Edwards Lifesciences (EW) Research & Development (2009 - 2026)
Edwards Lifesciences' (EW) 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 (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.
- On a quarterly basis, Research & Development rose 3.42% year-over-year to $263.3 million in Q1 2026; TTM through Mar 2026 was $1.1 billion, a 3.52% increase from a year earlier, with the FY2025 full-year figure at $1.1 billion, up 2.49% from the prior year.
- Research & Development eased to $263.3 million in Q1 2026 per EW's latest filing, from $267.7 million in the prior quarter.
- Across five years, Research & Development topped out at $280.7 million in Q3 2025 and bottomed at $130.6 million in Q4 2022.
- The 5-year median for Research & Development is $254.6 million (2025), against an average of $248.8 million.
- Across the five-year window, Research & Development slumped 43.9% in 2022 and jumped 85.38% in 2023, its largest moves.
- Year by year, Research & Development 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.
- Per Business Quant, the three latest EW Research & Development figures stand at $263.3 million (Q1 2026), $267.7 million (Q4 2025), and $280.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 145.30 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -461.27 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | 28.80 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 |