Watts Water Technologies (WTS) Earnings: Q3 2026 Results

The quarter ended September 27, 2026 and Watts Water Technologies published the results on November 4, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Watts Water Technologies reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• GAAP results include about $39.3 million of IEEPA tariff refunds received from U.S. Customs and Border Protection, recorded as a reduction to cost of goods sold. Watts treats them as a special item and excludes them from adjusted results and segment margins.
• Watts' fiscal third quarter ended September 27, 2026; the fourth quarter ends December 31.

Source: Watts Water Technologies Q3 2026 results, November 4, 2026. Also in the Form 10-Q for the quarter ended September 27, 2026. Figures as reported; checked against the release on November 10, 2026.

How Watts Water Technologies splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Watts Water Technologies's Americas revenue was $553 million in Q3 2026, up 19% from $464 million in Q3 2025, 76% of total revenue.
• Watts Water Technologies's Europe revenue was $120 million in Q3 2026, up 7% from $112 million in Q3 2025, 16% of total revenue.
• Watts Water Technologies's APMEA revenue was $55.6 million in Q3 2026, up 54% from $36.0 million in Q3 2025, 8% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q3 2026 release, Watts Water Technologies said:

“Full year sales growth is expected to range from up 17% to 18% on a reported basis and up 11% to 12% on an organic basis.”

“Full year operating margin is expected to be between 21.6% and 21.7%, or up 320 to 330 basis points, and adjusted operating margin is expected to be between 20.3% and 20.4%, or up 70 to 80 basis points.”

Source: Watts Water Technologies Q3 2026 release, Nov 4, 2026.

This is the company's own guidance as of Nov 4, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the WTS forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net sales and diluted EPS, each as first reported in that quarter's release.

We do not hold a confirmed date for Watts Water Technologies's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 4, 2026

Watts Water Technologies reports three geographic segments. In Q3 2026 the Americas brought in $552.6 million of $728.0 million in net sales from external customers, Europe $119.8 million and APMEA (Asia-Pacific, Middle East and Africa) $55.6 million. Total net sales rose 19% from $611.7 million, and 12% on an organic basis. (Watts Water Technologies Q3 2026 release, Nov 4, 2026)

Watts attributed the organic growth to higher volume, primarily from data center growth, and favorable price realization. Acquisitions in the Americas and APMEA added $41 million, or 7%, to reported growth. The 10-Q names them: Superior Boiler, a Kansas maker of steam and hot water boiler systems bought on November 14, 2025 and reported in the Americas, and Saudi Cast, a Riyadh maker of drainage products bought on November 29, 2025 and reported in APMEA. (Watts Water Technologies Q3 2026 release, Nov 4, 2026; Watts Water Technologies Form 10-Q, Q3 2026, Nov 5, 2026)

By segment, Americas sales grew 19% (12% organic), Europe 7% (9% organic, with currency taking off 2%) and APMEA 54% (30% organic). Acquisitions contributed $35 million of the Americas growth and $6 million of APMEA's. (Watts Water Technologies Q3 2026 release, Nov 4, 2026)

By product, residential and commercial flow control and protection products made up about 61% of Watts' total net sales in 2025, HVAC and gas about 23%, drainage and water re-use about 11% and water quality about 5%. No customer accounted for more than 10% of net sales, and the top ten customers accounted for $570.3 million, or 23.4%. (Watts Water Technologies Form 10-K, 2025, Feb 23, 2026)

Watts Water Technologies' GAAP diluted EPS of $4.34 was well above its adjusted EPS of $3.40 in Q3 2026 because GAAP results include tariff refunds worth $0.94 per share. The 10-Q says Watts received about $39.3 million of refunds of IEEPA tariffs after the U.S. Supreme Court ruled on February 20, 2026 that those tariffs were not authorized, and booked them as a reduction to cost of goods sold. (Watts Water Technologies Q3 2026 release, Nov 4, 2026; Watts Water Technologies Form 10-Q, Q3 2026, Nov 5, 2026)

Excluding special items, Watts' adjusted operating margin rose 240 basis points to 20.9%, which it put down to price realization, sales volume leverage and productivity, partly offset by inflation and acquisition dilution. The effective tax rate fell to 24.2% from 25.9%, which the 10-Q attributes to the One Big Beautiful Bill Act. (Watts Water Technologies Q3 2026 release, Nov 4, 2026; Watts Water Technologies Form 10-Q, Q3 2026, Nov 5, 2026)

Watts' share count was flat at 33.5 million diluted shares. It repurchased about 11,000 Class A shares for $3.9 million in the quarter, with about $117 million left under its 2023 program, and declared dividends of $0.63 per share against $0.52 a year earlier. (Watts Water Technologies Q3 2026 release, Nov 4, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Watts Water Technologies gives a full-year outlook in its release and raised it with Q3 2026 results. It now expects 2026 sales growth of 17% to 18% on a reported basis and 11% to 12% organically, operating margin of 21.6% to 21.7% and adjusted operating margin of 20.3% to 20.4%. The adjusted outlook excludes the impact of tariff refunds and related interest income, and assumes no change in the impact of the Middle East conflict. (Watts Water Technologies Q3 2026 release, Nov 4, 2026)

A consensus figure is the average of the models published by the analysts who cover Watts Water Technologies, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Watts Water Technologies's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning WTS is on is WTS a buy or a sell?, what analysts expect next is on the WTS forecast, and what the company does is on the Watts Water Technologies (WTS) stock page.

Every number on this page can be traced to a document Watts Water Technologies published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.