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Edwards Lifesciences EW United States — Selling, general, and administrative expenses

Other segment segments

Europe
$71.8M-2.2%
Rest of World
$48M+14.0%
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$15.9M-3.0%

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Other financials

Income statement

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Revenue$1.6B+16.7%
Gross profit$1.3B+15.7%
Operating income$477.6M+21.0%
Net income$380.7M+6.3%
EPS (diluted)$0.66+8.2%

Balance sheet

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Cash & equivalents$2.4B-22.3%
Total debt$702.9M+0.5%
Total equity$10.3B+2.0%
Total assets$13.3B+2.3%

Cash flow

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Operating cash flow$43.8M-84.4%
CapEx$64.9M+15.9%
Free cash flow-$21.1M-109%

Valuation

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Market cap$51.66B+19.3%
Enterprise value$49.92B+22.2%
P/E47.1×+36.8×
P/S8.2×+0.4×

Profitability

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Gross margin77.9%-1.6pp
Operating margin21.4%-4.4pp
Net margin17.4%-58.3pp
FCF margin17.3%

Returns & leverage

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Return on equity10.7%-37.8pp
Debt / equity0.1×0.0×
Current ratio4.4×0.0×

Where this comes from

Reported directly by Edwards Lifesciences in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The official record: Edwards Lifesciences’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Edwards Lifesciences's united states — selling, general, and administrative expenses?
Edwards Lifesciences (EW) reported united states — selling, general, and administrative expenses of $154.1M in Q1 2026.
How has Edwards Lifesciences's united states — selling, general, and administrative expenses changed year-over-year?
Edwards Lifesciences's united states — selling, general, and administrative expenses increased by 15.7% year-over-year, from $133.2M to $154.1M.
What is the long-term trend for Edwards Lifesciences's united states — selling, general, and administrative expenses?
Over 3 years (2022 to 2025), Edwards Lifesciences's united states — selling, general, and administrative expenses has grown at a 19.1% compound annual growth rate (CAGR), from $340.7M to $575.3M.
What does united states — selling, general, and administrative expenses mean?
This metric encompasses the operating expenses incurred to support sales, marketing, and administrative functions specifically for the United States segment. It reflects the investment in the domestic sales force, clinical education, and regulatory compliance activities necessary to support structural heart product adoption. High levels of these expenses are often required to maintain leadership in specialized medical markets.