Current Assets

Cash & Equivalents

Edwards Lifesciences Cash & Equivalents decreased by 16.7% to $2.45B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 22.3%, from $3.15B to $2.45B. Over 5 years (FY 2020 to FY 2025), Cash & Equivalents shows an upward trend with a 19.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2012
Last reportedQ1 2026

How to read this metric

An increase signals improved liquidity and financial flexibility, while a decrease may indicate heavy capital expenditure, debt repayment, or aggressive share buybacks.

Detailed definition

Represents the most liquid assets on the balance sheet, including physical currency and short-term investments with matu...

Peer comparison

Large-cap technology peers often maintain high cash balances to fund rapid innovation and offset the cyclical nature of consumer electronics.

Metric ID: cash_and_equivalents

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.33B$1.52B$862.80M$1.04B$1.20B$1.25B$769.00M$876.40M$1.05B$1.41B$1.14B$1.23B$1.66B$3.68B$3.05B$3.15B$3.29B$2.69B$2.94B$2.45B
QoQ Change+14.6%-43.2%+20.0%+16.2%+4.1%-38.6%+14.0%+19.5%+35.0%-19.1%+7.4%+34.9%+122.1%-17.3%+3.4%+4.5%-18.1%+9.0%-16.7%
YoY Change-9.3%-17.6%-10.9%-15.3%-12.9%+13.0%+48.8%+40.2%+58.3%+160.5%+166.2%+156.2%+98.4%-26.8%-3.5%-22.3%
Range$769.00M$3.68B
CAGR+13.8%
Avg YoY Growth+38.9%
Median YoY Growth+4.7%

Frequently Asked Questions

What is Edwards Lifesciences's cash & equivalents?
Edwards Lifesciences (EW) reported cash & equivalents of $2.45B in Q1 2026.
How has Edwards Lifesciences's cash & equivalents changed year-over-year?
Edwards Lifesciences's cash & equivalents decreased by 22.3% year-over-year, from $3.15B to $2.45B.
What is the long-term trend for Edwards Lifesciences's cash & equivalents?
Over 5 years (2020 to 2025), Edwards Lifesciences's cash & equivalents has grown at a 19.9% compound annual growth rate (CAGR), from $1.18B to $2.94B.
What does cash & equivalents mean?
Money in the bank and very short-term investments that can be turned into cash almost instantly.