Edwards Lifesciences (EW) Change in Inventory (2009 - 2026)
Edwards Lifesciences' Change in Inventory was $24.6 million in Q3 2026, compared with $1.8 million a year earlier and up 4.7% from the prior quarter.
Edwards Lifesciences (EW) Change in Inventory (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Edwards Lifesciences' Change in Inventory was $38.7 million through Sep 30, 2026, up 236.5% 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 Q3 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 Q3 2026 was $23.5 million (Q2 2026), $1.6 million (Q1 2026) and -$11 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 257.79 Bn | 234.30 Bn | 5.13 Bn | - |
| 2 | Abbott Laboratories | 190.83 Bn | 164.70 Bn | 7.39 Bn | 51.00 Mn |
| 3 | Danaher | 162.10 Bn | 141.75 Bn | 3.84 Bn | 51.00 Mn |
| 4 | Intuitive Surgical | 158.05 Bn | 138.34 Bn | 2.08 Bn | 307.40 Mn |
| 5 | Medtronic | 130.31 Bn | 95.56 Bn | 6.34 Bn | 240.00 Mn |
| 6 | Stryker | 124.76 Bn | 110.95 Bn | 4.25 Bn | 228.00 Mn |
| 7 | Boston Scientific | 62.03 Bn | 57.46 Bn | 3.43 Bn | 86.00 Mn |
| 8 | Edwards Lifesciences | 58.73 Bn | 41.94 Bn | 1.35 Bn | 24.60 Mn |
| 9 | Becton Dickinson | 58.33 Bn | 55.48 Bn | 2.32 Bn | - |
| 10 | Agilent Technologies | 49.29 Bn | 42.18 Bn | 1.04 Bn | 25.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.60 Mn |
| 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 |
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();