Edwards Lifesciences (EW) Research & Development (2009 - 2026)
Edwards Lifesciences (EW) posted Research & Development of $278.9 million for Q2 2026, up 5.92% on a QoQ basis from $263.3 million in Q1 2026, and up 0.98% year-over-year from $276.2 million in Q2 2025.
Analysis
Edwards Lifesciences (EW) Research & Development (2009 - 2026) Analysis & Trends
Edwards Lifesciences has reported Research & Development for 18 years, with the latest figure at $278.9 million in Q2 2026.
- On a quarterly basis, Research & Development rose 0.98% year-over-year to $278.9 million in Q2 2026; TTM through Jun 2026 was $1.1 billion, a 3.35% increase from a year earlier, with the FY2025 full-year figure at $1.1 billion, up 2.49% from the prior year.
- Research & Development was $278.9 million for Q2 2026 at Edwards Lifesciences, up from $263.3 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 $250.4 million, with a median of $255.6 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Research & Development sank 43.9% in 2022, then soared 85.38% in 2023.
- Over 5 years, Research & Development 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 grew by 4.18% to $278.9 million in 2026.
- The last three Research & Development figures came in at $278.9 million (Q2 2026), $263.3 million (Q1 2026), and $267.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 370.60 Mn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 771.00 Mn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 434.00 Mn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 554.00 Mn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 278.90 Mn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | -663.00 Mn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 153.00 Mn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 28.60 Mn |
| 10 | Zimmer Biomet Holdings | 18.20 Bn | 17.79 Bn | 1.54 Bn | 104.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 278.90 Mn |
| 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 |