Edwards Lifesciences (EW) Gross Margin (2009 - 2026)
Edwards Lifesciences (EW) posted Gross Margin of 77.46% for Q2 2026, down 0.7% on a QoQ basis from 78.01% in Q1 2026, and down 6.0% year-over-year from 82.41% in Q2 2025.
Analysis
Edwards Lifesciences (EW) Gross Margin (2009 - 2026) Analysis & Trends
Edwards Lifesciences has reported Gross Margin for 18 years, with the latest figure at 77.46% in Q2 2026.
- On a quarterly basis, Gross Margin fell 6.0% year-over-year to 77.46% in Q2 2026; TTM through Jun 2026 was 77.84%, a 103.0% decrease from a year earlier, with the FY2025 full-year figure at 78.01%, down 144.0% from the prior year.
- Gross Margin was 77.46% for Q2 2026 at Edwards Lifesciences, down from 78.01% in the prior quarter.
- The five-year high for Gross Margin was 122.98% in Q4 2022, with the low at 77.46% in Q2 2026.
- Average Gross Margin over 5 years is 81.62%, with a median of 79.38% recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Gross Margin soared 4626 bps in 2022, then slumped 4280 bps in 2023.
- Over 5 years, Gross Margin stood at 122.98% in 2022, then sank by 35 bps to 80.18% in 2023, then retreated by 2 bps to 78.91% in 2024, then decreased by 1 bps to 78.15% in 2025, then declined by 1 bps to 77.46% in 2026.
- The last three Gross Margin figures came in at 77.46% (Q2 2026), 78.01% (Q1 2026), and 78.15% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 184.79 Bn | 179.19 Bn | 7.27 Bn | 57.71% |
| 2 | Intuitive Surgical | 124.38 Bn | 119.16 Bn | 1.96 Bn | 67.78% |
| 3 | Medtronic | 118.45 Bn | 109.63 Bn | 6.34 Bn | 64.99% |
| 4 | Stryker | 105.32 Bn | 101.84 Bn | 4.50 Bn | 68.27% |
| 5 | Boston Scientific | 66.71 Bn | 66.17 Bn | 3.85 Bn | 70.71% |
| 6 | Edwards Lifesciences | 49.81 Bn | 45.56 Bn | 1.35 Bn | 77.46% |
| 7 | Alcon | 34.03 Bn | 32.58 Bn | 1.68 Bn | 60.21% |
| 8 | Dexcom | 32.35 Bn | 30.40 Bn | 830.00 Mn | 63.44% |
| 9 | Steris | 21.17 Bn | 20.68 Bn | 684.20 Mn | 45.84% |
| 10 | Zimmer Biomet Holdings | 18.27 Bn | 17.86 Bn | 1.54 Bn | 70.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 77.46% |
| Mar 31, 2026 | 78.01% |
| Dec 31, 2025 | 78.15% |
| Sep 30, 2025 | 77.77% |
| Jun 30, 2025 | 77.52% |
| Mar 31, 2025 | 78.65% |
| Dec 31, 2024 | 78.91% |
| Sep 30, 2024 | 80.59% |
| Jun 30, 2024 | 79.88% |
| Mar 31, 2024 | 78.43% |
| Dec 31, 2023 | 80.18% |
| Sep 30, 2023 | 79.85% |
| Jun 30, 2023 | 80.62% |
| Mar 31, 2023 | 81.25% |
| Dec 31, 2022 | 122.98% |
| Sep 30, 2022 | 80.76% |
| Jun 30, 2022 | 80.39% |
| Mar 31, 2022 | 77.68% |
| Dec 31, 2021 | 76.72% |
| Sep 30, 2021 | 76.21% |