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Compare · QTRX vs WAT

QTRX vs WAT

Side-by-side comparison of Quanterix Corporation (QTRX) and Waters Corporation (WAT): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both QTRX and WAT operate in Biotechnology: Laboratory Analytical Instruments (Industrials), so they compete in similar markets.
  • WAT is the larger of the two at $35.67B, about 242.0x QTRX ($147.4M).
  • Over the past year, QTRX is down 41.8% and WAT is up 6.7% - WAT leads by 48.5 points.
  • Both names hit the wire about 9 times in the past 4 weeks.
  • WAT has more recent analyst coverage (25 ratings vs 13 for QTRX).
PerformanceQTRX-41.80%WAT+6.68%
2025-06-09+0.00%2026-06-09
MetricQTRXWAT
Company
Quanterix Corporation
Waters Corporation
Price
$2.94-5.92%
$371.93+2.40%
Market cap
$147.4M
$35.67B
1M return
+4.06%
+4.67%
1Y return
-41.80%
+6.68%
Industry
Biotechnology: Laboratory Analytical Instruments
Biotechnology: Laboratory Analytical Instruments
Exchange
NASDAQ
NYSE
IPO
2017
1995
News (4w)
9
9
Recent ratings
13
25
QTRX

Quanterix Corporation

Quanterix Corporation, a life sciences company, develops and markets digital immunoassay platforms that advances precision health for life sciences research and diagnostics in North America, Europe, the Middle East, Africa, and the Asia Pacific regions. The company offers HD-X instrument, a sensitive automated multiplex protein detection platform; and SR-X instrument that enables researchers to apply Simoa detection technology in various applications, including direct detection of nucleic acids. It also provides SP-X instrument that is based on Simoa planar array technology for the measurement of multiplex chemiluminescent immunoassays. The company's products include assay kits and other consumables such as reagents. In addition, it offers contract research services, including sample testing, homebrew assay development, and custom development services. The company primarily operates in the areas of neurology, oncology, cardiology, infectious diseases, and inflammation. It sells its products for the life science research sector primarily to laboratories associated with academic and governmental research institutions, as well as pharmaceutical, biotechnology, and contract research companies through a direct sales force, support organizations, and distributors or sales agents. The company was formerly known as Digital Genomics, Inc. and changed its name to Quanterix Corporation in August 2007. Quanterix Corporation was incorporated in 2007 and is headquartered in Billerica, Massachusetts.

WAT

Waters Corporation

Waters Corporation, a specialty measurement company, provides analytical workflow solutions in Asia, the Americas, and Europe. It operates through two segments, Waters and TA. The company designs, manufactures, sells, and services high and ultra-performance liquid chromatography, as well as mass spectrometry (MS) technology systems and support products, including chromatography columns, other consumable products, and post-warranty service plans. It also designs, manufactures, sells, and services thermal analysis, rheometry, and calorimetry instruments; and develops and supplies software-based products that interface with its instruments, as well as other manufacturers' instruments. Its MS technology instruments are used in drug discovery and development comprising clinical trial testing, the analysis of proteins in disease processes, nutritional safety analysis, and environmental testing. The company's offers thermal analysis, rheometry, and calorimetry instruments for use in predicting the suitability and stability of fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids for various industrial, consumer good, and healthcare products, as well as for life science research. Its products are used by pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental customers working in research and development, quality assurance, and other laboratory applications. The company has a collaboration with Genovis AB to develop and market biopharmaceutical characterization workflows based on the its BioAccord LC-MS System, Andrew+ pipetting robot and Genovis SmartEnzymes. Waters Corporation was founded in 1958 and is headquartered in Milford, Massachusetts.

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