Edwards Lifesciences (EW) Operating Expenses (2009 - 2026)
Edwards Lifesciences (EW) posted quarterly Operating Expenses of $785.5 million for Q1 2026, up 8.42% year-over-year from $724.5 million in Q1 2025, and down 27.21% quarter-over-quarter from $1.1 billion in Q4 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 $785.5 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 8.42% year-over-year to $785.5 million; the TTM figure through Mar 2026 stood at $3.5 billion (up 20.9% YoY), while the FY2025 annual figure was $3.5 billion, up 21.06% from the prior year.
- Operating Expenses for Q1 2026 stood at $785.5 million, down from $1.1 billion in the prior quarter.
- The five-year high for Operating Expenses was $1.1 billion in Q4 2025, with the low at $381.5 million in Q4 2022.
- The 5-year median for Operating Expenses is $719.3 million (2024), against an average of $720.5 million.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses slumped 42.54% in 2022, then soared 75.26% in 2023.
- Edwards Lifesciences' Operating Expenses stood at $381.5 million in 2022, then jumped by 75.26% to $668.6 million in 2023, then rose by 15.24% to $770.5 million in 2024, then jumped by 40.06% to $1.1 billion in 2025, then retreated by 27.21% to $785.5 million in 2026.
- Business Quant data shows EW's Operating Expenses at $785.5 million in Q1 2026, $1.1 billion in Q4 2025, and $885.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.52 Bn | 193.92 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Stryker | 129.55 Bn | 126.07 Bn | 4.50 Bn | 2.84 Bn |
| 3 | Medtronic | 119.60 Bn | 110.38 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 73.64 Bn | 73.10 Bn | 3.85 Bn | 2.67 Bn |
| 5 | Edwards Lifesciences | 52.33 Bn | 48.08 Bn | 1.35 Bn | 846.40 Mn |
| 6 | Dexcom | 34.69 Bn | 32.74 Bn | 830.00 Mn | 511.70 Mn |
| 7 | GE HealthCare Technologies | 34.10 Bn | 31.99 Bn | 2.18 Bn | 1.44 Bn |
| 8 | Koninklijke Philips | 26.43 Bn | 23.11 Bn | 4.55 Bn | -741.59 Mn |
| 9 | Steris | 23.23 Bn | 22.75 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Zimmer Biomet Holdings | 19.34 Bn | 18.93 Bn | 1.54 Bn | 1.85 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 846.40 Mn |
| Mar 31, 2026 | 785.50 Mn |
| Dec 31, 2025 | 1.08 Bn |
| Sep 30, 2025 | 885.70 Mn |
| Jun 30, 2025 | 782.40 Mn |
| Mar 31, 2025 | 724.50 Mn |
| Dec 31, 2024 | 770.50 Mn |
| Sep 30, 2024 | 707.70 Mn |
| Jun 30, 2024 | 719.30 Mn |
| Mar 31, 2024 | 694.00 Mn |
| Dec 31, 2023 | 668.60 Mn |
| Sep 30, 2023 | 626.90 Mn |
| Jun 30, 2023 | 802.00 Mn |
| Mar 31, 2023 | 741.00 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 |