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Side-by-side financial comparison of Edwards Lifesciences (EW) and LOGITECH INTERNATIONAL S.A. (LOGI). Click either name above to swap in a different company.

Edwards Lifesciences is the larger business by last-quarter revenue ($1.6B vs $1.4B, roughly 1.2× LOGITECH INTERNATIONAL S.A.). Edwards Lifesciences runs the higher net margin — 23.1% vs 17.7%, a 5.4% gap on every dollar of revenue. On growth, Edwards Lifesciences posted the faster year-over-year revenue change (16.7% vs 6.1%). Over the past eight quarters, LOGITECH INTERNATIONAL S.A.'s revenue compounded faster (18.5% CAGR vs 9.7%).

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.

Logitech International S.A. is a Swiss multinational manufacturer of computer peripherals and software. Headquartered in Lausanne, Switzerland, the company has offices throughout Europe, Asia, Oceania, and the Americas. It is a component of the Swiss Market Index, and is listed on the Nasdaq.

EW vs LOGI — Head-to-Head

Bigger by revenue
EW
EW
1.2× larger
EW
$1.6B
$1.4B
LOGI
Growing faster (revenue YoY)
EW
EW
+10.6% gap
EW
16.7%
6.1%
LOGI
Higher net margin
EW
EW
5.4% more per $
EW
23.1%
17.7%
LOGI
Faster 2-yr revenue CAGR
LOGI
LOGI
Annualised
LOGI
18.5%
9.7%
EW

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
EW
EW
LOGI
LOGI
Revenue
$1.6B
$1.4B
Net Profit
$380.7M
$251.0M
Gross Margin
78.0%
43.2%
Operating Margin
1.8%
20.1%
Net Margin
23.1%
17.7%
Revenue YoY
16.7%
6.1%
Net Profit YoY
6.8%
25.4%
EPS (diluted)
$0.66
$1.69

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
EW
EW
LOGI
LOGI
Q1 26
$1.6B
Q4 25
$1.6B
$1.4B
Q3 25
$1.6B
$1.2B
Q2 25
$1.5B
$1.1B
Q1 25
$1.4B
$1.0B
Q4 24
$1.4B
$1.3B
Q3 24
$1.4B
$1.1B
Q2 24
$1.4B
$1.1B
Net Profit
EW
EW
LOGI
LOGI
Q1 26
$380.7M
Q4 25
$91.2M
$251.0M
Q3 25
$291.1M
$170.7M
Q2 25
$333.2M
$146.0M
Q1 25
$358.0M
$144.1M
Q4 24
$385.6M
$200.1M
Q3 24
$3.1B
$145.5M
Q2 24
$366.3M
$141.8M
Gross Margin
EW
EW
LOGI
LOGI
Q1 26
78.0%
Q4 25
78.1%
43.2%
Q3 25
77.8%
43.4%
Q2 25
77.5%
41.7%
Q1 25
78.7%
43.1%
Q4 24
78.9%
42.9%
Q3 24
80.6%
43.6%
Q2 24
79.9%
42.8%
Operating Margin
EW
EW
LOGI
LOGI
Q1 26
1.8%
Q4 25
9.6%
20.1%
Q3 25
19.8%
16.1%
Q2 25
26.8%
14.1%
Q1 25
27.9%
10.5%
Q4 24
22.6%
17.5%
Q3 24
25.9%
14.4%
Q2 24
26.8%
14.1%
Net Margin
EW
EW
LOGI
LOGI
Q1 26
23.1%
Q4 25
5.8%
17.7%
Q3 25
18.7%
14.4%
Q2 25
21.7%
12.7%
Q1 25
25.3%
14.3%
Q4 24
27.8%
14.9%
Q3 24
226.7%
13.0%
Q2 24
26.7%
13.0%
EPS (diluted)
EW
EW
LOGI
LOGI
Q1 26
$0.66
Q4 25
$0.16
$1.69
Q3 25
$0.50
$1.15
Q2 25
$0.56
$0.98
Q1 25
$0.61
$0.94
Q4 24
$0.65
$1.32
Q3 24
$5.13
$0.95
Q2 24
$0.61
$0.92

Balance Sheet & Financial Strength

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

Metric
EW
EW
LOGI
LOGI
Cash + ST InvestmentsLiquidity on hand
$1.8B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.3B
Total Assets
$4.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EW
EW
LOGI
LOGI
Q1 26
Q4 25
$4.2B
$1.8B
Q3 25
$3.8B
$1.4B
Q2 25
$4.1B
$1.5B
Q1 25
$3.9B
$1.5B
Q4 24
$4.0B
$1.5B
Q3 24
$4.4B
$1.4B
Q2 24
$2.0B
$1.5B
Stockholders' Equity
EW
EW
LOGI
LOGI
Q1 26
Q4 25
$10.3B
$2.3B
Q3 25
$10.2B
$2.1B
Q2 25
$10.5B
$2.2B
Q1 25
$10.1B
$2.1B
Q4 24
$10.0B
$2.1B
Q3 24
$9.5B
$2.1B
Q2 24
$7.4B
$2.2B
Total Assets
EW
EW
LOGI
LOGI
Q1 26
Q4 25
$13.7B
$4.1B
Q3 25
$13.3B
$3.7B
Q2 25
$13.5B
$3.7B
Q1 25
$13.0B
$3.5B
Q4 24
$13.1B
$3.7B
Q3 24
$13.0B
$3.6B
Q2 24
$10.1B
$3.7B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EW
EW
LOGI
LOGI
Operating Cash FlowLast quarter
$480.5M
Free Cash FlowOCF − Capex
$465.6M
FCF MarginFCF / Revenue
32.8%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
1.91×
TTM Free Cash FlowTrailing 4 quarters
$903.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EW
EW
LOGI
LOGI
Q1 26
Q4 25
$450.9M
$480.5M
Q3 25
$573.7M
$228.8M
Q2 25
$290.2M
$125.0M
Q1 25
$280.4M
$129.7M
Q4 24
$-127.5M
$370.9M
Q3 24
$351.8M
$166.0M
Q2 24
$371.5M
$176.0M
Free Cash Flow
EW
EW
LOGI
LOGI
Q1 26
Q4 25
$353.5M
$465.6M
Q3 25
$516.2M
$212.3M
Q2 25
$240.9M
$108.8M
Q1 25
$224.4M
$116.9M
Q4 24
$-177.3M
$356.6M
Q3 24
$299.9M
$151.5M
Q2 24
$286.1M
$161.4M
FCF Margin
EW
EW
LOGI
LOGI
Q1 26
Q4 25
22.5%
32.8%
Q3 25
33.2%
17.9%
Q2 25
15.7%
9.5%
Q1 25
15.9%
11.6%
Q4 24
-12.8%
26.6%
Q3 24
22.1%
13.6%
Q2 24
20.9%
14.8%
Capex Intensity
EW
EW
LOGI
LOGI
Q1 26
Q4 25
6.2%
1.0%
Q3 25
3.7%
1.4%
Q2 25
3.2%
1.4%
Q1 25
4.0%
1.3%
Q4 24
3.6%
1.1%
Q3 24
3.8%
1.3%
Q2 24
6.2%
1.3%
Cash Conversion
EW
EW
LOGI
LOGI
Q1 26
Q4 25
4.94×
1.91×
Q3 25
1.97×
1.34×
Q2 25
0.87×
0.86×
Q1 25
0.78×
0.90×
Q4 24
-0.33×
1.85×
Q3 24
0.11×
1.14×
Q2 24
1.01×
1.24×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EW
EW

Segment breakdown not available.

LOGI
LOGI

Retail Gaming$482.7M34%
Retail Keyboards Desktops$254.6M18%
Retail Pointing Devices$241.2M17%
Retail Video Collaboration$193.3M14%
Retail Tablet And Other Accessories$93.6M7%
Retail Webcams$82.3M6%
Retail Headsets$45.9M3%
Other Retail Products$28.0M2%

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