battery, polymer, and electronics characterization
   • Cellular Research: Flow cytometry and single-cell multiomics for immunology and oncology research

Contact Information

Global Headquarters

Address: 34 Maple Street, Milford, MA 01757, USA
   Telephone: +1 508 478-2000
   Toll Free: 1-800-252-HPLC (4752)
   Fax: +1 508 872-1990

Corporate Status

Entity Type: Publicly Listed Company (No Parent Company)
   Stock: NYSE: WAT
   Website: waters.com
   Investor Relations: ir.waters.com

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