Stock Analysis on Net

Edwards Lifesciences Corp. (NYSE:EW)

This company has been moved to the archive! The financial data has not been updated since February 14, 2022.

Income Statement 
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Edwards Lifesciences Corp., consolidated income statement (quarterly data)

US$ in thousands

Microsoft Excel
3 months ended: Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Net sales 1,329,700 1,310,200 1,376,000 1,216,600 1,191,700 1,140,900 925,000 1,128,700 1,174,100 1,094,000 1,086,900 993,000 977,700 906,600 943,700 894,800 888,500 821,500 841,800 883,500
Cost of sales (309,500) (311,700) (334,300) (293,400) (296,300) (281,000) (238,200) (265,100) (286,200) (292,400) (304,000) (231,800) (234,700) (224,900) (246,200) (233,600) (235,300) (213,300) (211,100) (215,600)
Gross profit 1,020,200 998,500 1,041,700 923,200 895,400 859,900 686,800 863,600 887,900 801,600 782,900 761,200 743,000 681,700 697,500 661,200 653,200 608,200 630,700 667,900
Selling, general, and administrative expenses (424,000) (364,400) (374,500) (330,800) (338,500) (307,200) (274,900) (307,800) (347,200) (306,200) (308,500) (280,300) (288,100) (269,500) (274,900) (256,000) (266,700) (244,600) (243,800) (229,600)
Research and development expenses (232,800) (238,000) (225,300) (207,000) (195,700) (195,500) (182,100) (187,400) (193,900) (195,500) (191,900) (171,400) (163,100) (161,800) (154,100) (143,200) (146,600) (142,900) (134,400) (128,700)
Intellectual property litigation income (expenses), net (7,100) (4,700) (2,400) (6,400) (4,600) (8,400) (379,900) (12,500) (13,900) (7,900) (7,000) (4,600) (194,900) (7,900) (5,500) (5,700) 104,900 (13,700) (7,700) (10,200)
Change in fair value of contingent consideration liabilities 18,100 (1,100) 102,600 4,500 (5,200) 9,000 (19,600) 2,200 18,500 2,300 (8,000) (6,700) 14,000 6,400 (10,900) (3,800) (2,600) 16,700 (3,100) (1,100)
Special charges (40,600) (24,000) (116,200) (9,700)
Other operating expenses (700)
Operating income (loss) 374,400 390,300 542,100 383,500 351,400 357,800 (169,700) 358,100 310,800 294,300 267,500 274,200 (5,300) 248,900 252,100 252,500 342,200 214,000 241,000 298,300
Interest income (expense), net 500 (800) (1,000) 300 500 800 1,800 4,500 4,300 2,800 2,400 2,000 1,800 (500) 800 1,000 (100) (1,400) (2,400)
Special gains (charges), net 7,100 (18,500) (500) (31,200)
Other income (expense), net 1,400 1,400 4,400 5,500 4,200 5,700 (300) 1,900 400 4,600 1,400 1,800 1,700 300 (1,100) 3,100 (800) (1,600) (2,800) (2,300)
Income (loss) before (provision for) benefit from income taxes 376,300 390,900 545,500 389,300 356,100 364,300 (168,200) 364,500 315,500 301,700 271,300 278,000 (1,800) 248,700 251,000 263,500 323,900 211,800 205,600 293,600
(Provision for) benefit from income taxes (41,000) (50,800) (56,000) (51,100) (46,600) (39,100) 46,300 (53,900) (35,300) (27,000) (29,000) (28,300) 8,800 (22,800) 31,700 (56,900) (326,700) (41,700) (19,500) (63,400)
Net income (loss) 335,300 340,100 489,500 338,200 309,500 325,200 (121,900) 310,600 280,200 274,700 242,300 249,700 7,000 225,900 282,700 206,600 (2,800) 170,100 186,100 230,200

Based on: 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Income statement item Description The company
Net sales Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Edwards Lifesciences Corp. net sales decreased from Q2 2021 to Q3 2021 but then slightly increased from Q3 2021 to Q4 2021.
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Edwards Lifesciences Corp. operating income (loss) decreased from Q2 2021 to Q3 2021 and from Q3 2021 to Q4 2021.
Income (loss) before (provision for) benefit from income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Edwards Lifesciences Corp. income (loss) before (provision for) benefit from income taxes decreased from Q2 2021 to Q3 2021 and from Q3 2021 to Q4 2021.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Edwards Lifesciences Corp. net income (loss) decreased from Q2 2021 to Q3 2021 and from Q3 2021 to Q4 2021.