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Side-by-side financial comparison of CHEESECAKE FACTORY INC (CAKE) 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 $961.6M, roughly 1.7× CHEESECAKE FACTORY INC). Edwards Lifesciences runs the higher net margin — 23.1% vs 3.0%, a 20.1% gap on every dollar of revenue. On growth, Edwards Lifesciences posted the faster year-over-year revenue change (16.7% vs -73.2%). Over the past eight quarters, Edwards Lifesciences's revenue compounded faster (9.7% CAGR vs 7.6%).

The Cheesecake Factory Incorporated is an American restaurant company and distributor of cheesecakes based in the United States. It operates 370 full-service restaurants: 218 under the Cheesecake Factory brand, 47 under the North Italia brand, and 105 under other brands. The Cheesecake Factory also operates two bakery production facilities—in Calabasas, California, and Rocky Mount, North Carolina.

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.

CAKE vs EW — Head-to-Head

Bigger by revenue
EW
EW
1.7× larger
EW
$1.6B
$961.6M
CAKE
Growing faster (revenue YoY)
EW
EW
+89.9% gap
EW
16.7%
-73.2%
CAKE
Higher net margin
EW
EW
20.1% more per $
EW
23.1%
3.0%
CAKE
Faster 2-yr revenue CAGR
EW
EW
Annualised
EW
9.7%
7.6%
CAKE

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CAKE
CAKE
EW
EW
Revenue
$961.6M
$1.6B
Net Profit
$28.8M
$380.7M
Gross Margin
78.0%
Operating Margin
3.5%
1.8%
Net Margin
3.0%
23.1%
Revenue YoY
-73.2%
16.7%
Net Profit YoY
-30.1%
6.8%
EPS (diluted)
$0.60
$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
CAKE
CAKE
EW
EW
Q1 26
$961.6M
$1.6B
Q4 25
$1.6B
Q3 25
$907.2M
$1.6B
Q2 25
$927.2M
$1.5B
Q1 25
$1.4B
Q4 24
$865.5M
$1.4B
Q3 24
$904.0M
$1.4B
Q2 24
$891.2M
$1.4B
Net Profit
CAKE
CAKE
EW
EW
Q1 26
$28.8M
$380.7M
Q4 25
$91.2M
Q3 25
$31.9M
$291.1M
Q2 25
$32.9M
$333.2M
Q1 25
$358.0M
Q4 24
$30.0M
$385.6M
Q3 24
$52.4M
$3.1B
Q2 24
$33.2M
$366.3M
Gross Margin
CAKE
CAKE
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
CAKE
CAKE
EW
EW
Q1 26
3.5%
1.8%
Q4 25
9.6%
Q3 25
4.1%
19.8%
Q2 25
5.6%
26.8%
Q1 25
27.9%
Q4 24
3.9%
22.6%
Q3 24
6.5%
25.9%
Q2 24
4.4%
26.8%
Net Margin
CAKE
CAKE
EW
EW
Q1 26
3.0%
23.1%
Q4 25
5.8%
Q3 25
3.5%
18.7%
Q2 25
3.6%
21.7%
Q1 25
25.3%
Q4 24
3.5%
27.8%
Q3 24
5.8%
226.7%
Q2 24
3.7%
26.7%
EPS (diluted)
CAKE
CAKE
EW
EW
Q1 26
$0.60
$0.66
Q4 25
$0.16
Q3 25
$0.66
$0.50
Q2 25
$0.67
$0.56
Q1 25
$0.61
Q4 24
$0.61
$0.65
Q3 24
$1.08
$5.13
Q2 24
$0.68
$0.61

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CAKE
CAKE
EW
EW
Cash + ST InvestmentsLiquidity on hand
$215.7M
Total DebtLower is stronger
Stockholders' EquityBook value
Total Assets
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAKE
CAKE
EW
EW
Q1 26
$215.7M
Q4 25
$4.2B
Q3 25
$190.0M
$3.8B
Q2 25
$135.4M
$4.1B
Q1 25
$3.9B
Q4 24
$52.2M
$4.0B
Q3 24
$40.7M
$4.4B
Q2 24
$60.2M
$2.0B
Stockholders' Equity
CAKE
CAKE
EW
EW
Q1 26
Q4 25
$10.3B
Q3 25
$425.3M
$10.2B
Q2 25
$339.4M
$10.5B
Q1 25
$10.1B
Q4 24
$396.4M
$10.0B
Q3 24
$374.0M
$9.5B
Q2 24
$332.4M
$7.4B
Total Assets
CAKE
CAKE
EW
EW
Q1 26
Q4 25
$13.7B
Q3 25
$3.2B
$13.3B
Q2 25
$3.1B
$13.5B
Q1 25
$13.0B
Q4 24
$2.9B
$13.1B
Q3 24
$2.9B
$13.0B
Q2 24
$2.8B
$10.1B

Financial Flow Comparison

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

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