Quarterly guidance

Total company sales
$1.67 billion to $1.75 billion for the fourth quarter of 2026.
Adjusted EPS
$0.61 to $0.69 for the fourth quarter of 2026.

Annual guidance

Total sales growth
Approximately 11.5% for the full year 2026.
TAVR sales growth
9% to 9.5% for the full year 2026.
TMTT sales
$780 million to $790 million for the full year 2026.
Adjusted EPS
$2.97 to $3.05 for the full year 2026.

Outlook

Long-term TAVR growth
Expectation of durable mid- to high single-digit growth for the SAPIEN platform over the long term supported by clinical evidence and modernized NCD policies.
TMTT revenue target
Pathways supporting $2 billion in TMTT revenue in 2030.
Operating margin
Expected to be at the high end of the original 28% to 29% guidance for 2026, with 50 to 100 basis points of underlying operating margin expansion planned beyond 2026.
Tax rate
Expected to be at the high end of the 16% to 19% guidance range.