Growth Metrics

Edwards Lifesciences (EW) Free Cash Flow (2009 - 2026)

Edwards Lifesciences' quarterly Free Cash Flow came in at -$21.1 million in Q1 2026, down 109.4% year-on-year from $224.4 million in Q1 2025, and down 105.97% quarter-over-quarter from $353.5 million in Q4 2025.

Edwards Lifesciences has reported Free Cash Flow for 18 years, with the latest figure at -$21.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow fell 109.4% year-over-year to -$21.1 million; the trailing twelve-month figure through Mar 2026 stood at $1.1 billion (up 72.09% YoY), and the FY2025 full-year result was $1.3 billion, up 360.5% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$21.1 million, down from $353.5 million in the prior quarter.
  • The five-year high for Free Cash Flow was $516.2 million in Q3 2025, with the low at -$177.3 million in Q4 2024.
  • Average Free Cash Flow over 5 years is $189.4 million, with a median of $240.9 million recorded in 2025.
  • Peak annual rise in Free Cash Flow reached 2100.7% in 2024, while the deepest fall reached 467.08% in 2024.
  • Tracing EW's Free Cash Flow over 5 years: stood at $213.9 million in 2022, then plunged by 77.42% to $48.3 million in 2023, then slumped by 467.08% to -$177.3 million in 2024, then surged by 299.38% to $353.5 million in 2025, then plunged by 105.97% to -$21.1 million in 2026.
  • The last three Free Cash Flow figures came in at -$21.1 million (Q1 2026), $353.5 million (Q4 2025), and $516.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 916.00 Mn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 415.00 Mn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 2.30 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 171.00 Mn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn -21.10 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 305.56 Mn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 449.00 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 204.00 Mn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 245.20 Mn
10 Zimmer Biomet Holdings 16.17 Bn 15.75 Bn 1.51 Bn 323.10 Mn

Historic Data

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DateValue
Mar 31, 2026 -21.10 Mn
Mar 31, 2026 -21.10 Mn
Dec 31, 2025 353.50 Mn
Dec 31, 2025 353.50 Mn
Sep 30, 2025 516.20 Mn
Sep 30, 2025 516.20 Mn
Jun 30, 2025 240.90 Mn
Jun 30, 2025 240.90 Mn
Mar 31, 2025 224.40 Mn
Mar 31, 2025 224.40 Mn
Dec 31, 2024 -177.30 Mn
Dec 31, 2024 -177.30 Mn
Sep 30, 2024 299.90 Mn
Sep 30, 2024 299.90 Mn
Jun 30, 2024 286.10 Mn
Jun 30, 2024 286.10 Mn
Mar 31, 2024 -118.80 Mn
Mar 31, 2024 -118.80 Mn
Dec 31, 2023 48.30 Mn
Dec 31, 2023 48.30 Mn
Sep 30, 2023 356.20 Mn
Sep 30, 2023 356.20 Mn
Jun 30, 2023 -14.30 Mn
Jun 30, 2023 -14.30 Mn
Mar 31, 2023 252.60 Mn
Mar 31, 2023 252.60 Mn
Dec 31, 2022 213.90 Mn
Dec 31, 2022 213.90 Mn
Sep 30, 2022 250.00 Mn
Sep 30, 2022 250.00 Mn
Jun 30, 2022 289.10 Mn
Jun 30, 2022 289.10 Mn
Mar 31, 2022 220.60 Mn
Mar 31, 2022 220.60 Mn
Dec 31, 2021 283.80 Mn
Dec 31, 2021 283.80 Mn
Sep 30, 2021 471.20 Mn
Sep 30, 2021 471.20 Mn
Jun 30, 2021 456.80 Mn
Jun 30, 2021 456.80 Mn
Mar 31, 2021 194.50 Mn
Mar 31, 2021 194.50 Mn
Dec 31, 2020 286.60 Mn
Dec 31, 2020 286.60 Mn
Sep 30, 2020 112.80 Mn
Sep 30, 2020 112.80 Mn
Jun 30, 2020 123.00 Mn
Jun 30, 2020 123.00 Mn
Mar 31, 2020 124.90 Mn
Mar 31, 2020 124.90 Mn
Dec 31, 2019 331.40 Mn
Dec 31, 2019 331.40 Mn
Sep 30, 2019 361.20 Mn
Sep 30, 2019 361.20 Mn
Jun 30, 2019 276.60 Mn
Jun 30, 2019 276.60 Mn
Mar 31, 2019 -40.70 Mn
Mar 31, 2019 -40.70 Mn
Dec 31, 2018 235.30 Mn
Dec 31, 2018 235.30 Mn
Sep 30, 2018 257.20 Mn
Sep 30, 2018 257.20 Mn
Jun 30, 2018 87.40 Mn
Jun 30, 2018 87.40 Mn
Mar 31, 2018 108.10 Mn
Mar 31, 2018 108.10 Mn
Dec 31, 2017 312.00 Mn
Dec 31, 2017 312.00 Mn
Sep 30, 2017 268.50 Mn
Sep 30, 2017 268.50 Mn
Jun 30, 2017 136.60 Mn
Jun 30, 2017 136.60 Mn
Mar 31, 2017 115.50 Mn
Mar 31, 2017 115.50 Mn
Dec 31, 2016 44.70 Mn
Dec 31, 2016 44.70 Mn
Sep 30, 2016 251.00 Mn
Sep 30, 2016 251.00 Mn
Jun 30, 2016 153.20 Mn
Jun 30, 2016 153.20 Mn
Mar 31, 2016 79.40 Mn
Mar 31, 2016 79.40 Mn
Dec 31, 2015 153.90 Mn
Dec 31, 2015 153.90 Mn
Sep 30, 2015 146.10 Mn
Sep 30, 2015 146.10 Mn
Jun 30, 2015 182.10 Mn
Jun 30, 2015 182.10 Mn
Mar 31, 2015 52.50 Mn
Mar 31, 2015 52.50 Mn
Dec 31, 2014 92.30 Mn
Dec 31, 2014 92.30 Mn
Sep 30, 2014 35.10 Mn
Sep 30, 2014 35.10 Mn
Jun 30, 2014 762.00 Mn
Jun 30, 2014 762.00 Mn
Mar 31, 2014 124.60 Mn
Mar 31, 2014 124.60 Mn
Dec 31, 2013 91.20 Mn
Dec 31, 2013 91.20 Mn
Sep 30, 2013 46.20 Mn
Sep 30, 2013 46.20 Mn
Jun 30, 2013 130.90 Mn
Jun 30, 2013 130.90 Mn
Mar 31, 2013 95.40 Mn
Mar 31, 2013 95.40 Mn
Dec 31, 2012 70.60 Mn
Dec 31, 2012 70.60 Mn
Sep 30, 2012 105.60 Mn
Sep 30, 2012 105.60 Mn
Jun 30, 2012 125.60 Mn
Jun 30, 2012 125.60 Mn
Mar 31, 2012 -48.70 Mn
Mar 31, 2012 -48.70 Mn
Dec 31, 2011 133.00 Mn
Dec 31, 2011 133.00 Mn
Sep 30, 2011 95.90 Mn
Sep 30, 2011 95.90 Mn
Jun 30, 2011 67.30 Mn
Jun 30, 2011 67.30 Mn
Mar 31, 2011 1.00 Mn
Mar 31, 2011 1.00 Mn
Dec 31, 2010 72.30 Mn
Dec 31, 2010 72.30 Mn
Sep 30, 2010 80.00 Mn
Sep 30, 2010 80.00 Mn
Jun 30, 2010 32.30 Mn
Jun 30, 2010 32.30 Mn
Mar 31, 2010 5.00 Mn
Mar 31, 2010 5.00 Mn
Dec 31, 2009 42.20 Mn
Dec 31, 2009 42.20 Mn
Sep 30, 2009 59.40 Mn
Sep 30, 2009 59.40 Mn