{ "ticker": "WAT", "cik": "0001000697", "company": "Waters Corporation", "business_type": "industrial", "schema_template": "standard (analytical instruments, consumables and diagnostics: revenue split into product and service, cost of revenue, operating expenses, operating income, net income, EPS; cash, debt, assets, equity; operating cash flow, capex, free cash flow)", "reporting_currency": "USD", "converted_to_usd": false, "units": "actual US dollars (not thousands or millions); share counts in actual shares; per-share amounts in US dollars", "units_notes_seen": { "FY2025 10-K consolidated balance sheets": "(In thousands, except per share data)", "FY2025 10-K consolidated statements of operations": "(In thousands, except per share data)", "FY2025 10-K consolidated statements of cash flows": "(In thousands)", "Q3 2026 10-Q consolidated balance sheets": "(In millions, except share data in thousands)", "Q3 2026 10-Q consolidated statements of operations, three months": "(In millions, except per share data)", "Q3 2026 10-Q consolidated statements of operations, nine months": "(In millions, except share data)", "Q3 2026 10-Q consolidated statements of cash flows": "(In millions)", "Q3 2026 10-Q debt note (total debt)": "(in millions)", "Q3 2026 10-Q earnings per share note": "(in millions, except per share data)" }, "adjustments": { "splits_applied": [], "adr_ratio": null, "fx": "none; Waters reports in US dollars", "note": "No stock split falls in the periods presented and Waters is not an ADR issuer, so per-share figures are stated exactly as filed. All figures are in US dollars as reported." }, "annual": [ { "fiscal_year": 2025, "label": "FY2025", "period_start": "2025-01-01", "period_end": "2025-12-31", "period_type": "fiscal year", "source_accession": "0001193125-26-062604", "income_statement": { "product_revenue": 1977100000, "service_revenue": 1188186000, "total_revenue": 3165286000, "cost_of_product_revenue": 820267000, "cost_of_service_revenue": 468555000, "selling_and_administrative_expenses": 830374000, "research_and_development_expenses": 195711000, "purchased_intangibles_amortization": 47791000, "litigation_provisions": 0, "total_costs_and_operating_expenses": 2362698000, "operating_income": 802588000, "other_income_net": 3061000, "interest_income": 18777000, "income_before_income_taxes": 754878000, "provision_for_income_taxes": 112249000, "net_income": 642629000, "basic_eps": 10.8, "basic_shares": 59509000, "diluted_eps": 10.76, "diluted_shares": 59706000, "interest_expense": -69548000, "cost_of_revenue": 1288822000, "gross_profit": 1876464000 }, "balance_sheet": { "cash_and_cash_equivalents": 587831000, "accounts_receivable_net": 828844000, "inventories": 572371000, "total_current_assets": 2147645000, "property_plant_and_equipment_net": 642046000, "intangible_assets_net": 558179000, "goodwill": 1340081000, "total_assets": 5076550000, "notes_payable_and_debt_current": 460000000, "total_current_liabilities": 1239499000, "long_term_debt": 947445000, "total_liabilities": 2515308000, "total_stockholders_equity": 2561242000, "total_liabilities_and_stockholders_equity": 5076550000, "total_debt": 1407445000, "shares_outstanding": 59549000 }, "cash_flow": { "stock_based_compensation": 54127000, "depreciation": 88144000, "amortization_of_intangibles": 118093000, "operating_cash_flow": 652555000, "proceeds_from_debt_issuances": 70000000, "net_change_in_cash": 262476000, "capex": -112745000, "business_acquisitions_net_cash_flow": -35053000, "investing_cash_flow": -152253000, "payments_on_debt": -290000000, "purchases_of_treasury_shares": -14667000, "financing_cash_flow": -237205000, "free_cash_flow": 539810000 } }, { "fiscal_year": 2024, "label": "FY2024", "period_start": "2024-01-01", "period_end": "2024-12-31", "period_type": "fiscal year", "source_accession": "0001193125-26-062604", "income_statement": { "product_revenue": 1844176000, "service_revenue": 1114211000, "total_revenue": 2958387000, "cost_of_product_revenue": 747920000, "cost_of_service_revenue": 452281000, "selling_and_administrative_expenses": 690148000, "research_and_development_expenses": 183027000, "purchased_intangibles_amortization": 47090000, "litigation_provisions": 11568000, "total_costs_and_operating_expenses": 2132034000, "operating_income": 826353000, "other_income_net": 776000, "interest_income": 17416000, "income_before_income_taxes": 754868000, "provision_for_income_taxes": 117034000, "net_income": 637834000, "basic_eps": 10.75, "basic_shares": 59333000, "diluted_eps": 10.71, "diluted_shares": 59552000, "interest_expense": -89677000, "cost_of_revenue": 1200201000, "gross_profit": 1758186000 }, "balance_sheet": { "cash_and_cash_equivalents": 325355000, "accounts_receivable_net": 733365000, "inventories": 477261000, "total_current_assets": 1669111000, "property_plant_and_equipment_net": 651200000, "intangible_assets_net": 567906000, "goodwill": 1295720000, "total_assets": 4553795000, "notes_payable_and_debt_current": 0, "total_current_liabilities": 789758000, "long_term_debt": 1626488000, "total_liabilities": 2725288000, "total_stockholders_equity": 1828507000, "total_liabilities_and_stockholders_equity": 4553795000, "total_debt": 1626488000, "shares_outstanding": 59388000 }, "cash_flow": { "stock_based_compensation": 44709000, "depreciation": 87018000, "amortization_of_intangibles": 104807000, "operating_cash_flow": 762123000, "business_acquisitions_net_cash_flow": 0, "proceeds_from_debt_issuances": 170000000, "capex": -142481000, "investing_cash_flow": -143089000, "payments_on_debt": -900000000, "purchases_of_treasury_shares": -13541000, "financing_cash_flow": -696675000, "net_change_in_cash": -69721000, "free_cash_flow": 619642000 } }, { "fiscal_year": 2023, "label": "FY2023", "period_start": "2023-01-01", "period_end": "2023-12-31", "period_type": "fiscal year", "source_accession": "0001193125-26-062604", "income_statement": { "product_revenue": 1903050000, "service_revenue": 1053366000, "total_revenue": 2956416000, "cost_of_product_revenue": 766374000, "cost_of_service_revenue": 428849000, "selling_and_administrative_expenses": 736014000, "research_and_development_expenses": 174945000, "purchased_intangibles_amortization": 32558000, "litigation_provisions": 0, "total_costs_and_operating_expenses": 2138740000, "operating_income": 817676000, "other_income_net": 807000, "interest_income": 16621000, "income_before_income_taxes": 736243000, "provision_for_income_taxes": 94009000, "net_income": 642234000, "basic_eps": 10.87, "basic_shares": 59076000, "diluted_eps": 10.84, "diluted_shares": 59270000, "interest_expense": -98861000, "cost_of_revenue": 1195223000, "gross_profit": 1761193000 }, "cash_flow": { "stock_based_compensation": 36868000, "depreciation": 84625000, "amortization_of_intangibles": 81280000, "operating_cash_flow": 602809000, "proceeds_from_debt_issuances": 1450040000, "financing_cash_flow": 754951000, "capex": -160632000, "business_acquisitions_net_cash_flow": -1282354000, "investing_cash_flow": -1442265000, "payments_on_debt": -670040000, "purchases_of_treasury_shares": -70277000, "net_change_in_cash": -85453000, "free_cash_flow": 442177000 } } ], "quarterly": [ { "fiscal_year": 2026, "fiscal_quarter": 3, "label": "Q3 FY2026", "period_start": "2026-07-05", "period_end": "2026-10-03", "period_type": "three months", "source_accession": "0001193125-26-455594", "income_statement": { "product_revenue": 1334000000, "service_revenue": 433000000, "total_revenue": 1767000000, "cost_of_product_revenue": 670000000, "cost_of_service_revenue": 209000000, "selling_and_administrative_expenses": 398000000, "research_and_development_expenses": 106000000, "purchased_intangibles_amortization": 244000000, "restructuring_charges": 12000000, "total_costs_and_operating_expenses": 1639000000, "operating_income": 128000000, "interest_income": 6000000, "income_before_income_taxes": 74000000, "net_income": 81000000, "basic_eps": 0.83, "basic_shares": 98000000, "diluted_eps": 0.82, "diluted_shares": 99000000, "interest_expense": -59000000, "provision_for_income_taxes": -7000000, "cost_of_revenue": 879000000, "gross_profit": 888000000 }, "balance_sheet": { "cash_and_cash_equivalents": 593000000, "accounts_receivable_net": 1464000000, "inventories": 1324000000, "total_current_assets": 4125000000, "property_plant_and_equipment_net": 1458000000, "intangible_assets_net": 8294000000, "goodwill": 9369000000, "total_assets": 24115000000, "notes_payable_and_debt_current": 650000000, "total_current_liabilities": 2180000000, "long_term_debt": 4483000000, "total_liabilities": 8824000000, "total_stockholders_equity": 15291000000, "total_liabilities_and_stockholders_equity": 24115000000, "total_debt": 5133000000, "shares_outstanding": 98272000 } }, { "fiscal_year": 2025, "fiscal_quarter": 3, "label": "Q3 FY2025", "period_start": "2025-06-29", "period_end": "2025-09-27", "period_type": "three months", "source_accession": "0001193125-26-455594", "income_statement": { "product_revenue": 500000000, "service_revenue": 300000000, "total_revenue": 800000000, "cost_of_product_revenue": 211000000, "cost_of_service_revenue": 117000000, "selling_and_administrative_expenses": 214000000, "research_and_development_expenses": 54000000, "purchased_intangibles_amortization": 12000000, "restructuring_charges": 0, "total_costs_and_operating_expenses": 608000000, "operating_income": 192000000, "interest_income": 5000000, "income_before_income_taxes": 170000000, "net_income": 149000000, "basic_eps": 2.5, "basic_shares": 60000000, "diluted_eps": 2.5, "diluted_shares": 60000000, "interest_expense": -27000000, "provision_for_income_taxes": 21000000, "cost_of_revenue": 328000000, "gross_profit": 472000000 } } ], "year_to_date": { "label": "Nine months ended October 3, 2026", "period_start": "2026-01-01", "period_end": "2026-10-03", "period_type": "nine months", "source_accession": "0001193125-26-455594", "income_statement": { "product_revenue": 3473000000, "service_revenue": 1205000000, "total_revenue": 4678000000, "cost_of_product_revenue": 1893000000, "cost_of_service_revenue": 577000000, "selling_and_administrative_expenses": 1187000000, "research_and_development_expenses": 324000000, "purchased_intangibles_amortization": 640000000, "restructuring_charges": 64000000, "total_costs_and_operating_expenses": 4684000000, "other_income_net": 1000000, "interest_income": 17000000, "basic_shares": 93000000, "diluted_shares": 93000000, "operating_income": -6000000, "interest_expense": -167000000, "income_before_income_taxes": -155000000, "provision_for_income_taxes": -28000000, "net_income": -127000000, "basic_eps": -1.37, "diluted_eps": -1.37, "cost_of_revenue": 2470000000, "gross_profit": 2208000000 }, "cash_flow": { "stock_based_compensation": 67000000, "depreciation": 106000000, "amortization_of_intangibles": 702000000, "operating_cash_flow": 315000000, "proceeds_from_debt_issuances": 4062000000, "net_change_in_cash": 5000000, "amortization_of_acquisition_inventory_and_fixed_asset_step_up": 333000000, "business_acquisitions_net_cash_flow": 85000000, "capex": -150000000, "investing_cash_flow": -16000000, "payments_on_debt": -4315000000, "purchases_of_treasury_shares": -15000000, "financing_cash_flow": -279000000, "free_cash_flow": 165000000 }, "prior_year_comparative": { "label": "Nine months ended September 27, 2025", "period_start": "2025-01-01", "period_end": "2025-09-27", "period_type": "nine months", "source_accession": "0001193125-26-455594", "income_statement": { "product_revenue": 1374000000, "service_revenue": 859000000, "total_revenue": 2233000000, "cost_of_product_revenue": 580000000, "cost_of_service_revenue": 346000000, "selling_and_administrative_expenses": 586000000, "research_and_development_expenses": 149000000, "purchased_intangibles_amortization": 36000000, "restructuring_charges": 4000000, "total_costs_and_operating_expenses": 1701000000, "other_income_net": 1000000, "interest_income": 13000000, "operating_income": 532000000, "income_before_income_taxes": 491000000, "net_income": 417000000, "basic_eps": 7.02, "diluted_eps": 7, "basic_shares": 59000000, "diluted_shares": 60000000, "interest_expense": -55000000, "provision_for_income_taxes": 73000000, "cost_of_revenue": 926000000, "gross_profit": 1307000000 }, "cash_flow": { "stock_based_compensation": 40000000, "depreciation": 66000000, "amortization_of_intangibles": 87000000, "operating_cash_flow": 488000000, "proceeds_from_debt_issuances": 70000000, "net_change_in_cash": 134000000, "capex": -74000000, "business_acquisitions_net_cash_flow": -35000000, "investing_cash_flow": -110000000, "payments_on_debt": -290000000, "purchases_of_treasury_shares": -15000000, "financing_cash_flow": -241000000, "free_cash_flow": 414000000 } } }, "trailing_twelve_months": { "label": "Twelve months ended October 3, 2026", "period_start": "2025-09-28", "period_end": "2026-10-03", "period_type": "trailing twelve months (derived)", "source_accession": "0001193125-26-455594", "source_accessions": [ "0001193125-26-062604", "0001193125-26-455594" ], "income_statement": { "total_revenue": 5610000000, "cost_of_revenue": 2833000000, "gross_profit": 2777000000, "operating_income": 265000000, "net_income": 99000000 }, "cash_flow": { "operating_cash_flow": 480000000, "capex": -189000000, "free_cash_flow": 291000000 } }, "notes": [ "Template: a standard industrial schema suited to an analytical-instruments, consumables and diagnostics business. Revenue is shown as product and service revenue, as Waters presents it, with total revenue, costs, operating income, net income and earnings per share; the balance sheet shows cash, debt, assets, liabilities and equity; and cash flow shows operating cash flow, capital expenditures and free cash flow.", "Sources: the annual periods FY2023, FY2024 and FY2025 come from the FY2025 Form 10-K (accession 0001193125-26-062604). That filing prints three years of operations and cash flows but only two year-end balance sheets, so FY2023 carries no balance sheet. The third-quarter periods, the nine-month periods and the October 3, 2026 balance sheet come from the Q3 2026 Form 10-Q (accession 0001193125-26-455594).", "Precision: the 10-K reports in thousands of dollars, but from 2026 the 10-Q reports in millions. The 2026 interim figures and the year-ago quarter therefore carry only nearest-million precision, and the 10-Q's weighted-average share counts are rounded to the nearest million.", "Acquisition: on February 9, 2026 Waters completed its acquisition of the Biosciences and Diagnostic Solutions business (BDS) of Becton, Dickinson and Company. The deal was structured as a Reverse Morris Trust, and Waters issued 38,542 thousand shares of common stock to BD shareholders. The 2026 periods include BDS only from February 9, 2026, so comparisons with 2025 and earlier periods are not like for like. The 10-Q says the acquisition materially affected period-over-period comparability. The acquisition also explains the jump from December 31, 2025 to October 3, 2026 in goodwill, intangible assets, debt, equity and shares outstanding.", "Acquisition accounting: for the nine months ended October 3, 2026, the cash flow statement adds back $333 million of amortization of the acquisition-related step-up in inventory and fixed assets. The cash flow statement also adds back $702 million of intangible amortization, against $87 million a year earlier. These non-cash charges help explain the nine-month operating loss.", "Line names: the 10-K calls its top line 'Total net sales'. The 10-Q calls it 'Total net revenues' in the three-month statement and 'Total revenues' in the nine-month statement. All three are recorded as total_revenue. 'Product sales' / 'Product revenue' and 'Service sales' / 'Service revenue' are treated the same way.", "Derived lines: neither filing prints a gross profit line. Here, cost_of_revenue is cost of product revenue plus cost of service revenue, and gross_profit is total revenue less that sum. Waters reports purchased intangibles amortization as a separate operating expense, so gross profit here is before that amortization. Free cash flow is operating cash flow less additions to property, plant, equipment and software capitalization. For FY2024 and FY2025, total debt is the balance sheet's current notes payable and debt plus long-term debt. At October 3, 2026, total debt is the $5,133 million the 10-Q's debt note prints.", "Signs: interest expense, capital expenditures and other cash outflows are shown as negative numbers, as the statements print them. provision_for_income_taxes is positive for an expense and negative for a benefit. The 10-Q labels the line 'Benefit (provision) for income taxes' and prints a benefit as positive, so its signs have been reversed to match the 10-K. That makes the third quarter of 2026 a $7 million tax benefit and the first nine months of 2026 a $28 million benefit.", "Fiscal calendar: the fiscal year ends December 31. According to the 10-Q, interim quarters typically end on the thirteenth Saturday of the quarter. The third quarters of 2026 and 2025 ended on October 3, 2026 and September 27, 2025. The quarter start dates (July 5, 2026 and June 29, 2025) are the day after the second quarters ended, July 4, 2026 and June 28, 2025, as stated in the company's second-quarter 2026 earnings release (Form 8-K, accession 0001193125-26-331413).", "Presentation change: the 10-Q's December 31, 2025 comparative balance sheet shows long-term deferred tax liabilities ($37 million) as a separate line. The 10-K had included them in other long-term liabilities. Totals are unchanged, and the 10-Q's December 31, 2025 column agrees with the 10-K figures rounded to millions (for example, total assets of $5,077 million against $5,076,550 thousand). The FY2025 balance sheet here is taken from the 10-K.", "Trailing twelve months: derived as FY2025 plus the nine months to October 3, 2026, less the nine months to September 27, 2025, and rounded to the nearest million. The period combines about eight months of BDS ownership with pre-acquisition quarters. No trailing-twelve-month earnings per share is shown, because the share count rose by about 38.5 million shares within the period.", "Dividends: the cash flow statements for the periods presented show no dividend payments. Shareholder returns appear only as treasury share purchases.", "Shares outstanding come from the common stock caption on each balance sheet: 98,272 thousand at October 3, 2026; 59,549 thousand at December 31, 2025; and 59,388 thousand at December 31, 2024." ], "uncertainties": [ "No three-month cash flow is shown for either the third quarter of 2026 or the third quarter of 2025. The 10-Q prints only nine-month cash flows. The third-quarter earnings release (Form 8-K, accession 0001193125-26-444400) prints a preliminary three-month cash flow statement, but its nine-month 2026 figures differ from the 10-Q's final ones (operating cash flow of $296 million in the release against $315 million in the 10-Q), so its three-month figures are not used. Cash flow for 2026 is shown in the year-to-date block instead.", "The 10-Q rounds weighted-average share counts to the nearest million (diluted: 99 million for Q3 2026, 60 million for Q3 2025, 93 million and 60 million for the nine-month periods). The company's third-quarter earnings release (Form 8-K, accession 0001193125-26-444400) prints them in thousands: 98,653 thousand diluted shares for Q3 2026 and 59,622 thousand for Q3 2025. The figures here are the 10-Q's.", "The 10-Q's nine-month statement of operations carries the units note '(In millions, except share data)'. Its weighted-average share counts (93 and 60) are read as millions, consistent with the three-month statement, the earnings per share note and the reported per-share amounts." ], "headline": { "period": "Q3 FY2026", "period_end_words": "October 3, 2026", "metrics": [ { "label": "Revenue", "format": "usd", "value": 1767000000, "text": "$1.77 billion", "exact": "$1,767,000,000", "compact": "$1.77B", "abs": "$1.77 billion", "prior_value": 800000000, "prior": "$800 million", "priorabs": "$800 million", "yoy": "up 120.9%", "source": { "array": "quarterly", "field": "income_statement.total_revenue", "index": 0, "period_label": "Q3 FY2026", "period_end": "2026-10-03", "period_start": "2026-07-05", "span_days": 90, "source_accession": "0001193125-26-455594", "prior_index": 1, "prior_period_label": "Q3 FY2025", "prior_period_end": "2025-09-27", "prior_period_start": "2025-06-29", "prior_span_days": 90, "prior_source_accession": "0001193125-26-455594", "gap_days": 371 } }, { "label": "Net income", "format": "usd", "value": 81000000, "text": "$81 million", "exact": "$81,000,000", "compact": "$81.00M", "abs": "$81 million", "prior_value": 149000000, "prior": "$149 million", "priorabs": "$149 million", "yoy": "down 45.6%", "source": { "array": "quarterly", "field": "income_statement.net_income", "index": 0, "period_label": "Q3 FY2026", "period_end": "2026-10-03", "period_start": "2026-07-05", "span_days": 90, "source_accession": "0001193125-26-455594", "prior_index": 1, "prior_period_label": "Q3 FY2025", "prior_period_end": "2025-09-27", "prior_period_start": "2025-06-29", "prior_span_days": 90, "prior_source_accession": "0001193125-26-455594", "gap_days": 371 } }, { "label": "Diluted EPS", "format": "eps", "value": 0.82, "text": "$0.82", "exact": "$0.82", "compact": "$0.82", "abs": "$0.82", "prior_value": 2.5, "prior": "$2.50", "priorabs": "$2.50", "yoy": "down 67.2%", "source": { "array": "quarterly", "field": "income_statement.diluted_eps", "index": 0, "period_label": "Q3 FY2026", "period_end": "2026-10-03", "period_start": "2026-07-05", "span_days": 90, "source_accession": "0001193125-26-455594", "prior_index": 1, "prior_period_label": "Q3 FY2025", "prior_period_end": "2025-09-27", "prior_period_start": "2025-06-29", "prior_span_days": 90, "prior_source_accession": "0001193125-26-455594", "gap_days": 371 } }, { "label": "Operating income", "format": "usd", "value": 128000000, "text": "$128 million", "exact": "$128,000,000", "compact": "$128.00M", "abs": "$128 million", "prior_value": 192000000, "prior": "$192 million", "priorabs": "$192 million", "yoy": "down 33.3%", "source": { "array": "quarterly", "field": "income_statement.operating_income", "index": 0, "period_label": "Q3 FY2026", "period_end": "2026-10-03", "period_start": "2026-07-05", "span_days": 90, "source_accession": "0001193125-26-455594", "prior_index": 1, "prior_period_label": "Q3 FY2025", "prior_period_end": "2025-09-27", "prior_period_start": "2025-06-29", "prior_span_days": 90, "prior_source_accession": "0001193125-26-455594", "gap_days": 371 } } ], "summary": "Waters Corporation reported $1.77 billion in revenue for Q3 FY2026, the quarter ended October 3, 2026, up 120.9% from a year earlier, mostly because of the biosciences and diagnostics businesses Waters acquired from Becton, Dickinson and Company (BD) in February, which the year-ago quarter did not include. Operating income fell to $128 million from $192 million as amortization of acquired intangibles and other acquisition-related charges weighed on results, and interest expense rose on the debt taken on for the deal. Net income was $81 million, down 45.6% from $149 million, and diluted EPS was $0.82, down 67.2% from $2.50, a decline that also reflects the shares Waters issued to BD shareholders in the deal.", "qa": [ { "q": "How much revenue did Waters report in Q3 FY2026?", "a": "Waters Corporation reported $1.77 billion in revenue for Q3 FY2026, the quarter ended October 3, 2026. That is up 120.9% from $800 million a year earlier, with most of the increase coming from the BD biosciences and diagnostics businesses Waters acquired in February." }, { "q": "What was Waters' net income in Q3 FY2026?", "a": "Waters Corporation earned net income of $81 million in Q3 FY2026, down 45.6% from $149 million in the same quarter a year earlier, as amortization of acquired intangibles, other acquisition-related charges and higher interest expense from the BD acquisition outweighed the added revenue." }, { "q": "What were Waters' earnings per share in Q3 FY2026?", "a": "Waters Corporation reported diluted earnings per share of $0.82 for Q3 FY2026, down 67.2% from $2.50 a year earlier. Lower net income and the larger share count after Waters issued shares to BD shareholders in the acquisition both weighed on the figure." }, { "q": "Why did Waters' operating income fall in Q3 FY2026?", "a": "Waters Corporation's operating income was $128 million in Q3 FY2026, down 33.3% from $192 million a year earlier, because purchase accounting for the BD acquisition added amortization of acquired intangibles and inventory and fixed-asset step-up expense, alongside transaction, integration and severance costs." } ] }, "company_details": { "Name": "Waters Corp /De/", "Ticker": "WAT", "CIK": "0001000697", "Exchange": "NYSE", "State": "Massachusetts", "Incorporation": "Delaware", "SIC": "3826", "Office": "Industrial Applications and Services", "Industry": "Laboratory Analytical Instruments" }, "next_filing": { "predicted_date": "2027-02-22", "predicted_type": "10-K" }, "fiscal_period": { "fiscal_year": 2026, "fiscal_period": "Q3", "tag": "FY26Q3", "period_end": "2026-10-03", "form": "10-Q", "accession": "0001193125-26-455594", "fiscal_year_end": "1231", "source": "facts" }, "source_filings": [ { "role": "annual", "current": false, "form": "10-K", "fiscal_year": 2025, "fiscal_period": "FY", "tag": "FY25", "period_end": "2025-12-31", "filed": "2026-02-23", "accession": "0001193125-26-062604", "url": "https://www.sec.gov/Archives/edgar/data/1000697/000119312526062604/d778470d10k.htm", "source": "reported" }, { "role": "quarterly", "current": true, "form": "10-Q", "fiscal_year": 2026, "fiscal_period": "Q3", "tag": "FY26Q3", "period_end": "2026-10-03", "filed": "2026-11-10", "accession": "0001193125-26-455594", "url": "https://www.sec.gov/Archives/edgar/data/1000697/000119312526455594/d56471d10q.htm", "source": "facts" } ], "figure_sources": { "about": "Where each figure in this file is printed in its SEC filing. 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