Financials in USD. Standardized financial statements.
A compact view of how Edwards Lifesciences Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $6.07B | $5.44B | $5.01B | $5.38B | $5.23B | $4.39B | $4.35B | $3.72B | $3.44B | $2.96B |
| Revenue Growth? | +11.5% | +8.6% | -6.9% | +2.9% | +19.3% | +0.9% | +16.8% | +8.4% | +15.9% | 0.0% |
| Cost of Revenue? | $1.33B | $1.12B | $1.04B | $1.17B | $1.23B | $1.10B | $1.16B | $922.10M | $882.90M | $805.80M |
| Gross Profit? | $4.74B | $4.32B | $3.97B | $4.22B | $4.01B | $3.29B | $3.19B | $2.80B | $2.55B | $2.16B |
| Gross Margin? | +78.1% | +79.5% | +79.3% | +78.3% | +76.6% | +74.9% | +73.4% | +75.2% | +74.3% | +72.8% |
| Operating Expenses? | $3.10B | $2.94B | $2.55B | $2.51B | $2.40B | $1.99B | $1.99B | $1.71B | $1.54B | $1.34B |
| Operating Income? | $1.64B | $1.38B | $1.43B | $1.70B | $1.61B | $1.30B | $1.20B | $1.09B | $1.01B | $815.50M |
| EBITDA? | $1.43B | $1.72B | $1.53B | $1.96B | $1.89B | $1.07B | $1.31B | $872.20M | $1.14B | $827.10M |
| Income Before Tax | $1.27B | $1.55B | $1.37B | $1.77B | $1.70B | $916.70M | $1.17B | $761.40M | $1.03B | $737.90M |
| Income Tax Expense | $216.90M | $152.10M | $152.40M | $245.50M | $198.90M | $93.30M | $119.60M | $39.20M | $451.30M | $168.40M |
| Net Income? | $1.07B | $4.17B | $1.40B | $1.52B | $1.50B | $823.40M | $1.05B | $722.20M | $622.10M | $569.50M |
| EPS? | $1.84 | $6.98 | $2.31 | $2.46 | $2.41 | $1.32 | $1.68 | $1.15 | $0.98 | $0.89 |
| Diluted EPS? | $1.83 | $6.97 | $2.30 | $2.44 | $2.38 | $1.30 | $1.64 | $1.13 | $0.96 | $0.87 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality