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Side-by-side financial comparison of Digital Realty (DLR) 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 $1.6B, roughly 1.0× Digital Realty). Edwards Lifesciences runs the higher net margin — 23.1% vs 6.0%, a 17.1% gap on every dollar of revenue. On growth, Edwards Lifesciences posted the faster year-over-year revenue change (16.7% vs 16.1%). Over the past eight quarters, Digital Realty's revenue compounded faster (9.8% CAGR vs 9.7%).

Digital Realty is a real estate investment trust that owns, operates and invests in carrier-neutral data centers across the world. The company offers data center, colocation, and interconnection services.

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.

DLR vs EW — Head-to-Head

Bigger by revenue
EW
EW
1.0× larger
EW
$1.6B
$1.6B
DLR
Growing faster (revenue YoY)
EW
EW
+0.6% gap
EW
16.7%
16.1%
DLR
Higher net margin
EW
EW
17.1% more per $
EW
23.1%
6.0%
DLR
Faster 2-yr revenue CAGR
DLR
DLR
Annualised
DLR
9.8%
9.7%
EW

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
DLR
DLR
EW
EW
Revenue
$1.6B
$1.6B
Net Profit
$98.6M
$380.7M
Gross Margin
78.0%
Operating Margin
6.9%
1.8%
Net Margin
6.0%
23.1%
Revenue YoY
16.1%
16.7%
Net Profit YoY
-10.3%
6.8%
EPS (diluted)
$0.22
$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
DLR
DLR
EW
EW
Q1 26
$1.6B
$1.6B
Q4 25
$1.6B
$1.6B
Q3 25
$1.6B
$1.6B
Q2 25
$1.5B
$1.5B
Q1 25
$1.4B
$1.4B
Q4 24
$1.4B
$1.4B
Q3 24
$1.4B
$1.4B
Q2 24
$1.4B
$1.4B
Net Profit
DLR
DLR
EW
EW
Q1 26
$98.6M
$380.7M
Q4 25
$98.6M
$91.2M
Q3 25
$67.8M
$291.1M
Q2 25
$1.0B
$333.2M
Q1 25
$110.0M
$358.0M
Q4 24
$189.6M
$385.6M
Q3 24
$51.2M
$3.1B
Q2 24
$80.2M
$366.3M
Gross Margin
DLR
DLR
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
DLR
DLR
EW
EW
Q1 26
6.9%
1.8%
Q4 25
6.9%
9.6%
Q3 25
8.8%
19.8%
Q2 25
14.2%
26.8%
Q1 25
13.9%
27.9%
Q4 24
10.1%
22.6%
Q3 24
11.8%
25.9%
Q2 24
0.7%
26.8%
Net Margin
DLR
DLR
EW
EW
Q1 26
6.0%
23.1%
Q4 25
6.0%
5.8%
Q3 25
4.3%
18.7%
Q2 25
69.1%
21.7%
Q1 25
7.8%
25.3%
Q4 24
13.2%
27.8%
Q3 24
3.6%
226.7%
Q2 24
5.9%
26.7%
EPS (diluted)
DLR
DLR
EW
EW
Q1 26
$0.22
$0.66
Q4 25
$0.22
$0.16
Q3 25
$0.15
$0.50
Q2 25
$2.94
$0.56
Q1 25
$0.27
$0.61
Q4 24
$0.50
$0.65
Q3 24
$0.09
$5.13
Q2 24
$0.20
$0.61

Balance Sheet & Financial Strength

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

Metric
DLR
DLR
EW
EW
Cash + ST InvestmentsLiquidity on hand
$3.5B
Total DebtLower is stronger
Stockholders' EquityBook value
$22.9B
Total Assets
$49.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLR
DLR
EW
EW
Q1 26
$3.5B
Q4 25
$3.5B
$4.2B
Q3 25
$3.3B
$3.8B
Q2 25
$3.6B
$4.1B
Q1 25
$2.3B
$3.9B
Q4 24
$3.9B
$4.0B
Q3 24
$2.2B
$4.4B
Q2 24
$2.3B
$2.0B
Stockholders' Equity
DLR
DLR
EW
EW
Q1 26
$22.9B
Q4 25
$22.9B
$10.3B
Q3 25
$23.0B
$10.2B
Q2 25
$22.9B
$10.5B
Q1 25
$21.3B
$10.1B
Q4 24
$21.3B
$10.0B
Q3 24
$21.2B
$9.5B
Q2 24
$20.5B
$7.4B
Total Assets
DLR
DLR
EW
EW
Q1 26
$49.4B
Q4 25
$49.4B
$13.7B
Q3 25
$48.7B
$13.3B
Q2 25
$48.7B
$13.5B
Q1 25
$45.1B
$13.0B
Q4 24
$45.3B
$13.1B
Q3 24
$45.3B
$13.0B
Q2 24
$43.6B
$10.1B

Financial Flow Comparison

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

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