{
  "url": "https://struct.news/briefs/watts-grew-sales-19-its-inventory-grew-faster",
  "title": "Watts grew sales 19%. Its inventory grew faster.",
  "summary": "Watts Water’s three-month revenue reached $763.2 million, but gross margin fell to 49.0% as inventory rose 21.9%.",
  "published_at": "2026-08-06T13:28:40.970043+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Watts Water Technologies, Inc.",
    "ticker": "WTS",
    "cik": "1104659",
    "sector": "Industrials",
    "industry": "Specialty Industrial Machinery"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-06",
    "accession": "0001104659-26-091726",
    "url": "https://www.sec.gov/Archives/edgar/data/795403/000110465926091726/wts-20260628x10q.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-07",
    "url": "https://www.sec.gov/Archives/edgar/data/795403/000155837025010686/wts-20250629x10q.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 2438500000,
      "display": "$2.4B",
      "unit": "usd",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001104659-26-091726",
        "filing_date": "2026-08-06"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 8.271911908356277,
      "display": "+8.3%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001104659-26-091726",
        "filing_date": "2026-08-06"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": 18.376050850932952,
      "display": "+18.4%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001104659-26-091726",
        "filing_date": "2026-08-06"
      }
    }
  ],
  "watch_next": [
    {
      "type": "pricing",
      "statement": "Gross margin fell as acquisitions diluted results and the prior-year benefit from tariff-related price increases preceded related cost recognition.",
      "importance": "medium",
      "evidence": "Gross margin declined primarily due to the dilutive impact of acquisitions and the prior year benefit of tariff-related price increases ahead of related cost recognition.",
      "source_date": "2026-08-06"
    }
  ],
  "related_tickers": [
    "WTS"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}