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Answer: Yes, water is a compound. A compound forms whenever two or more atoms form chemical bonds with each other. The chemical formula for water is H 2 O, which means each molecule of water consists of one oxygen atom chemically bonded to two hydrogen atoms.Thus, water is a compound.It's also a molecule, which is any chemical species formed by two or more atoms chemically bonded to each other. The terms molecule and compound mean the same thing and can be used interchangeably.he chemical formula for water is H 2 O, which means each molecule of water consists of one oxygen atom chemically bonded to two hydrogen atoms. Thus, water is a compound. It's also a molecule, which is any chemical species formed by two or more atoms chemically bonded to each other.
Water is the chemical substance with chemical formula H. 2O; one molecule of water has two hydrogen atoms covalently bonded to a single oxygen atom. Water is a tasteless, odorless liquid at ambient temperature and pressure, and appears colorless in small quantities, although it has its own intrinsic very light blue hue.