The financials
Watts Water Technologies, Inc. by the numbers
Watts Water Technologies, Inc. (WTS) reported revenue of $677M in Q1 2026 (quarter ended March 29, 2026), up 21% from the same quarter a year earlier. That came with a gross margin of 48% and net income of $100M (15% of revenue). For the full year FY2025, revenue was $2.44B (+8.3% year on year) and net income $341M. Its largest product in 2026-Q2 was Residential And Commercial Flow Control at $382M, 65% of the disclosed total, just ahead of HVAC And Gas at 22%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $677M | $558M | +21% |
| Gross profit | $326M | $273M | +20% |
| Operating income | $133M | $88M | +52% |
| Net income | $100M | $74M | +35% |
| Diluted EPS | $2.97 | $2.21 | +34% |
| Product | Revenue | Share |
|---|---|---|
| Residential And Commercial Flow Control | $382M | 65% |
| HVAC And Gas | $127M | 22% |
| Drains And Water Reuse | $46M | 7.9% |
| Water Quality | $31M | 5.2% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $585.0M (+14%)
HVAC And Gas grew +32% year on yearDrains And Water Reuse -9.9% year on year
Segment Latestquarter on quarteryear on year
- Residential And Commercial Flow Control$381.6M$381.6MQoQ +12%year on year +18%+12%+18%
- HVAC And Gas$126.6M$126.6MQoQ +19%year on year +32%+19%+32%
- Drains And Water Reuse$46.3M$46.3MQoQ +22%year on year -9.9%+22%-9.9%
- Water Quality$30.5M$30.5MQoQ -0.33%year on year +5.5%-0.33%+5.5%
Specialty Industrial Machinery
Ranks #17 of 44 by Smart Score