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Edwards Lifesciences — Feb 10, 2026 release

Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001099800-26-000006
Open on SEC.gov ↗
Showing in the filing
TMTT sales
“$740 – $780 million”
Period
FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 14
Constant currency sales growth for FY2026
“8 – 10%”
TMTT revenue growth for FY2026
“35 – 45% to $740 – $780 million”
TMTT growing for FY2026
“35 – 45%”
TMTT growth for FY2026
“35 – 45%”
TMTT revenue for FY2026
“$740 – $780 million”
TMTT sales for FY2026
“$740 – $780 million”
Adjusted EPS for FY2026
“$2.90 – $3.05”
Adjusted gross profit margin for FY2026
“between 78% and 79%”
R&D as a percentage of sales for FY2026
“approximately 17%”
Operating profit margin for FY2026
“at the high end of the original 28% to 29% guidance range”
Sales growth rate for FY2026
“8 to 10%”
EPS for FY2026
“$2.90 to $3.05”
Total sales for Q1 FY2026
“between $1.55 and $1.63 billion”
Adjusted EPS for Q1 FY2026
“$0.70 to $0.76”
Exhibit 99.1 · the passage around this item
… earlier in the release
Highlights and Outlook • Q4 sales grew 13.3% to $1.57 billion 1 , constant currency 2 sales grew 11.6% • Q4 TAVR sales grew 12.0% to $1.16 billion 1 ; constant currency 2 sales grew 10.6% • Q4 TMTT sales grew more than 40% to $156 million 1 from repair and replacement therapies • Q4 EPS of $0.11 1 ; adjusted 2 EPS of $0.58 • FY 2025 sales grew 11.5% , 10.7% constant currency 2 • Increased confidence in FY 2026 constant currency 2 sales growth of 8 – 10% • FY 2026 revenue outlook includes TMTT growing 35 – 45% to $740 – $780 million • Increased confidence in FY 2026 adjusted 2 EPS $2.90 – $3.05 “Edwards’ strong fourth quarter and full year performance in 2025 reflect our differentiated strategy with a clear vision around three key elements: focusing solely on structural heart, solving large, urgent and very complex patient needs, and pursuing unique opportunities to innovate and lead, all achieved through excellent execution by our deeply experienced teams,” said Bernard Zovighian, Edwards’ CEO. “Based on multiple catalysts and the company’s strong fourth quarter performance, we have increased confidence in our outlook for 2026 and believe that our 70 years of expertise in valve innovation and world-class evidence will create sustainable growth and expanded profitability. “These enduring catalysts benefitting Edwards in 2026 and the years ahead include distinguished long-term results unique to Edwards from the PARTNER 3 7-year and PARTNER 2 10-year trials, the impact of the practice-changing EARLY TAVR trial, new guidelines for treating aortic stenosis patients in Europe and the approvals of the first transcatheter mitral replacement therapy. We expect additional meaningful catalysts later in 2026 to fuel sus
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.