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Edwards Lifesciences EW Operating Lease Liabilities

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Other financials

Income statement

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Revenue$1.7B+13.6%
Gross profit$1.3B+13.5%
Operating income$513.2M+24.8%
Net income$241.9M-27.4%
EPS (diluted)$0.42-25.0%

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$51.48B+11.6%
Enterprise value$49.74B+11.0%
P/E51.2×+40.1×
P/S7.9×-0.2×

Profitability

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Gross margin77.8%-1.0pp
Operating margin22.3%-3.6pp
Net margin15.4%-57.5pp
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:OperatingLeaseLiabilityNoncurrent.

The source filing: Edwards Lifesciences’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:12 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001099800-26-000026
Line itemMarch 31,2026December 31,2025
Operating lease liabilities24.324.5
Total current liabilities1,409.01,813.7
Long-term debt598.5598.3
Operating lease liabilities80.182.6
Uncertain tax positions555.4502.7
Other liabilities350.7362.3
Total liabilities2,993.73,359.6
Commitments and contingencies (Note 12)

Item 1. Financial Statements (Unaudited)

FAQ

What is Edwards Lifesciences's operating lease liabilities?
Edwards Lifesciences (EW) reported operating lease liabilities of $80.1M in Q1 2026.
How has Edwards Lifesciences's operating lease liabilities changed year-over-year?
Edwards Lifesciences's operating lease liabilities increased by 2.8% year-over-year, from $77.9M to $80.1M.
What is the long-term trend for Edwards Lifesciences's operating lease liabilities?
Over 5 years (2020 to 2025), Edwards Lifesciences's operating lease liabilities has grown at a 2.6% compound annual growth rate (CAGR), from $72.7M to $82.6M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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