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EDWARDS LIFESCIENCES CORP

CIK: 1099800 SIC: 3842
$6.07B
Revenue
$1.07B
Net Income
78.01%
Gross Margin
20.84%
Op. Margin
$2.02B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 16 of 16 annual reports available (2010 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
+ Total Revenue $6.07B $6.07B $5.44B $6.00B $5.38B $5.23B $4.39B $4.35B $3.72B $3.44B $2.96B $2.49B $2.32B $2.05B $1.90B $1.68B $1.45B
Revenue Growth % 0.0% 11.5% -9.4% 11.6% 2.9% 19.3% 0.9% 16.8% 8.4% 15.9% 18.8% 7.4% 13.6% 7.7% 13.2% 16.0% nan%
Cost of Revenue $1.33B $1.33B $1.12B $1.38B $1.08B $1.25B $1.08B $1.11B $939.40M $875.30M $797.40M $617.20M $625.60M $522.40M $494.60M $489.80M $408.30M
+ Gross Profit $4.73B $4.73B $4.32B $4.62B $4.30B $3.98B $3.31B $3.23B $2.78B $2.56B $2.17B $1.88B $1.70B $1.52B $1.41B $1.19B $1.04B
Gross Margin % 78.0% 78.0% 79.5% 77.0% 79.9% 76.1% 75.4% 74.4% 74.8% 74.5% 73.1% 75.2% 73.1% 74.5% 74.0% 70.8% 71.8%
Research & Development $1.08B $1.08B $1.05B $1.07B $945.20M $903.10M $760.70M $752.70M $622.20M $552.60M $443.30M $383.10M $346.50M $323.00M $291.30M $246.30M $204.40M
Selling General & Admin $2.09B $2.09B $1.79B $1.82B $1.57B $1.49B $1.23B $1.24B $1.09B $984.70M $904.70M $850.70M $858.00M $745.60M $705.30M $642.40M $550.00M
+ Operating Income $1.26B $1.26B $1.38B $1.53B $1.75B $1.69B $897.60M $1.15B $748.20M $1.09B $751.20M - - - - - -
Operating Margin % 20.8% 20.8% 25.3% 25.5% 32.5% 32.3% 20.5% 26.4% 20.1% 31.7% 25.3% nan% nan% nan% nan% nan% nan%
Interest Expense - $20.20M $19.60M $17.60M $19.20M $18.40M $15.80M $20.70M $29.90M $23.20M $19.20M $17.20M $17.20M $9.80M $4.40M $3.10M $2.40M
Interest Income - $168.80M $120.30M $67.20M $35.50M $17.40M $23.40M $32.20M $32.00M $20.30M $10.80M $7.90M $6.40M $4.60M $4.80M $3.40M $900.00K
Other Income/Expense $7.20M $7.20M $68.90M $14.40M $2.60M $12.70M $11.50M $8.20M $4.00M $-8.20M $-4.90M $-4.00M $-7.70M - - $4.80M $8.10M
Income Before Tax $1.27B $1.27B $1.55B $1.60B $1.77B $1.70B $916.70M $1.17B $761.40M $1.03B $737.90M $622.40M $1.14B $515.30M $391.10M $283.60M $268.20M
Income Tax Expense $216.90M $216.90M $152.10M $198.70M $245.50M $198.90M $93.30M $119.60M $39.20M $451.30M $168.40M $127.50M $332.90M $123.60M $97.90M $46.90M $50.20M
+ Net Income $1.07B $1.07B $4.17B $1.40B $1.52B $1.50B $823.40M $1.05B $722.20M $583.60M $569.50M $494.90M $811.10M $391.70M $293.20M $236.70M $218.00M
Net Margin % 17.7% 17.7% 76.7% 23.4% 28.3% 28.7% 18.8% 24.1% 19.4% 17.0% 19.2% 19.8% 34.9% 19.1% 15.4% 14.1% 15.1%
Basic EPS 1.84 1.84 6.98 2.31 2.46 2.41 1.32 5.03 3.45 2.77 2.67 2.30 7.62 3.51 2.55 2.07 1.92
Diluted EPS 1.83 1.83 6.97 2.30 2.44 2.38 1.30 4.93 3.38 2.70 2.61 2.25 7.48 3.44 2.48 1.98 1.83
Basic Shares Outstanding - 584.8M 597.7M 606.7M 619.0M 623.3M 622.6M 208.3M 209.2M 210.9M 213.0M 215.5M 106.5M 111.7M 114.9M 114.6M 113.7M
Diluted Shares Outstanding - 585.8M 599.3M 609.4M 624.2M 631.2M 631.9M 212.2M 213.6M 215.9M 217.8M 220.3M 108.5M 113.8M 118.3M 119.4M 119.2M
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
Cash & Cash Equivalents $2.94B $3.05B $1.14B $769.00M $862.80M $1.18B $1.18B $714.10M $818.30M $930.10M $718.40M $653.80M $420.40M $310.90M $171.20M $396.10M
Short-term Investments $1.29B $930.70M $500.50M $446.30M $604.00M $219.40M $337.80M $242.40M $519.20M $341.00M $506.30M $785.00M $516.50M - - -
Accounts Receivable $659.60M $609.10M $775.10M $643.00M $582.20M $514.60M $543.60M $456.90M $421.60M $365.50M $315.40M $288.00M $302.50M $321.10M $283.80M $277.30M
Inventory $1.13B $1.09B $1.17B $875.50M $726.70M $802.30M $640.90M $607.00M $554.90M $396.60M $339.90M $296.80M $308.90M $281.00M $261.30M $203.60M
Other Current Assets $339.30M $347.60M $239.30M $195.90M $237.10M $208.20M $168.00M $131.80M $116.90M $111.80M $94.10M $121.70M $71.80M $57.00M $57.10M $43.10M
Total Current Assets $6.74B $6.29B $4.04B $3.10B $3.18B $3.09B $2.98B $2.29B $2.53B $2.24B $2.05B $2.29B $1.73B $1.29B $1.17B $1.03B
Property Plant & Equipment $1.81B $1.69B $1.75B $1.63B $1.55B $1.40B $1.06B $867.50M $679.70M $580.00M $482.50M $442.90M $421.60M $373.30M $304.30M $269.80M
Goodwill $1.77B $1.78B $1.25B $1.16B $1.17B $1.17B $1.17B $1.11B $1.13B $626.10M $628.30M $376.00M $385.40M $384.70M $349.80M $315.20M
Intangible Assets $1.13B $1.18B $428.40M $285.20M $323.60M $331.40M $336.50M $343.20M $468.00M $204.80M $205.40M $23.40M $57.20M $67.00M $66.90M $67.10M
Long-term Investments $278.60M $307.90M $583.90M $1.24B $1.83B $801.60M $585.50M $506.30M $567.00M $532.10M $379.90M $240.90M $21.90M $21.10M $21.80M $25.00M
Other Non-current Assets $730.20M $721.60M $463.70M $299.10M $110.80M $119.60M $101.80M $33.60M $108.90M $123.20M $131.20M $49.20M $35.40M $26.30M $24.60M $13.00M
Total Assets $13.70B $13.06B $9.36B $8.29B $8.50B $7.24B $6.49B $5.32B $5.70B $4.51B $4.06B $3.52B $2.72B $2.22B $1.98B $1.77B
Accounts Payable $227.50M $197.40M $201.40M $201.90M $204.50M $196.50M $180.40M $134.00M $116.60M $97.10M $63.90M $58.20M $48.40M $74.70M $85.00M $47.60M
Accrued Liabilities - - - - - - - - - - - - - $263.20M $234.80M $226.10M
Total Current Liabilities $1.81B $1.51B $1.20B $1.02B $1.03B $893.90M $902.40M $876.60M $1.40B $532.50M $476.20M $434.40M $345.60M $347.40M $335.20M $337.80M
Long-term Debt $598.30M $597.70M $597.00M $596.30M $595.70M $595.00M $594.40M $593.80M $438.40M $822.30M $599.90M $598.10M $593.10M $189.30M - -
Other Non-current Liabilities $362.30M $357.50M $264.30M $217.50M $267.30M $252.40M $203.30M $150.00M $147.10M $306.40M $285.40M $105.60M $100.40M $205.50M $157.00M $121.20M
Total Liabilities $3.36B $2.99B $2.64B $2.49B $2.67B $2.66B - - - - - - - - - -
Common Stock $658.70M $654.80M $650.50M $646.30M $642.00M $636.40M $218.10M $215.20M $212.00M $242.60M $239.10M $128.90M $126.00M $124.20M $120.00M $117.00M
Retained Earnings $14.24B $13.17B $8.99B $7.59B $6.07B $4.57B $3.74B $2.69B $1.96B $3.91B $3.34B $2.84B $2.05B $1.65B $1.36B $1.12B
Treasury Stock - - - - $2.42B $1.90B $1.28B $1.02B $252.10M $2.50B $1.84B $1.56B $1.26B $749.90M $405.80M $102.00M
Total Stockholders Equity $10.34B $10.00B $6.65B $5.81B $5.84B $4.57B $4.15B $3.14B $2.96B $2.62B $2.50B $2.19B $1.56B $1.48B $1.34B $1.31B
Total Liabilities & Equity $13.70B $13.06B $9.36B $8.29B $8.50B $7.24B $6.49B $5.32B $5.70B $4.51B $4.06B $3.52B $2.72B $2.22B $1.98B $1.77B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
Net Income $1.43B $1.07B $4.17B $1.40B $1.52B $1.50B - - - - - - - - - - $218.00M
Depreciation & Amortization $267.90M $156.60M $155.20M $144.90M $139.60M $134.80M $107.20M $89.30M $77.40M $81.90M $71.20M $65.80M $68.60M $68.70M $57.30M $58.00M $56.50M
Stock-based Compensation $276.00M $158.10M $162.30M $139.40M $126.80M $109.30M $92.60M $81.30M $71.00M $61.60M $56.90M $49.90M $48.30M $47.40M $42.10M $35.00M $29.30M
Deferred Income Tax - $-65.80M $-162.80M $-242.40M - - - - - - - - - - - - -
Change in Inventory $-92.10M $-50.70M $256.10M $289.00M $213.40M $-19.00M $120.60M $105.40M $65.70M $124.00M $65.60M $67.70M $30.50M $44.40M $21.70M $57.00M $36.80M
Operating Cash Flow $2.45B $1.60B $542.30M $895.80M $1.22B $1.73B $1.05B $1.18B $926.80M $1.00B $704.40M $549.70M - - - - $251.40M
Capital Expenditure $421.50M $260.20M $252.40M $253.00M $244.60M $325.80M $407.00M $254.40M $238.70M $168.10M $176.10M $102.70M $82.90M $109.00M $120.70M $82.90M $61.80M
Acquisitions - - - - - - - $100.20M - $192.90M - $331.60M $15.00M - $36.60M $42.60M -
Investing Cash Flow $-714.40M $-712.90M $2.31B $173.80M $252.30M $-1.72B $-531.10M $-595.80M $76.70M $-647.20M $-211.70M $-316.10M - - - - $-61.50M
Debt Repayment - - - - - - - - - - - - - $895.40M $367.50M $421.70M -
Stock Repurchased $1.42B $893.40M $1.16B $879.60M $1.73B $512.80M $625.40M $263.30M $795.50M $763.30M $662.30M $280.10M $300.90M $496.90M $344.10M $303.40M $200.00M
Financing Cash Flow $-1.42B $-956.80M $-983.00M $-711.00M $-1.58B $-356.30M $-486.90M $-115.60M $-1.10B $-473.20M $-268.50M $-158.60M - - - - $-103.90M
Net Change in Cash $201.90M $-119.30M $1.91B $375.40M $-94.80M $-332.80M $15.80M $465.00M $-104.20M $-111.80M $211.70M $64.60M $233.40M $109.50M $139.70M $-224.90M $62.00M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $1.55B - $4.50B -
Cost of Revenue $345.20M - $991.20M -
Gross Profit $1.21B - $3.51B -
Research & Development $280.70M - $811.50M -
Selling General & Admin $514.60M - $1.48B -
Operating Income $307.10M - $1.11B -
Other Income/Expense $2.70M - $4.00M -
Income Before Tax $348.40M - $1.18B -
Income Tax Expense $56.10M - $190.70M -
Net Income $291.10M $365.00M $982.30M -
Basic EPS 0.50 - 1.68 -
Diluted EPS 0.50 - 1.67 -
Basic Shares Outstanding $584.70M - $586.20M -
Diluted Shares Outstanding $585.70M - $587.20M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $2.69B $3.05B
Short-term Investments $1.16B $930.70M
Accounts Receivable $693.30M $609.10M
Inventory $1.14B $1.09B
Other Current Assets $323.40M $347.60M
Total Current Assets $6.36B $6.29B
Property Plant & Equipment $1.74B $1.69B
Goodwill $1.77B $1.78B
Intangible Assets $1.13B $1.18B
Long-term Investments $274.70M $307.90M
Other Non-current Assets $784.80M $721.60M
Total Assets $13.27B $13.06B
Accounts Payable $165.00M $197.40M
Total Current Liabilities $1.59B $1.51B
Long-term Debt $598.20M $597.70M
Other Non-current Liabilities $362.60M $426.00M
Total Liabilities $3.07B $2.99B
Common Stock $658.20M $654.80M
Retained Earnings $14.15B $13.17B
Total Stockholders Equity $10.21B $10.00B
Total Liabilities & Equity $13.27B $13.06B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $291.10M $365.00M $982.30M -
Depreciation & Amortization - - $113.90M -
Stock-based Compensation - - $118.90M -
Change in Inventory - - $-39.70M -
Operating Cash Flow - - $1.14B -
Capital Expenditure - - $162.80M -
Investing Cash Flow - - $-514.60M -
Stock Repurchased - - $852.80M -
Financing Cash Flow - - $-945.40M -
Net Change in Cash - - $-364.00M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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