Edwards Lifesciences (EW) Gross Margin (2009 - 2026)
Edwards Lifesciences (EW) reported Gross Margin of 78.48% for Q3 2026, up 0.71 percentage points from 77.77% a year earlier and up 1.02 percentage points from the prior quarter.
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Analysis
Edwards Lifesciences (EW) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Edwards Lifesciences' Gross Margin came in at 78.02%, down 0.17 percentage points year-over-year; for FY2025, it came in at 78.01%, down 1.44 percentage points from FY2024.
- Gross Margin has declined for three consecutive years, though with a five-year change of +2.65 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 79.46% in FY2024 (-1.02 pp), 80.47% in FY2023 (-3.32 pp), 83.79% in FY2022 (+7.66 pp) and 76.13% in FY2021 (+0.77 pp).
- The Q3 2026 figure ranks as the highest quarterly Gross Margin since Q1 2025.
- Year over year, Gross Margin gained in two of the last eight quarters, with an average year-over-year change of -0.87 percentage points.
- The high point for year-over-year Gross Margin in five years was Q4 2022 (a gain of 46.26 percentage points); the low point was Q4 2023 (a drop of 42.80 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 77.46% (Q2 2026), 78.01% (Q1 2026) and 78.15% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 257.79 Bn | 234.30 Bn | 5.13 Bn | 42.28% |
| 2 | Abbott Laboratories | 190.83 Bn | 164.70 Bn | 7.39 Bn | 56.75% |
| 3 | Danaher | 162.10 Bn | 141.75 Bn | 3.84 Bn | 58.54% |
| 4 | Intuitive Surgical | 158.05 Bn | 138.34 Bn | 2.08 Bn | 68.37% |
| 5 | Medtronic | 130.31 Bn | 95.56 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 124.76 Bn | 110.95 Bn | 4.25 Bn | 65.15% |
| 7 | Boston Scientific | 62.03 Bn | 57.46 Bn | 3.43 Bn | 66.72% |
| 8 | Edwards Lifesciences | 58.73 Bn | 41.94 Bn | 1.35 Bn | 78.48% |
| 9 | Becton Dickinson | 58.33 Bn | 55.48 Bn | 2.32 Bn | 46.46% |
| 10 | Agilent Technologies | 49.29 Bn | 42.18 Bn | 1.04 Bn | 55.48% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 78.48% |
| 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% |
API Access
Edwards Lifesciences Gross Margin 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=gross-margin&ticker=EW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=EW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();