Edwards Lifesciences Corporation
Edwards Lifesciences Corporation’s revenue for fiscal 2025 (year ended December 2025) was $6.1 billion, up 11.5% from fiscal 2024. In the quarter to June 2026, revenue grew 13.6%, EPS fell 26.3%, free cash flow grew 142.8% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for three consecutive years.
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Edwards Lifesciences Corporation (EW) Operating cash flow
Edwards Lifesciences Corporation's operating cash flow for fiscal 2025 was $1.6B, up 194.2% from $542.3M in fiscal 2024. Over the twelve months to 30 June 2026 it was $1.7B. Over the past ten years it has ranged from $542.3M (fiscal 2024) to $1.7B (fiscal 2021); the current reading is higher than 91% of that period. Edwards Lifesciences Corporation ranks 10th of 149 Medical Devices companies by operating cash flow.
Operating cash flow, annual
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Annual newest first
| Period | Operating cash flow | Change |
|---|---|---|
| FY2025 | $1.6B | 194.15% |
| FY2024 | $542.3M | (39.46%) |
| FY2023 | $895.8M | (26.47%) |
| FY2022 | $1.2B | (29.67%) |
| FY2021 | $1.7B | 64.29% |
| FY2020 | $1.1B | (10.87%) |
| FY2019 | $1.2B | 27.65% |
| FY2018 | $926.7M | (7.39%) |
| FY2017 | $1.0B | 42.06% |
| FY2016 | $704.4M | 28.14% |
Quarterly newest first
| Period | Operating cash flow | Change |
|---|---|---|
| Jun 2026 | $651.9M | 1,388.36% |
| Mar 2026 | $43.8M | (90.29%) |
| Dec 2025 | $450.9M | (21.40%) |
| Sep 2025 | $573.7M | 97.69% |
| 42 more quarters | Free account |
Against its own ten years
Operating cash flow against peers
| Company | Operating cash flow |
|---|---|
| MDT Medtronic PLC compare | $8.0B |
| SYK Stryker Corporation compare | $5.5B |
| BSX Boston Scientific Corporation compare | $4.5B |
| PHG Koninklijke Philips N.V. compare | $2.6B |
| GEHC GE HealthCare Technologies Inc. compare | $2.1B |
| DXCM DexCom, Inc. compare | $1.7B |
| ZBH Zimmer Biomet Holdings, Inc. compare | $1.7B |
| EW Edwards Lifesciences Corporation | $1.7B |
| STE STERIS plc compare | $1.3B |
What Operating cash flow is
Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.
Reported line item
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