Edwards Lifesciences (EW) Research & Development (2009 - 2026)
Edwards Lifesciences' quarterly Research & Development came in at $263.3 million in Q1 2026, up 3.42% year-on-year from $254.6 million in Q1 2025, and down 1.64% quarter-over-quarter from $267.7 million in Q4 2025.
Edwards Lifesciences has reported Research & Development for 18 years, with the latest figure at $263.3 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 3.42% year-over-year to $263.3 million; the trailing twelve-month figure through Mar 2026 stood at $1.1 billion (up 3.52% YoY), and the FY2025 full-year result was $1.1 billion, up 2.49% from the prior year.
- Research & Development for Q1 2026 stood at $263.3 million, down from $267.7 million in the prior quarter.
- The five-year high for Research & Development was $280.7 million in Q3 2025, with the low at $130.6 million in Q4 2022.
- Average Research & Development over 5 years is $248.8 million, with a median of $254.6 million recorded in 2025.
- Year-over-year, Research & Development slumped 43.9% in 2022 and jumped 85.38% in 2023.
- Tracing EW's Research & Development over 5 years: stood at $130.6 million in 2022, then surged by 85.38% to $242.1 million in 2023, then grew by 11.98% to $271.1 million in 2024, then fell by 1.25% to $267.7 million in 2025, then declined 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 | 152.82 Bn | 146.17 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 722.00 Mn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -461.27 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 145.30 Mn |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 28.80 Mn |
| 10 | Zimmer Biomet Holdings | 16.17 Bn | 15.75 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 |
| Mar 31, 2021 | 207.00 Mn |
| Dec 31, 2020 | 195.70 Mn |
| Sep 30, 2020 | 195.50 Mn |
| Jun 30, 2020 | 182.10 Mn |
| Mar 31, 2020 | 187.40 Mn |
| Dec 31, 2019 | 193.90 Mn |
| Sep 30, 2019 | 195.50 Mn |
| Jun 30, 2019 | 191.90 Mn |
| Mar 31, 2019 | 171.40 Mn |
| Dec 31, 2018 | 163.10 Mn |
| Sep 30, 2018 | 161.80 Mn |
| Jun 30, 2018 | 154.10 Mn |
| Mar 31, 2018 | 143.20 Mn |
| Dec 31, 2017 | 146.60 Mn |
| Sep 30, 2017 | 142.90 Mn |
| Jun 30, 2017 | 134.40 Mn |
| Mar 31, 2017 | 128.70 Mn |
| Dec 31, 2016 | 114.90 Mn |
| Sep 30, 2016 | 113.00 Mn |
| Jun 30, 2016 | 112.50 Mn |
| Mar 31, 2016 | 101.80 Mn |
| Dec 31, 2015 | 98.00 Mn |
| Sep 30, 2015 | 101.00 Mn |
| Jun 30, 2015 | 97.50 Mn |
| Mar 31, 2015 | 86.40 Mn |
| Dec 31, 2014 | 84.00 Mn |
| Sep 30, 2014 | 87.60 Mn |
| Jun 30, 2014 | 89.10 Mn |
| Mar 31, 2014 | 85.80 Mn |
| Dec 31, 2013 | 78.60 Mn |
| Sep 30, 2013 | 84.10 Mn |
| Jun 30, 2013 | 80.50 Mn |
| Mar 31, 2013 | 79.80 Mn |
| Dec 31, 2012 | 74.90 Mn |
| Sep 30, 2012 | 73.80 Mn |
| Jun 30, 2012 | 74.00 Mn |
| Mar 31, 2012 | 68.60 Mn |
| Dec 31, 2011 | 60.70 Mn |
| Sep 30, 2011 | 61.70 Mn |
| Jun 30, 2011 | 64.90 Mn |
| Mar 31, 2011 | 59.00 Mn |
| Dec 31, 2010 | 55.90 Mn |
| Sep 30, 2010 | 52.70 Mn |
| Jun 30, 2010 | 50.60 Mn |
| Mar 31, 2010 | 45.20 Mn |
| Dec 31, 2009 | 48.30 Mn |
| Sep 30, 2009 | 44.70 Mn |
| Jun 30, 2009 | 42.60 Mn |