Edwards Lifesciences (EW) Change in Inventory (2009 - 2026)
Edwards Lifesciences' Change in Inventory was $23.5 million in Q2 2026, compared with -$41.6 million a year earlier.
Edwards Lifesciences (EW) Change in Inventory (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Edwards Lifesciences' Change in Inventory was $15.9 million through Jun 30, 2026, down 68.8% year-over-year; for FY2025, it was -$50.7 million.
- In earlier years, Change in Inventory was $256.1 million in FY2024 (-11.4%), $289 million in FY2023 (+35.4%), $213.4 million in FY2022 and -$19 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Change in Inventory since Q4 2024.
- The best year-over-year quarter for Change in Inventory over five years was Q4 2022 (growth of 843.9%); the worst was Q1 2025 (a decline of 99.9%).
- Per Business Quant data, EW's Change in Inventory in the three quarters before Q2 2026 was $1.6 million (Q1 2026), -$11 million (Q4 2025) and $1.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | - |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 301.00 Mn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 46.00 Mn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 248.00 Mn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 240.00 Mn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 113.00 Mn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 133.00 Mn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | - |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 23.50 Mn |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | 25.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.50 Mn |
| Mar 31, 2026 | 1.60 Mn |
| Dec 31, 2025 | -11.00 Mn |
| Sep 30, 2025 | 1.80 Mn |
| Jun 30, 2025 | -41.60 Mn |
| Mar 31, 2025 | 100,000.00 |
| Dec 31, 2024 | 51.20 Mn |
| Sep 30, 2024 | 41.20 Mn |
| Jun 30, 2024 | 94.20 Mn |
| Mar 31, 2024 | 69.50 Mn |
| Dec 31, 2023 | 99.30 Mn |
| Sep 30, 2023 | 76.00 Mn |
| Jun 30, 2023 | 80.90 Mn |
| Mar 31, 2023 | 32.80 Mn |
| Dec 31, 2022 | 62.30 Mn |
| Sep 30, 2022 | 65.30 Mn |
| Jun 30, 2022 | 61.80 Mn |
| Mar 31, 2022 | 24.00 Mn |
| Dec 31, 2021 | 6.60 Mn |
| Sep 30, 2021 | -8.10 Mn |
Edwards Lifesciences Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=EW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "EW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=EW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();