FINHUB Insights

Edwards Lifesciences Q4 FY25: where the revenue came from and where it went

The whole income statement of Edwards Lifesciences for this quarter, as one diagram: what earned the revenue, and what it went on.

Period
Oct 1 – Dec 31, 2025
Reported
Feb 25, 2026 10-K accession 0001099800-26-000009

Revenue$1.57B +13% year over year
Gross profit$1.23B 78% margin
Operating profit$0.15B 10% margin
Net profit$0.09B 6% margin
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The numbers

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
ItemValueShare of revenueYear over year
Revenue 1.57 100% +13%
Aortic valve replacement 1.16 74% +12%
Surgical heart valve therapy 0.25 16% +4%
Transcatheter mitral 0.16 10% +48%
Cost of revenue−0.3422%
Gross profit1.2378% margin−1pp
R&D−0.2717%+0pp
SG&A−0.6039%+0pp
Other−0.2113%+0pp
Operating profit0.1510% margin+0pp
Interest & other costs−0.03
Tax−0.03
Net profit0.09 6% margin−22pp

Source of the numbers: structured XBRL data from the filing (10-K). The diagram is generated automatically and checked against EDGAR before release. The fourth quarter has no column of its own in an annual report, so it is the full year minus the first nine months. How we calculate it → About and methodology.

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