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Side-by-side financial comparison of BOYD GAMING CORP (BYD) and Edwards Lifesciences (EW). Click either name above to swap in a different company.

Edwards Lifesciences is the larger business by last-quarter revenue ($1.6B vs $997.4M, roughly 1.7× BOYD GAMING CORP). Edwards Lifesciences runs the higher net margin — 23.1% vs 10.5%, a 12.6% gap on every dollar of revenue. On growth, Edwards Lifesciences posted the faster year-over-year revenue change (16.7% vs 0.6%). Over the past eight quarters, Edwards Lifesciences's revenue compounded faster (9.7% CAGR vs 1.5%).

Boyd Gaming Corporation is an American gambling and hospitality company based in Paradise, Nevada, US.

Edwards Lifesciences Corporation is an American medical technology company headquartered in Irvine, California, specializing in artificial heart valves and hemodynamic monitoring. It developed the Sapien transcatheter aortic heart valve made of cow tissue within a balloon-expandable, cobalt-chromium frame, deployed via catheter.

BYD vs EW — Head-to-Head

Bigger by revenue
EW
EW
1.7× larger
EW
$1.6B
$997.4M
BYD
Growing faster (revenue YoY)
EW
EW
+16.1% gap
EW
16.7%
0.6%
BYD
Higher net margin
EW
EW
12.6% more per $
EW
23.1%
10.5%
BYD
Faster 2-yr revenue CAGR
EW
EW
Annualised
EW
9.7%
1.5%
BYD

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BYD
BYD
EW
EW
Revenue
$997.4M
$1.6B
Net Profit
$104.3M
$380.7M
Gross Margin
78.0%
Operating Margin
16.4%
1.8%
Net Margin
10.5%
23.1%
Revenue YoY
0.6%
16.7%
Net Profit YoY
-5.9%
6.8%
EPS (diluted)
$1.37
$0.66

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BYD
BYD
EW
EW
Q1 26
$997.4M
$1.6B
Q4 25
$1.1B
$1.6B
Q3 25
$1.0B
$1.6B
Q2 25
$1.0B
$1.5B
Q1 25
$991.6M
$1.4B
Q4 24
$1.0B
$1.4B
Q3 24
$961.2M
$1.4B
Q2 24
$967.5M
$1.4B
Net Profit
BYD
BYD
EW
EW
Q1 26
$104.3M
$380.7M
Q4 25
$140.4M
$91.2M
Q3 25
$1.4B
$291.1M
Q2 25
$151.5M
$333.2M
Q1 25
$111.4M
$358.0M
Q4 24
$170.5M
$385.6M
Q3 24
$131.1M
$3.1B
Q2 24
$139.8M
$366.3M
Gross Margin
BYD
BYD
EW
EW
Q1 26
78.0%
Q4 25
78.1%
Q3 25
77.8%
Q2 25
77.5%
Q1 25
78.7%
Q4 24
78.9%
Q3 24
80.6%
Q2 24
79.9%
Operating Margin
BYD
BYD
EW
EW
Q1 26
16.4%
1.8%
Q4 25
15.7%
9.6%
Q3 25
13.9%
19.8%
Q2 25
23.4%
26.8%
Q1 25
20.2%
27.9%
Q4 24
25.1%
22.6%
Q3 24
22.9%
25.9%
Q2 24
23.5%
26.8%
Net Margin
BYD
BYD
EW
EW
Q1 26
10.5%
23.1%
Q4 25
13.2%
5.8%
Q3 25
143.4%
18.7%
Q2 25
14.6%
21.7%
Q1 25
11.2%
25.3%
Q4 24
16.4%
27.8%
Q3 24
13.6%
226.7%
Q2 24
14.5%
26.7%
EPS (diluted)
BYD
BYD
EW
EW
Q1 26
$1.37
$0.66
Q4 25
$1.60
$0.16
Q3 25
$17.81
$0.50
Q2 25
$1.84
$0.56
Q1 25
$1.31
$0.61
Q4 24
$1.89
$0.65
Q3 24
$1.43
$5.13
Q2 24
$1.47
$0.61

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BYD
BYD

Gaming$650.5M65%
Online reimbursements$135.4M14%
Food & beverage$75.8M8%
Other$63.5M6%
Room$45.9M5%
Management fee$26.2M3%

EW
EW

Segment breakdown not available.

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