earnings
confidence high
sentiment positive
materiality 0.85
Edwards Q1 sales +16.7% to $1.65B; raises FY guidance on TAVR strength
Edwards Lifesciences Corp
2026-Q1 EPS reported
$0.66
revenue$1,648,600,000
- Q1 sales $1.65B, +16.7% YoY; constant currency +12.7%; TAVR sales $1.20B, +14.4%.
- GAAP EPS $0.66; adjusted EPS $0.78, beating consensus; gross margin 78.0%.
- Raises FY 2026 constant currency sales growth guidance to 9-11% (from 8-10%); new TAVR growth 7-9%.
- Raises FY adjusted EPS guidance to $2.95-$3.05 from $2.90-$3.05; sees Q2 sales $1.66-$1.74B.
- Completed $500M ASR; $1.5B remaining buyback authorization; cash $2.4B, debt $0.6B.