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Below are the financial statements of Edwards Lifesciences, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of Edwards Lifesciences, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 2024-01-01 - 2024-12-31 | 2023 2023-01-01 - 2023-12-31 | 2022 2022-01-01 - 2022-12-31 |
|---|---|---|---|
| Net sales | 5,439.5a | 5,010a | 4,464a |
| Cost of sales | -1,117.5a | -978.4a | -723.7a |
| Gross profit | 4,322a | 4,031.6a | 3,740.3a |
| Selling, general, and administrative expenses | -1,789.2a | -1,582.5a | -1,357.6a |
| Research and development expenses | -1,053a | -962.9a | -843.6a |
| Intellectual property agreement and certain litigation expenses | -40.4a | -203.5a | -15.8a |
| Change in fair value of contingent consideration liabilities | 0a | -26.2a | -35.8a |
| Restructuring charges, separation costs, and other | -61a | 0a | -60.7a |
| Other operating income, net | -0.3a | 0a | 0a |
| Operating income | 1,378.7a | 1,308.9a | 1,498.4a |
| Interest expense | -19.8a | -17.6a | -19.2a |
| Interest income | -120.3a | -67.2a | -35.5a |
| Other non-operating income, net | -68.9a | -13.9a | -4.8a |
| Income from continuing operations before provision for income taxes | 1,548.1a | 1,372.4a | 1,519.5a |
| Provision for income taxes | -152.1a | -152.4a | -195.5a |
| Net income from continuing operations | 1,396a | 1,220a | 1,324a |
| Income from discontinued operations, net of tax | 2,773.7a | 179.4a | 197.9a |
| Net income | 4,169.7a | 1,399.4a | 1,521.9a |
| Net loss attributable to noncontrolling interest | -4.9a | -3a | 0a |
| Net income attributable to Edwards Lifesciences Corporation | 4,174.6a | 1,402.4a | 1,521.9a |
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