Edwards Lifesciences (EW) Operating Expenses (2009 - 2026)
Edwards Lifesciences' quarterly Operating Expenses came in at $822.6 million in Q1 2026, up 13.54% year-on-year from $724.5 million in Q1 2025, and up 7.26% quarter-over-quarter from $766.9 million in Q4 2025.
Edwards Lifesciences has reported Operating Expenses for 18 years, with the latest figure at $822.6 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 13.54% year-over-year to $822.6 million; the trailing twelve-month figure through Mar 2026 stood at $3.2 billion (up 9.22% YoY), and the FY2025 full-year result was $3.2 billion, up 10.23% from the prior year.
- Operating Expenses for Q1 2026 stood at $822.6 million, up from $766.9 million in the prior quarter.
- The five-year high for Operating Expenses was $822.6 million in Q1 2026, with the low at $381.5 million in Q4 2022.
- Average Operating Expenses over 5 years is $696.8 million, with a median of $719.3 million recorded in 2024.
- Year-over-year, Operating Expenses tumbled 42.54% in 2022 and soared 75.26% in 2023.
- Tracing EW's Operating Expenses over 5 years: stood at $381.5 million in 2022, then soared by 75.26% to $668.6 million in 2023, then advanced by 15.24% to $770.5 million in 2024, then dropped by 0.47% to $766.9 million in 2025, then grew 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 | 152.82 Bn | 146.17 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 3.76 Bn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 822.60 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -668.50 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 495.00 Mn |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 380.30 Mn |
| 10 | Zimmer Biomet Holdings | 16.17 Bn | 15.75 Bn | 1.51 Bn | 1.71 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 544.20 Mn |
| Dec 31, 2020 | 538.80 Mn |
| Sep 30, 2020 | 511.10 Mn |
| Jun 30, 2020 | 824.90 Mn |
| Mar 31, 2020 | 507.70 Mn |
| Dec 31, 2019 | 555.00 Mn |
| Sep 30, 2019 | 509.60 Mn |
| Jun 30, 2019 | 507.40 Mn |
| Mar 31, 2019 | 456.30 Mn |
| Dec 31, 2018 | 646.10 Mn |
| Sep 30, 2018 | 439.20 Mn |
| Jun 30, 2018 | 434.50 Mn |
| Mar 31, 2018 | 404.90 Mn |
| Dec 31, 2017 | 314.50 Mn |
| Sep 30, 2017 | 397.70 Mn |
| Jun 30, 2017 | 385.90 Mn |
| Mar 31, 2017 | 368.50 Mn |
| Dec 31, 2016 | 353.30 Mn |
| Sep 30, 2016 | 349.10 Mn |
| Jun 30, 2016 | 350.40 Mn |
| Mar 31, 2016 | 326.70 Mn |
| Dec 31, 2015 | 320.30 Mn |
| Sep 30, 2015 | 313.00 Mn |
| Jun 30, 2015 | 311.40 Mn |
| Mar 31, 2015 | 288.90 Mn |
| Dec 31, 2014 | 307.10 Mn |
| Sep 30, 2014 | 309.80 Mn |
| Jun 30, 2014 | 304.60 Mn |
| Mar 31, 2014 | 283.00 Mn |
| Dec 31, 2013 | 275.60 Mn |
| Sep 30, 2013 | 261.90 Mn |
| Jun 30, 2013 | 267.10 Mn |
| Mar 31, 2013 | 262.20 Mn |
| Dec 31, 2012 | 253.90 Mn |
| Sep 30, 2012 | 241.60 Mn |
| Jun 30, 2012 | 256.40 Mn |
| Mar 31, 2012 | 245.80 Mn |
| Dec 31, 2011 | 224.10 Mn |
| Sep 30, 2011 | 227.20 Mn |
| Jun 30, 2011 | 344.70 Mn |
| Mar 31, 2011 | 209.30 Mn |
| Dec 31, 2010 | 198.30 Mn |
| Sep 30, 2010 | 185.70 Mn |
| Jun 30, 2010 | 283.10 Mn |
| Mar 31, 2010 | 179.20 Mn |
| Dec 31, 2009 | 180.60 Mn |
| Sep 30, 2009 | 170.80 Mn |
| Jun 30, 2009 | 171.10 Mn |