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

Edwards Lifesciences' (EW) 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 (EW) Free Cash Flow (2009 - 2026) Analysis & Trends

Edwards Lifesciences' Free Cash Flow history runs 18 years deep, the most recent figure standing at -$21.1 million for Q1 2026.

  • On a quarterly basis, Free Cash Flow fell 109.4% year-over-year to -$21.1 million in Q1 2026; TTM through Mar 2026 was $1.1 billion, a 72.09% increase from a year earlier, with the FY2025 full-year figure at $1.3 billion, up 360.5% from the prior year.
  • Free Cash Flow eased to -$21.1 million in Q1 2026 per EW's latest filing, from $353.5 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $516.2 million in Q3 2025 and bottomed at -$177.3 million in Q4 2024.
  • The 5-year median for Free Cash Flow is $240.9 million (2025), against an average of $189.4 million.
  • Biggest YoY gain for Free Cash Flow was 2100.7% in 2024; the steepest drop was 467.08% in 2024.
  • Year by year, Free Cash Flow stood at $213.9 million in 2022, then tumbled by 77.42% to $48.3 million in 2023, then sank by 467.08% to -$177.3 million in 2024, then jumped by 299.38% to $353.5 million in 2025, then tumbled by 105.97% to -$21.1 million in 2026.
  • Per Business Quant, the three latest EW Free Cash Flow figures stand at -$21.1 million (Q1 2026), $353.5 million (Q4 2025), and $516.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 916.00 Mn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 415.00 Mn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 2.09 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 171.00 Mn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn -21.10 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 449.00 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn 305.56 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 112.00 Mn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Steris 20.59 Bn 20.16 Bn 697.10 Mn 245.20 Mn

Historic Data

Download Data
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