Edwards Lifesciences (EW) Gross Margin (2009 - 2026)
Edwards Lifesciences (EW) reported Gross Margin of 77.46% for Q2 2026, down 0.06 percentage points from 77.52% a year earlier and down 0.54 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 Jun 30, 2026, Edwards Lifesciences' Gross Margin came in at 77.84%, down 1.03 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 Q2 2026 figure ranks as the lowest quarterly Gross Margin since Q4 2021.
- Year over year, Gross Margin has now declined in each of the last five quarters, with an average year-over-year change of -0.87 percentage points over the last eight quarters.
- 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 Q2 2026 came in at 78.01% (Q1 2026), 78.15% (Q4 2025) and 77.77% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 40.70% |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 57.71% |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 57.64% |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 67.78% |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 68.27% |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 70.71% |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 46.46% |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 77.46% |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | 55.48% |
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% |
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();