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Edwards Lifesciences EW Q4 2025 Annual earnings

Reported February 10, 2026 · After market close

Revenue$1.6BBeat by $22.7M
EPS$0.58Miss by $0.04
Revenue estimate$1.5B
EPS estimate$0.62

Next report

Oct 29, 2026 (In 3 weeks)
Revenue estimate$1.7B
EPS estimate$0.74

Financials

Q4 2025

Income statement

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Revenue$1.6B+13.3%
Gross profit$1.2B+12.2%
Operating income$151.1M-51.7%
Net income$91.2M-76.3%
EPS (diluted)$0.16-75.4%

Balance sheet

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Cash & equivalents$2.9B-3.9%
Total debt$705.4M+0.8%
Total equity$10.3B+3.4%
Total assets$13.7B+4.9%

Cash flow

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Operating cash flow$450.9M—
CapEx$97.4M+95.6%
Free cash flow$353.5M—

Valuation & ratios

Valuation

as of 12/31/25
See full
Market cap$49.47B+13.3%
Enterprise value$47.24B+14.4%
P/E46.1×+35.6×
P/S8.2×+0.1×

Profitability

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Gross margin78%-1.4pp
Operating margin20.8%-4.5pp
Net margin17.7%-59.1pp
FCF margin22%—

Returns & leverage

See full
Return on equity10.6%-39.6pp
Debt / equity0.1×0.0×
Current ratio3.7×-0.5×

Segments

By segment

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United States$907.0M+11.6%
Europe$409.6M+15.9%
Rest of World$165.5M+26.2%
Japan$87.5M+17.9%

By product

See full
Transcatheter Aortic Valve Replacement$1.2B+12.0%
Transcatheter Mitral and Tricuspid Therapies$155.7M+48.1%

FAQ

When did Edwards Lifesciences report Q4 2025 earnings?
Edwards Lifesciences (EW) reported Q4 2025 earnings on February 10, 2026 after market close.
What were Edwards Lifesciences's Q4 2025 revenue and EPS?
Edwards Lifesciences reported revenue of $1.6B and eps of $0.58 for Q4 2025.
Did Edwards Lifesciences beat estimates in Q4 2025?
Revenue beat the consensus estimate of $1.5B by $22.7M. EPS missed the consensus estimate of $0.62 by $0.04.
How did Edwards Lifesciences's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 13.3% from $1.4B a year earlier and eps declined 1.7% from $0.59.
Where can I find Edwards Lifesciences's Q4 2025 SEC filings?
You can read the 8-K earnings release (0001099800-26-000006) and the 10-K periodic report (0001099800-26-000009) directly on SEC EDGAR. The filing index links above go to sec.gov.