WATTS WATER TECHNOLOGIES INCWTSEarnings & Financial Report
AERCO International, Inc. is a manufacturer and supplier of commercial condensing boilers, high efficiency water heating equipment and energy recovery systems in the HVAC/plumbing industry across a variety of markets including education, lodging, government, office buildings, healthcare, industrial and multifamily housing. In 1949, AERCO introduced the industry's first semi-instantaneous, tankless steam-to-water water heater. In 1988, AERCO introduced the first condensing and fully modulating...
WTS Q1 FY2026 Key Financial Metrics
Revenue
$677.3M
Gross Profit
$326.1M
Operating Profit
$133.0M
Net Profit
$99.6M
Gross Margin
48.1%
Operating Margin
19.6%
Net Margin
14.7%
YoY Growth
21.4%
EPS
$2.97
WATTS WATER TECHNOLOGIES INC Q1 FY2026 Financial Summary
WATTS WATER TECHNOLOGIES INC reported revenue of $677.3M (up 21.4% YoY) for Q1 FY2026, with a net profit of $99.6M (up 34.6% YoY) (14.7% margin). Cost of goods sold was $351.2M, operating expenses totaled $193.1M.
Key Financial Metrics
| Total Revenue | $677.3M |
|---|---|
| Net Profit | $99.6M |
| Gross Margin | 48.1% |
| Operating Margin | 19.6% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
WATTS WATER TECHNOLOGIES INC Q1 FY2026 revenue of $677.3M breaks down across 2 segments, led by segment net at $517.8M (76.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| segment net | $517.8M | 76.5% |
| Other | $159.5M | 23.5% |
WATTS WATER TECHNOLOGIES INC Annual Revenue by Year
WATTS WATER TECHNOLOGIES INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.4B).
WATTS WATER TECHNOLOGIES INC Quarterly Revenue & Net Profit History
WATTS WATER TECHNOLOGIES INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $677.3M | +21.4% | $99.6M | 14.7% |
| Q4 FY2025 | $625.1M | +15.7% | $83.7M | 13.4% |
| Q3 FY2025 | $611.7M | +12.5% | $82.2M | 13.4% |
| Q2 FY2025 | $643.7M | +7.8% | $100.9M | 15.7% |
| Q1 FY2025 | $558.0M | -2.3% | $74.0M | 13.3% |
| Q4 FY2024 | $540.4M | -1.3% | $67.5M | 12.5% |
| Q3 FY2024 | $543.6M | +7.8% | $69.1M | 12.7% |
| Q2 FY2024 | $597.3M | +12.1% | $82.0M | 13.7% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $597.3M | $543.6M | $540.4M | $558.0M | $643.7M | $611.7M | $625.1M | $677.3M |
| YoY Growth | 12.1% | 7.8% | -1.3% | -2.3% | 7.8% | 12.5% | 15.7% | 21.4% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.38B | $2.40B | $2.40B | $2.50B | $2.64B | $2.73B | $2.88B | $2.94B |
| Liabilities | $765.1M | $710.0M | $689.1M | $728.5M | $752.5M | $768.6M | $853.5M | $843.5M |
| Equity | $1.62B | $1.69B | $1.71B | $1.77B | $1.89B | $1.96B | $2.03B | $2.10B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $85.3M | $90.7M | $139.5M | $55.2M | $69.7M | $122.4M | $154.7M | $17.9M |