Edwards Lifesciences (EW) Research & Development (2009 - 2026)
Edwards Lifesciences (EW) recorded quarterly Research & Development of $263.3 million in Q1 2026, down 1.64% quarter-over-quarter from $267.7 million in Q4 2025, and up 3.42% on a YoY basis from $254.6 million in Q1 2025.
Edwards Lifesciences (EW) Research & Development (2009 - 2026) Analysis & Trends
Edwards Lifesciences' Research & Development history runs 18 years deep, the most recent figure standing at $263.3 million for Q1 2026.
- In Q1 2026, Research & Development rose 3.42% year-over-year to $263.3 million; the TTM figure through Mar 2026 stood at $1.1 billion (up 3.52% YoY), while the FY2025 annual figure was $1.1 billion, up 2.49% from the prior year.
- Research & Development was $263.3 million for Q1 2026 at Edwards Lifesciences, down from $267.7 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $280.7 million in Q3 2025 to a low of $130.6 million in Q4 2022.
- Historically, Research & Development has averaged $248.8 million across 5 years, with a median of $254.6 million in 2025.
- The sharpest annual moves came in 2022 and 2023: Research & Development slumped 43.9% in 2022, then surged 85.38% in 2023.
- A 5-year view of Research & Development shows it stood at $130.6 million in 2022, then jumped by 85.38% to $242.1 million in 2023, then climbed by 11.98% to $271.1 million in 2024, then declined by 1.25% to $267.7 million in 2025, then dropped by 1.64% to $263.3 million in 2026.
- The last three Research & Development figures came in at $263.3 million (Q1 2026), $267.7 million (Q4 2025), and $280.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 722.00 Mn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -461.27 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 145.30 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 28.80 Mn |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 Bn | 1.51 Bn | 103.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 263.30 Mn |
| Dec 31, 2025 | 267.70 Mn |
| Sep 30, 2025 | 280.70 Mn |
| Jun 30, 2025 | 276.20 Mn |
| Mar 31, 2025 | 254.60 Mn |
| Dec 31, 2024 | 271.10 Mn |
| Sep 30, 2024 | 253.40 Mn |
| Jun 30, 2024 | 271.80 Mn |
| Mar 31, 2024 | 256.70 Mn |
| Dec 31, 2023 | 242.10 Mn |
| Sep 30, 2023 | 242.80 Mn |
| Jun 30, 2023 | 243.70 Mn |
| Mar 31, 2023 | 261.20 Mn |
| Dec 31, 2022 | 130.60 Mn |
| Sep 30, 2022 | 233.60 Mn |
| Jun 30, 2022 | 250.80 Mn |
| Mar 31, 2022 | 228.60 Mn |
| Dec 31, 2021 | 232.80 Mn |
| Sep 30, 2021 | 238.00 Mn |
| Jun 30, 2021 | 225.30 Mn |