Edwards Lifesciences Corp
About Edwards Lifesciences Corp
Spun off from Baxter International in 2000, Edwards Lifesciences designs, manufactures, and markets a range of medical devices and equipment for advanced stages of structural heart disease. It has established itself as a leader across key products, including surgical tissue heart valves, transcatheter aortic valves, and transcatheter mitral and tricuspid valve technologies. The firm derives about 60% of its total sales from outside the US.
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Financial summary
- Revenue FY2025
- $6.1B
- Net income
- $1.1B
- Total assets
- $13.7B
- Market cap
- $49.5B
- Gross margin
- 78.0%
- Operating margin
- 20.8%
- Net margin
- 17.6%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $6.1B
- Cost of revenue
- $1.3B
- Gross profit
- $4.7B
- Operating expenses
- $3.5B
- Operating income
- $1.3B
- Income tax
- $216.9M
- Net income
- $1.1B
- EPS (basic)
- $1.84
- EPS (diluted)
- $1.83
Balance sheet
- Total assets
- $13.7B
- Current assets
- $6.7B
- Total liabilities
- $3.4B
- Current liabilities
- $1.8B
- Shareholders’ equity
- $10.3B
Cash flow
- Operating cash flow
- $1.6B
- Investing cash flow
- -$712.9M
- Financing cash flow
- -$956.8M
- Net cash flow
- -$119.3M
Statements via Polygon.io (SEC filings)
- Market cap
- $49.5B
- P/E ratio
- 47.0
- EPS (diluted)
- $1.83
- Shares outstanding
- 575.7M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Apr 3, 2000
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $1.1B in FY2025.
- Revenue grew 38% from FY2020 to FY2025.
- Gross margin of 78.0%, net margin 17.6%.
- Trading near its 52-week high.
- Valued at a price-to-earnings (P/E) ratio of 47.0.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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