Edwards Lifesciences Corp
EWNYSECIK 1099800Healthcare / Medical Devicesfiscal year ends December70 quarters since 2009
Latest quarter Q2 FY2026, filed August 4, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.
The last 16 quarters
Q3 FY2022 to Q2 FY2026, through the filing of August 4, 2026.
Net income losses drawn in red.
Operating cash flow less capital expenditures; negative quarters in red.
Positions at each quarter end, as filed; short-term investments are not included.
Income statement
Last eight quarters, newest first, through Q2 FY2026 filed August 4, 2026.
| Millions of dollars | Q2 FY2026ended Jun 30, 2026filed Aug 4, 2026 | Q1 FY2026ended Mar 31, 2026filed May 6, 2026 | Q4 FY2025ended Dec 31, 2025filed Feb 25, 2026 | Q3 FY2025ended Sep 30, 2025filed Nov 5, 2025 | Q2 FY2025ended Jun 30, 2025filed Aug 6, 2025 | Q1 FY2025ended Mar 31, 2025filed May 6, 2025 | Q4 FY2024ended Dec 31, 2024filed Feb 28, 2025 | Q3 FY2024ended Sep 30, 2024filed Nov 6, 2024 | YoYQ2 FY2026vs Q2 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,741 | 1,649 | 1,570 | 1,553 | 1,532 | 1,413 | 1,386 | 1,354 | +13.6% |
| Cost of revenue | 392 | 363 | 343 | 345 | 344 | 302 | 292 | 263 | +13.9% |
| Gross profit | 1,349 | 1,286 | 1,227 | 1,208 | 1,188 | 1,111 | 1,094 | 1,092 | +13.5% |
| Research and development | 279 | 263 | 268 | 281 | 276 | 255 | 271 | 253 | +1.0% |
| Selling, general and administrative | 561 | 522 | 603 | 515 | 502 | 466 | 492 | 421 | +11.8% |
| Operating income | 513 | 478 | 151 | 307 | 411 | 395 | 313 | 351 | +24.8% |
| Other income (expense) | 7 | (19) | (61) | 41 | (11) | 39 | 78 | 52 | +160.0% |
| Pretax income | 520 | 459 | 90 | 348 | 400 | 434 | 390 | 403 | +29.9% |
| Income tax | 278 | 78 | 26 | 56 | 64 | 70 | 45 | 41 | +333.0% |
| Net income | 242 | 381 | 91 | 291 | 333 | 358 | 386 | 3,071 | −27.4% |
| Diluted EPS ($) | 0.42 | 0.66 | — | 0.50 | 0.56 | 0.61 | 0.65 | 5.13 | −25.0% |
| Diluted shares (millions) | 578 | 581 | — | 586 | 588 | 588 | — | 598 | — |
Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.
Balance sheet
Last eight quarters, newest first, through Q2 FY2026 filed August 4, 2026.
| Millions of dollars | Q2 FY2026ended Jun 30, 2026filed Aug 4, 2026 | Q1 FY2026ended Mar 31, 2026filed May 6, 2026 | Q4 FY2025ended Dec 31, 2025filed Feb 25, 2026 | Q3 FY2025ended Sep 30, 2025filed Nov 5, 2025 | Q2 FY2025ended Jun 30, 2025filed Aug 6, 2025 | Q1 FY2025ended Mar 31, 2025filed May 6, 2025 | Q4 FY2024ended Dec 31, 2024filed Feb 28, 2025 | Q3 FY2024ended Sep 30, 2024filed Nov 6, 2024 | YoYQ2 FY2026vs Q2 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 2,907 | 2,446 | 2,938 | 2,686 | 3,273 | 3,141 | 3,045 | 3,676 | −11.2% |
| Short-term investments | 1,346 | 1,226 | 1,288 | 1,156 | 789 | 758 | 931 | 770 | +70.5% |
| Total current assets | 6,819 | 6,229 | 6,739 | 6,359 | 6,577 | 6,213 | 6,285 | 6,728 | +3.7% |
| Total assets | 13,867 | 13,321 | 13,697 | 13,272 | 13,489 | 13,022 | 13,055 | 12,971 | +2.8% |
| Total current liabilities | 1,508 | 1,409 | 1,814 | 1,588 | 1,405 | 1,395 | 1,505 | 1,944 | +7.3% |
| Long-term debt | 599 | 599 | 598 | 598 | 598 | 598 | 598 | 598 | +0.1% |
| Total liabilities | 3,142 | 2,994 | 3,360 | 3,067 | 2,882 | 2,831 | 2,992 | 3,360 | +9.0% |
| Stockholders’ equity | 10,618 | 10,328 | 10,338 | 10,205 | 10,545 | 10,129 | 9,998 | 9,546 | +0.7% |
| Shares outstanding (millions) | 576 | 576 | 581 | 580 | 587 | 587 | 588 | 590 | — |
Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.
Cash flow statement
Last eight quarters, newest first, through Q2 FY2026 filed August 4, 2026.
| Millions of dollars | Q2 FY2026ended Jun 30, 2026filed Aug 4, 2026 | Q1 FY2026ended Mar 31, 2026filed May 6, 2026 | Q4 FY2025ended Dec 31, 2025filed Feb 25, 2026 | Q3 FY2025ended Sep 30, 2025filed Nov 5, 2025 | Q2 FY2025ended Jun 30, 2025filed Aug 6, 2025 | Q1 FY2025ended Mar 31, 2025filed May 6, 2025 | Q4 FY2024ended Dec 31, 2024filed Feb 28, 2025 | Q3 FY2024ended Sep 30, 2024filed Nov 6, 2024 | YoYQ2 FY2026vs Q2 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 652 | 44 | 451 | 574 | 290 | 280 | (127) | 352 | +124.6% |
| Capital expenditures | 67 | 65 | 97 | 58 | 49 | 56 | 50 | 52 | +35.7% |
| Free cash flow (CFO − capex) | 585 | (21) | 354 | 516 | 241 | 224 | (177) | 300 | +142.8% |
| Depreciation and amortization | 43 | 41 | 43 | 39 | 38 | 37 | 43 | 35 | +12.1% |
| Share repurchases | 153 | 422 | 41 | 589 | 6 | 259 | 100 | 901 | +2687.3% |
| Dividends paid | — | — | — | — | — | — | — | — | — |
10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.
Annual statements
Every fiscal year filed, newest first, through FY2025 filed February 25, 2026.
Income statement
| Millions of dollars | FY2025ended Dec 31, 2025filed Feb 25, 2026 | FY2024ended Dec 31, 2024filed Feb 28, 2025 | FY2023ended Dec 31, 2023filed Feb 12, 2024 | FY2022ended Dec 31, 2022filed Feb 13, 2023 | FY2021ended Dec 31, 2021filed Feb 14, 2022 | FY2020ended Dec 31, 2020filed Feb 12, 2021 | FY2019ended Dec 31, 2019filed Feb 14, 2020 | FY2018ended Dec 31, 2018filed Feb 15, 2019 | FY2017ended Dec 31, 2017filed Feb 16, 2018 | FY2016ended Dec 31, 2016filed Feb 17, 2017 | FY2015ended Dec 31, 2015filed Feb 19, 2016 | FY2014ended Dec 31, 2014filed Feb 20, 2015 | FY2013ended Dec 31, 2013filed Feb 28, 2014 | FY2012ended Dec 31, 2012filed Feb 28, 2013 | FY2011ended Dec 31, 2011filed Feb 27, 2012 | FY2010ended Dec 31, 2010filed Feb 28, 2011 | FY2009ended Dec 31, 2009filed Aug 6, 2010 | FY2008ended Dec 31, 2008filed Aug 6, 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6,068 | 5,440 | 5,010 | 4,464 | 5,233 | 4,386 | 4,348 | 3,723 | 3,435 | 2,964 | 2,494 | 2,323 | 2,046 | 1,900 | 1,679 | 1,447 | 1,321 | 1,238 |
| Cost of revenue | 1,334 | 1,118 | 978 | 724 | 1,249 | 1,081 | 1,114 | 939 | 875 | 797 | 617 | 626 | 517 | 491 | 490 | 408 | 399 | 420 |
| Gross profit | 4,733 | 4,322 | 4,032 | 3,740 | 3,984 | 3,306 | 3,234 | 2,783 | 2,560 | 2,166 | 1,877 | 1,697 | 1,529 | 1,409 | 1,189 | 1,039 | 922 | 818 |
| Research and development | 1,079 | 1,053 | 963 | 844 | 903 | 761 | 753 | 622 | 553 | 442 | 383 | 347 | 323 | 291 | 246 | 204 | 176 | 139 |
| Selling, general and administrative | 2,085 | 1,789 | 1,583 | 1,358 | 1,494 | 1,228 | 1,242 | 1,089 | 991 | 905 | 851 | 858 | 733 | 697 | 642 | 550 | 509 | 481 |
| Operating income | 1,264 | 1,379 | 1,309 | 1,498 | 1,690 | 898 | 1,147 | 748 | 1,089 | 751 | — | — | — | — | — | — | — | — |
| Other income (expense) | 9 | 169 | 64 | 21 | 13 | 12 | 8 | 4 | (1) | (5) | (4) | (8) | — | — | 5 | 8 | 4 | (8) |
| Pretax income | 1,273 | 1,548 | 1,372 | 1,520 | 1,702 | 917 | 1,167 | 761 | 1,035 | 738 | 622 | 1,144 | 511 | 388 | 284 | 268 | 304 | 164 |
| Income tax | 217 | 152 | 152 | 196 | 199 | 93 | 120 | 39 | 451 | 168 | 128 | 333 | 122 | 97 | 47 | 50 | 75 | 36 |
| Net income | 1,074 | 4,175 | 1,402 | 1,522 | 1,503 | 823 | 1,047 | 722 | 584 | 570 | 495 | 811 | 389 | 292 | 237 | 218 | 229 | — |
| Diluted EPS ($) | 1.83 | 6.97 | 2.30 | 2.44 | 2.38 | 1.30 | 1.64 | 1.13 | 0.90* | 0.87* | 0.75* | 1.25* | 0.57* | 0.41* | 0.33* | 0.30* | 0.33* | 0.18* |
| Diluted shares (millions) | 586 | 599 | 609 | 624 | 631 | 632 | 637 | 641 | 648* | 653* | 661* | 651* | 683* | 710* | 716* | 715* | 705* | 715* |
Balance sheet
| Millions of dollars | FY2025ended Dec 31, 2025filed Feb 25, 2026 | FY2024ended Dec 31, 2024filed Feb 28, 2025 | FY2023ended Dec 31, 2023filed Feb 12, 2024 | FY2022ended Dec 31, 2022filed Feb 13, 2023 | FY2021ended Dec 31, 2021filed Feb 14, 2022 | FY2020ended Dec 31, 2020filed Feb 12, 2021 | FY2019ended Dec 31, 2019filed Feb 14, 2020 | FY2018ended Dec 31, 2018filed Feb 15, 2019 | FY2017ended Dec 31, 2017filed Feb 16, 2018 | FY2016ended Dec 31, 2016filed Feb 17, 2017 | FY2015ended Dec 31, 2015filed Feb 19, 2016 | FY2014ended Dec 31, 2014filed Feb 20, 2015 | FY2013ended Dec 31, 2013filed Feb 28, 2014 | FY2012ended Dec 31, 2012filed Feb 28, 2013 | FY2011ended Dec 31, 2011filed Feb 27, 2012 | FY2010ended Dec 31, 2010filed Feb 28, 2011 | FY2009ended Dec 31, 2009filed Aug 6, 2010 | FY2008ended Dec 31, 2008filed Aug 6, 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 2,938 | 3,045 | 1,132 | 769 | 863 | 1,183 | 1,179 | 714 | 818 | 930 | 718 | 654 | 420 | 311 | 171 | 396 | 334 | 219 |
| Short-term investments | 1,288 | 931 | 501 | 446 | 604 | 219 | 338 | 242 | 519 | 341 | 506 | 785 | 517 | — | — | — | — | — |
| Total current assets | 6,739 | 6,285 | 4,036 | 3,096 | 3,181 | 3,091 | 2,984 | 2,287 | 2,549 | 2,240 | 2,048 | 2,231 | 1,726 | 1,292 | 1,169 | 1,033 | 889 | — |
| Total assets | 13,697 | 13,055 | 9,363 | 8,293 | 8,503 | 7,237 | 6,488 | 5,324 | 5,666 | 4,510 | 4,056 | 3,523 | 2,710 | 2,222 | 1,981 | 1,767 | 1,616 | — |
| Total current liabilities | 1,814 | 1,505 | 1,195 | 1,022 | 1,032 | 894 | 902 | 877 | 1,420 | 533 | 476 | 426 | 346 | 347 | 335 | 338 | 291 | — |
| Long-term debt | 598 | 598 | 597 | 596 | 596 | 595 | 594 | 594 | 438 | 822 | 597 | 598 | 593 | 189 | — | — | 90 | — |
| Total liabilities | 3,360 | 2,992 | 2,644 | 2,486 | 2,667 | 2,663 | — | — | — | — | — | — | — | — | — | — | — | — |
| Stockholders’ equity | 10,338 | 9,998 | 6,650 | 5,807 | 5,836 | 4,574 | 4,148 | 3,140 | 2,956 | 2,619 | 2,503 | 2,191 | 1,544 | 1,467 | 1,327 | 1,308 | 1,158 | 879 |
| Shares outstanding (millions) | 581 | 588 | 601 | 608 | 623 | 625 | 627* | 623* | 630* | 637* | 644* | 647* | 643* | 685* | 690* | 689* | — | — |
Cash flow statement
| Millions of dollars | FY2025ended Dec 31, 2025filed Feb 25, 2026 | FY2024ended Dec 31, 2024filed Feb 28, 2025 | FY2023ended Dec 31, 2023filed Feb 12, 2024 | FY2022ended Dec 31, 2022filed Feb 13, 2023 | FY2021ended Dec 31, 2021filed Feb 14, 2022 | FY2020ended Dec 31, 2020filed Feb 12, 2021 | FY2019ended Dec 31, 2019filed Feb 14, 2020 | FY2018ended Dec 31, 2018filed Feb 15, 2019 | FY2017ended Dec 31, 2017filed Feb 16, 2018 | FY2016ended Dec 31, 2016filed Feb 17, 2017 | FY2015ended Dec 31, 2015filed Feb 19, 2016 | FY2014ended Dec 31, 2014filed Feb 20, 2015 | FY2013ended Dec 31, 2013filed Feb 28, 2014 | FY2012ended Dec 31, 2012filed Feb 28, 2013 | FY2011ended Dec 31, 2011filed Feb 27, 2012 | FY2010ended Dec 31, 2010filed Feb 28, 2011 | FY2009ended Dec 31, 2009filed Aug 6, 2010 | FY2008ended Dec 31, 2008filed Aug 6, 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,595 | 542 | 896 | 1,218 | 1,732 | 1,054 | 1,183 | 927 | 1,001 | 704 | 550 | — | — | — | — | 251 | 165 | 153 |
| Capital expenditures | 260 | 252 | 253 | 245 | 326 | 407 | 254 | 239 | 168 | 176 | 103 | 83 | 109 | 109 | 77 | 62 | 64 | 51 |
| Free cash flow (CFO − capex) | 1,335 | 290 | 643 | 974 | 1,406 | 647 | 929 | 688 | 833 | 528 | 447 | — | — | — | — | 190 | 101 | 103 |
| Depreciation and amortization | 157 | 155 | 145 | 140 | 135 | 107 | 89 | 77 | 82 | 71 | 66 | 69 | 63 | 54 | 58 | 57 | 59 | 56 |
| Share repurchases | 893 | 1,159 | 880 | 1,727 | 513 | 625 | 263 | 796 | 763 | 662 | 280 | 301 | 497 | 344 | 303 | 200 | 96 | 307 |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Insider activity
Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.
The last 25 transactions
| Traded | Insider | Role | Transaction | Shares | Price | Value | Held after | Filed |
|---|---|---|---|---|---|---|---|---|
| Oct 8, 2026 | Lippis Daniel J. | CVP, TAVR | option exercise | 619 | $72.68 | $45K | 40,653 | Oct 8, 2026 |
| Oct 8, 2026 | Lippis Daniel J. | CVP, TAVR | open-market sale10b5-1 | 619 | $85.65 | $53K | 40,034 | Oct 8, 2026 |
| Sep 14, 2026 | Markowitz Wayne | CVP, JAPAC | tax withholding | 568 | $84.37 | $48K | 19,371 | Sep 14, 2026 |
| Sep 13, 2026 | Dahl Andrew M. | SVP, Corporate Controller | tax withholding | 253 | $84.37 | $21K | 14,615 | Sep 14, 2026 |
| Sep 11, 2026 | Markowitz Wayne | CVP, JAPAC | tax withholding | 355 | $86.77 | $31K | 19,939 | Sep 14, 2026 |
| Sep 11, 2026 | Chopra Daveen | CVP, TMTT, Surgical & IHFM | tax withholding | 398 | $86.77 | $35K | 43,926 | Sep 11, 2026 |
| Sep 11, 2026 | Lippis Daniel J. | CVP, TAVR | option exercise | 619 | $72.68 | $45K | 40,653 | Sep 11, 2026 |
| Sep 11, 2026 | Lippis Daniel J. | CVP, TAVR | open-market sale10b5-1 | 619 | $87.51 | $54K | 40,034 | Sep 11, 2026 |
| Aug 31, 2026 | Dahl Andrew M. | SVP, Corporate Controller | open-market sale | 544 | $91.06 | $50K | 14,868 | Aug 31, 2026 |
| Aug 28, 2026 | Bruls Annette | CVP, EMEACLA | open-market sale | 2,644 | $89.98 | $238K | 17,984 | Aug 28, 2026 |
| Aug 26, 2026 | Chopra Daveen | CVP, TMTT, Surgical & IHFM | option exercise | 31,800 | $72.68 | $2M | 76,124 | Aug 26, 2026 |
| Aug 26, 2026 | Chopra Daveen | CVP, TMTT, Surgical & IHFM | open-market sale | 1,154 | $91.76 | $106K | 74,970 | Aug 26, 2026 |
| Aug 26, 2026 | Chopra Daveen | CVP, TMTT, Surgical & IHFM | open-market sale | 30,646 | $90.99 | $3M | 44,324 | Aug 26, 2026 |
| Aug 26, 2026 | Markowitz Wayne | CVP, JAPAC | open-market sale | 1,240 | $91.47 | $113K | 20,294 | Aug 26, 2026 |
| Aug 11, 2026 | Lippis Daniel J. | CVP, TAVR | option exercise | 619 | $72.68 | $45K | 40,653 | Aug 11, 2026 |
| Aug 11, 2026 | Lippis Daniel J. | CVP, TAVR | open-market sale10b5-1 | 619 | $92.03 | $57K | 40,034 | Aug 11, 2026 |
| Jul 30, 2026 | Markowitz Wayne | CVP, JAPAC | open-market sale | 146 | $86.03 | $13K | 21,534 | Jul 30, 2026 |
| Jul 28, 2026 | Markowitz Wayne | CVP, JAPAC | option exercise | 9,628 | $74.02 | $713K | 31,308 | Jul 28, 2026 |
| Jul 28, 2026 | Markowitz Wayne | CVP, JAPAC | open-market sale | 9,628 | $85.06 | $819K | 21,680 | Jul 28, 2026 |
| Jul 27, 2026 | Zovighian Bernard J | CEO, Director | gift | 320 | $0.00 | — | 98,845 | Jul 27, 2026 |
| Jul 27, 2026 | Zovighian Bernard J | CEO, Director | giftindirect | 320 | $0.00 | — | 11,836 | Jul 27, 2026 |
| Jul 27, 2026 | Zovighian Bernard J | CEO, Director | open-market saleindirect | 2,921 | $83.93 | $245K | 8,916 | Jul 27, 2026 |
| Jul 11, 2026 | Bruls Annette | CVP, EMEACLA | tax withholding | 109 | $92.21 | $10K | 20,628 | Jul 13, 2026 |
| Jul 10, 2026 | Lippis Daniel J. | CVP, TAVR | option exercise | 619 | $72.68 | $45K | 40,653 | Jul 10, 2026 |
| Jul 10, 2026 | Lippis Daniel J. | CVP, TAVR | open-market sale10b5-1 | 619 | $91.70 | $57K | 40,034 | Jul 10, 2026 |
Full insider history for Edwards Lifesciences Corp, or insider activity across all companies. A record of filings, not a recommendation.
Tracked funds holding it
1 of the tracked managers held EW in their latest 13F filing, through August 14, 2026. Weight is the share of the fund’s reported portfolio. How the funds have traded EW by quarter.
| Fund | Manager | Quarter | Value | Shares | Weight | Move |
|---|---|---|---|---|---|---|
| Baron Capital Group | Ron Baron | Q2 2026 | $21M | 229,603 | 0.03% | added +457.6% |
Sources
Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.
- Filer
- Edwards Lifesciences Corporation, CIK 1099800 on EDGAR
- Extract generated
- October 6, 2026
- Withheld
- 5 line-years whose four quarters do not sum to the filed year: cost of revenue FY2023, operating income FY2023, opex sga FY2023, pretax income FY2023, rnd FY2023
- Repaired
- 1 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: other income FY2017
XBRL concepts behind each line
Income statement
RevenueFromContractWithCustomerExcludingAssessedTax, SalesRevenueNetCostOfGoodsAndServicesSoldGrossProfitResearchAndDevelopmentExpenseSellingGeneralAndAdministrativeExpenseOperatingIncomeLossNonoperatingIncomeExpense, OtherNonoperatingIncomeExpenseIncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsIncomeTaxExpenseBenefitNetIncomeLoss, NetIncomeLossAvailableToCommonStockholdersBasicEarningsPerShareDilutedWeightedAverageNumberOfDilutedSharesOutstandingBalance sheet
CashAndCashEquivalentsAtCarryingValueShortTermInvestmentsAssetsCurrentAssetsLiabilitiesCurrentLongTermDebtNoncurrentLiabilitiesStockholdersEquitydei:EntityCommonStockSharesOutstandingCash flow statement
NetCashProvidedByUsedInOperatingActivitiesPaymentsToAcquirePropertyPlantAndEquipmentDepreciationDepletionAndAmortizationPaymentsForRepurchaseOfCommonStockThe data
The statements on this page as files, generated October 6, 2026.
- JSON file
/data/financials/EW.json