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| 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 |