Edwards Lifesciences (EW) Operating Expenses (2009 - 2026)

Edwards Lifesciences (EW) recorded quarterly Operating Expenses of $822.6 million in Q1 2026, up 7.26% quarter-over-quarter from $766.9 million in Q4 2025, and up 13.54% on a YoY basis from $724.5 million in Q1 2025.

Edwards Lifesciences (EW) Operating Expenses (2009 - 2026) Analysis & Trends

Edwards Lifesciences' Operating Expenses history runs 18 years deep, the most recent figure standing at $822.6 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 13.54% year-over-year to $822.6 million; the TTM figure through Mar 2026 stood at $3.2 billion (up 9.22% YoY), while the FY2025 annual figure was $3.2 billion, up 10.23% from the prior year.
  • Operating Expenses was $822.6 million for Q1 2026 at Edwards Lifesciences, up from $766.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $822.6 million in Q1 2026 to a low of $381.5 million in Q4 2022.
  • Historically, Operating Expenses has averaged $696.8 million across 5 years, with a median of $719.3 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses tumbled 42.54% in 2022, then jumped 75.26% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $381.5 million in 2022, then surged by 75.26% to $668.6 million in 2023, then gained by 15.24% to $770.5 million in 2024, then slipped by 0.47% to $766.9 million in 2025, then climbed by 7.26% to $822.6 million in 2026.
  • The last three Operating Expenses figures came in at $822.6 million (Q1 2026), $766.9 million (Q4 2025), and $795.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 9.82 Bn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 2.87 Bn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 3.76 Bn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 822.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -668.50 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 495.00 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 1.46 Bn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 380.30 Mn
10 Zimmer Biomet Holdings 17.18 Bn 16.77 Bn 1.51 Bn 1.71 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 822.60 Mn
Dec 31, 2025 766.90 Mn
Sep 30, 2025 795.40 Mn
Jun 30, 2025 782.40 Mn
Mar 31, 2025 724.50 Mn
Dec 31, 2024 770.50 Mn
Sep 30, 2024 685.60 Mn
Jun 30, 2024 719.30 Mn
Mar 31, 2024 685.10 Mn
Dec 31, 2023 668.60 Mn
Sep 30, 2023 626.90 Mn
Jun 30, 2023 802.00 Mn
Mar 31, 2023 734.50 Mn
Dec 31, 2022 381.50 Mn
Sep 30, 2022 608.50 Mn
Jun 30, 2022 665.90 Mn
Mar 31, 2022 606.00 Mn
Dec 31, 2021 663.90 Mn
Sep 30, 2021 607.10 Mn
Jun 30, 2021 602.20 Mn