Yes, Universal Studios is home to one of the most famous water-based live-action shows in theme park history: WaterWorld: A Live Sea War Spectacular. Located at Universal Studios Hollywood, Universal Studios Japan, and Universal Studios Singapore, this 20-minute show is a masterclass in stunts and pyrotechnics. In 2026, the Hollywood version remains the park's top-rated attraction, featuring jet-ski chases, 50-foot fireballs, and a climax involving a full-sized seaplane crashing into the water just yards from the audience. For those visiting Universal Orlando Resort, while there isn't a "WaterWorld" stunt show, the Universal Orlando’s Cinematic Celebration (or its 2026 successor) at Universal Studios Florida utilizes massive dancing water fountains, light projections, and pyrotechnics in the central lagoon to celebrate iconic films. At the nearby Volcano Bay water park, you can also experience interactive water elements and synchronized lighting around the Krakatau volcano, though the classic "water show" experience is best found at the Hollywood stunt stadium.