Edwards Lifesciences Corporation (EW)
NYSE: EW · Real-Time Price · USD
83.68
+0.64 (0.77%)
At close: Jul 28, 2026, 4:00 PM EDT
84.80
+1.12 (1.34%)
After-hours: Jul 28, 2026, 7:58 PM EDT
Edwards Lifesciences Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
| 1,741 | 1,649 | 1,570 | 1,553 | 1,532 | 1,413 | 1,386 | 1,354 | 1,369 | 1,330 | 1,266 | 1,243 | 1,296 | 1,460 | 1,348 | 1,319 | 1,374 | 1,341 | 1,330 | 1,310 | |
Revenue Growth (YoY) | 13.63% | 16.70% | 13.26% | 14.67% | 11.89% | 6.23% | 9.43% | 8.93% | 5.70% | -8.89% | -6.07% | -5.73% | -5.71% | 8.83% | 1.40% | 0.67% | -0.15% | 10.24% | 11.58% | 14.84% |
Cost of Revenue | 392.4 | 362.6 | 343 | 345.2 | 344.4 | 301.6 | 292.2 | 262.9 | 275.5 | 286.9 | 251 | 250.6 | 256.9 | 329.5 | 257.9 | 253.8 | 269.4 | 299.3 | 309.5 | 311.7 |
Gross Profit | 1,349 | 1,286 | 1,227 | 1,208 | 1,188 | 1,111 | 1,094 | 1,092 | 1,094 | 1,043 | 1,015 | 992.8 | 1,039 | 1,130 | 1,090 | 1,065 | 1,105 | 1,042 | 1,020 | 998.5 |
Selling, General & Admin | 561.2 | 522.2 | 602.9 | 514.6 | 502 | 465.7 | 491.9 | 421.4 | 447.5 | 428.4 | 416.6 | 381.9 | 410.4 | 436.3 | 411 | 377.3 | 409 | 370.3 | 424 | 364.4 |
Research & Development | 278.9 | 263.3 | 267.7 | 280.7 | 276.2 | 254.6 | 271.1 | 253.4 | 271.8 | 256.7 | 242.1 | 242.8 | 243.7 | 261.2 | 232.2 | 233.6 | 250.8 | 228.6 | 232.8 | 238 |
Other Operating Expenses | -4.7 | 22.9 | 204.9 | 105.5 | -1.6 | -4 | 18 | 66.1 | 8.1 | 8.9 | 9.9 | 2.2 | 121 | 44.2 | -0.6 | 51.9 | -14.8 | 4.2 | -11 | 5.8 |
Total Operating Expenses | 835.4 | 808.4 | 1,076 | 900.8 | 776.6 | 716.3 | 781 | 740.9 | 727.4 | 694 | 668.6 | 626.9 | 775.1 | 741.7 | 642.6 | 662.8 | 645 | 603.1 | 645.8 | 608.2 |
Operating Income | 513.2 | 477.6 | 151.1 | 307.1 | 411.2 | 394.8 | 312.6 | 350.6 | 366.5 | 349 | 346.8 | 365.9 | 263.5 | 388.4 | 447.8 | 402.4 | 459.5 | 438.8 | 374.4 | 390.3 |
Total Non-Operating Income (Expense) | 6.6 | -18.6 | -96.6 | 41.3 | -11 | 39.1 | 33.3 | 52.2 | 17.5 | 22.2 | 3.6 | 21.7 | 11.6 | 10.2 | 7.9 | 4.9 | 5.2 | -2.7 | - | 0.6 |
Pretax Income | 519.8 | 459 | 90.4 | 348.4 | 400.2 | 433.9 | 390.1 | 402.8 | 384 | 371.2 | 367.2 | 387.6 | 275.1 | 398.6 | 459.3 | 407.3 | 464.7 | 436.1 | 376.3 | 390.9 |
Provision for Income Taxes | 278.4 | 78.3 | 26.2 | 56.1 | 64.3 | 70.3 | 45.1 | 40.7 | 20 | 46.3 | 34.1 | 52.7 | 20.9 | 58.1 | 60.9 | 63.8 | 58.3 | 62.5 | 41 | 50.8 |
Net Income | 241.4 | 380.7 | 64.2 | 292.3 | 335.9 | 363.6 | 345 | 362.1 | 364 | 324.9 | 333.1 | 334.9 | 254.2 | 340.5 | 398.4 | 343.5 | 406.4 | 373.6 | 335.3 | 340.1 |
Minority Interest in Earnings | -0.5 | - | 0 | -0.8 | -1.7 | -1.6 | -1.3 | -1.4 | -1.3 | -0.9 | -0.2 | -1.2 | -1.6 | - | - | - | - | - | - | - |
Earnings From Discontinued Operations | - | - | 27 | -2 | -4.4 | -7.2 | 39.3 | 2,707 | 1 | 26.1 | 36.6 | 48.8 | 51.3 | - | - | - | - | - | - | - |
Net Income to Common | 241.9 | 380.7 | 91.2 | 291.1 | 333.2 | 358 | 385.6 | 3,071 | 366.3 | 351.9 | 369.9 | 384.9 | 307.1 | 340.5 | 398.4 | 343.5 | 406.4 | 373.6 | 335.3 | 340.1 |
Net Income Growth (YoY) | -27.40% | 6.34% | -76.35% | -90.52% | -9.04% | 1.73% | 4.24% | 697.82% | 19.28% | 3.35% | -7.15% | 12.05% | -24.43% | -8.86% | 18.82% | 1.00% | -16.98% | 10.47% | 8.34% | 4.58% |
Shares Outstanding (Basic) | 576 | 579 | 580 | 585 | 587 | 587 | 590 | 597 | 602 | 602 | 605 | 607 | 607 | 608 | 613 | 620 | 621 | 622 | 624 | 624 |
Shares Outstanding (Diluted) | 578 | 581 | 582 | 586 | 588 | 588 | 591 | 598 | 604 | 604 | 607 | 610 | 610 | 611 | 616 | 625 | 627 | 629 | 632 | 632 |
Shares Change (YoY) | -1.75% | -1.21% | -1.47% | -2.07% | -2.71% | -2.70% | -2.70% | -1.87% | -0.98% | -1.11% | -1.51% | -2.40% | -2.62% | -2.94% | -2.50% | -1.14% | -0.51% | -0.30% | - | 0.11% |
EPS (Basic) | 0.42 | 0.66 | 0.16 | 0.50 | 0.57 | 0.61 | 0.65 | 5.14 | 0.61 | 0.58 | 0.61 | 0.63 | 0.51 | 0.56 | 0.65 | 0.55 | 0.65 | 0.60 | 0.54 | 0.55 |
EPS (Diluted) | 0.42 | 0.66 | 0.16 | 0.50 | 0.56 | 0.61 | 0.65 | 5.13 | 0.61 | 0.58 | 0.61 | 0.63 | 0.50 | 0.56 | 0.65 | 0.55 | 0.65 | 0.59 | 0.53 | 0.54 |
EPS Growth (YoY) | -25.00% | 8.20% | -75.39% | -90.25% | -8.20% | 5.17% | 6.56% | 714.29% | 22.00% | 3.57% | -6.15% | 14.54% | -23.08% | -5.08% | 22.64% | 1.85% | -16.67% | 9.26% | 8.16% | 3.85% |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | 0 | -21.1 | 353.5 | 516.2 | 240.9 | 224.4 | -177.3 | 299.9 | 286.1 | -118.8 | 48.3 | 356.2 | -14.3 | 252.6 | 213.9 | 250 | 289.1 | 220.6 | 283.8 | 471.2 |
Free Cash Flow Growth (YoY) | - | - | - | 72.12% | -15.80% | - | - | -15.81% | - | - | -77.42% | 42.48% | - | 14.51% | -24.63% | -46.94% | -36.71% | 13.42% | -0.98% | 317.73% |
Free Cash Flow Per Share | - | -0.04 | 0.61 | 0.88 | 0.41 | 0.38 | -0.30 | 0.50 | 0.47 | -0.20 | 0.08 | 0.58 | -0.02 | 0.41 | 0.35 | 0.40 | 0.46 | 0.35 | 0.45 | 0.75 |
Gross Margin | 77.46% | 78.01% | 78.15% | 77.77% | 77.52% | 78.65% | 78.91% | 80.59% | 79.88% | 78.43% | 80.18% | 79.85% | 80.17% | 77.43% | 80.87% | 80.76% | 80.39% | 77.68% | 76.72% | 76.21% |
Operating Margin | 29.48% | 28.97% | 9.63% | 19.77% | 26.84% | 27.95% | 22.56% | 25.89% | 26.76% | 26.24% | 27.38% | 29.43% | 20.34% | 26.61% | 33.21% | 30.51% | 33.44% | 32.72% | 28.16% | 29.79% |
Profit Margin | 13.87% | 23.09% | 4.09% | 18.82% | 21.92% | 25.74% | 24.90% | 26.74% | 26.58% | 24.43% | 26.30% | 26.93% | 19.62% | 23.33% | 29.55% | 26.04% | 29.58% | 27.86% | 25.22% | 25.96% |
FCF Margin | 0.00% | -1.28% | 22.52% | 33.24% | 15.72% | 15.88% | -12.79% | 22.14% | 20.89% | -8.93% | 3.81% | 28.65% | -1.10% | 17.31% | 15.86% | 18.95% | 21.04% | 16.45% | 21.34% | 35.96% |
EBITDA | 513.2 | 518.5 | 193.8 | 346.3 | 449.3 | 431.4 | 355.2 | 385.1 | 406.1 | 387.5 | 383.5 | 402.8 | 299.6 | 423.6 | 483.2 | 437.8 | 493.6 | 473.5 | 407.4 | 423.9 |
EBITDA Margin | 29.48% | 31.45% | 12.35% | 22.30% | 29.32% | 30.54% | 25.63% | 28.43% | 29.66% | 29.14% | 30.28% | 32.40% | 23.13% | 29.02% | 35.84% | 33.19% | 35.93% | 35.30% | 30.64% | 32.35% |
EBIT | 513.2 | 477.6 | 151.1 | 307.1 | 411.2 | 394.8 | 312.6 | 350.6 | 366.5 | 349 | 346.8 | 365.9 | 263.5 | 388.4 | 447.8 | 402.4 | 459.5 | 438.8 | 374.4 | 390.3 |
EBIT Margin | 29.48% | 28.97% | 9.63% | 19.77% | 26.84% | 27.95% | 22.56% | 25.89% | 26.76% | 26.24% | 27.38% | 29.43% | 20.34% | 26.61% | 33.21% | 30.51% | 33.44% | 32.72% | 28.16% | 29.79% |
Effective Tax Rate | 53.56% | 17.06% | 28.98% | 16.10% | 16.07% | 16.20% | 11.56% | 10.10% | 5.21% | 12.47% | 9.29% | 13.60% | 7.60% | 14.58% | 13.26% | 15.66% | 12.55% | 14.33% | 10.90% | 13.00% |