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Boston Scientific Corp (BSX) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

HEALTHCARE · Health Care Equipment · DATA UPDATED 2026-07-14

Boston Scientific Corp (BSX) operates in the Health Care Equipment industry and is headquartered in Marlborough, United States with about 59,000 employees. Its market capitalization is roughly $66 billion. In the fiscal year ended 2025-12-31, BSX reported $20.1B in revenue and $2.9B in net income.

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. The company operates in two segments, MedSurg and Cardiovascular.

Interactive charts & full statements → Open the BSX valuation workbench →

BSX Revenue & Earnings History — Annual Income Statement

Income statement	TTM → 2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Revenue	$20.6B	$20.1B	$16.7B	$14.2B	$12.7B	$11.9B	$9.9B	$10.7B	$9.8B	$9.0B	$8.4B	$7.5B	$7.4B	$7.1B	$7.2B	$7.6B	$7.8B	$8.2B	$8.1B	$8.4B	$7.8B
Gross Profit	$14.5B	$13.9B	$10.3B	$8.8B	$7.7B	$7.5B	$5.6B	$6.9B	$6.5B	$5.9B	$5.3B	$4.6B	$4.6B	$4.5B	$4.6B	$4.7B	$4.8B	$5.2B	$5.1B	$5.4B	$5.1B
Gross Margin %	70.4%	69.0%	61.3%	62.0%	60.8%	62.8%	56.2%	64.1%	65.9%	64.9%	63.7%	61.0%	62.2%	63.5%	62.9%	61.4%	61.3%	63.2%	63.2%	64.6%	65.0%
Operating Income (EBIT)	$4.1B	$4.0B	$2.6B	$2.2B	$1.8B	$1.9B	$601M	$1.7B	$1.7B	$1.5B	$1.2B	$790M	$845M	$871M	$994M	$1.1B	$1.1B	$1.3B	$1.3B	$1.2B	$1.2B
Operating Margin %	20.1%	19.8%	15.7%	15.3%	14.4%	16.2%	6.1%	16.0%	17.7%	16.9%	14.7%	10.6%	11.5%	12.2%	13.7%	14.7%	13.8%	15.9%	16.1%	14.1%	15.8%
Net Income	$3.6B	$2.9B	$1.9B	$1.6B	$698M	$1.0B	($82M)	$4.7B	$1.7B	$104M	$347M	($239M)	($119M)	($121M)	($4.1B)	$441M	($1.1B)	($1.0B)	($2.0B)	($495M)	($3.6B)
Net Margin %	17.2%	14.4%	11.1%	11.2%	5.5%	8.8%	-0.8%	43.8%	17.0%	1.1%	4.1%	-3.2%	-1.6%	-1.7%	-56.1%	5.8%	-13.6%	-12.5%	-25.3%	-5.9%	-45.7%
EBITDA	$5.5B	$5.1B	$3.9B	$3.5B	$2.7B	$2.5B	$1.5B	$2.2B	$2.6B	$2.0B	$1.2B	$360M	$433M	$721M	($3.2B)	$1.6B	$149M	($108M)	($699M)	$940M	($2.3B)
Earnings Per Share (EPS)	$2.38	$1.93	$1.25	$1.09	$0.48	$0.73	$-0.06	$3.33	$1.19	$0.07	$0.25	$-0.18	$-0.09	$-0.09	$-2.89	$0.29	$-0.70	$-0.68	$-1.36	$-0.33	$-2.81
Shares Outstanding (M)	1,495M	1,494M	1,486M	1,464M	1,440M	1,434M	1,417M	1,411M	1,401M	1,393M	1,377M	1,341M	1,348M	1,341M	1,407M	1,519M	1,518M	1,508M	1,498M	1,487M	1,274M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

BSX Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Total Revenue	$5.2B	$5.3B	$5.1B	$5.1B	$4.7B	$4.6B	$4.2B	$4.1B
Gross Profit	$3.6B	$3.9B	$3.5B	$3.4B	$3.0B	$2.7B	$2.6B	$2.6B
Gross Margin %	69.4%	74.5%	69.9%	67.7%	63.3%	58.6%	62.9%	62.7%
Operating Income (EBIT)	$1.1B	$1.2B	$1.1B	$819M	$896M	$589M	$674M	$747M
Operating Margin %	20.6%	22.8%	20.7%	16.2%	19.2%	12.9%	16.0%	18.1%
Net Income	$1.3B	$668M	$755M	$793M	$674M	$566M	$469M	$324M
Net Margin %	25.7%	12.6%	14.9%	15.7%	14.4%	12.4%	11.1%	7.9%
EBITDA	$1.6B	$1.2B	$1.4B	$1.4B	$1.2B	$1.1B	$1.1B	$812M
Earnings Per Share (EPS)	$0.89	$0.45	$0.50	$0.53	$0.45	$0.38	$0.32	$0.22
Shares Outstanding (M)	1,495M	1,496M	1,496M	1,493M	1,493M	1,490M	1,487M	1,484M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

BSX Free Cash Flow History

Cash flow	TTM → 2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Cash from Operations (CFO)	$4.3B	$4.5B	$3.4B	$2.5B	$1.5B	$1.9B	$1.5B	$1.8B	$310M	$1.4B	$972M	$600M	$1.3B	$1.1B	$1.3B	$1.0B	$325M	$835M	$1.2B	$934M	$1.8B
Capital Expenditures (CapEx)	$899M	$876M	$790M	$800M	$612M	$554M	$376M	$461M	$316M	$319M	$376M	$247M	$259M	$245M	$226M	$304M	$278M	$362M	$362M	$363M	$341M
Free Cash Flow (FCF)	$3.4B	$3.7B	$2.6B	$1.7B	$914M	$1.3B	$1.1B	$1.4B	($6M)	$1.1B	$596M	$353M	$1.0B	$837M	$1.0B	$704M	$47M	$473M	$854M	$571M	$1.5B
FCF Margin %	16.7%	18.2%	15.8%	12.0%	7.2%	11.1%	11.4%	12.8%	-0.1%	12.2%	7.1%	4.7%	13.7%	11.7%	14.3%	9.2%	0.6%	5.8%	10.6%	6.8%	19.2%
Dividends Paid	—	—	$0M	$28M	$55M	$55M	$28M	$28M	$28M	$28M	$0M	$0M	$759M	$1.8B	$371M	$0M	$0M	$0M	—	$508M	—

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

BSX Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Cash from Operations (CFO)	$348M	$1.4B	$1.3B	$1.3B	$541M	$1.5B	$1.0B	$813M
Capital Expenditures (CapEx)	$177M	$351M	$181M	$190M	$187M	$293M	$304M	$155M
Free Cash Flow (FCF)	$171M	$1.0B	$1.2B	$1.1B	$354M	$1.2B	$698M	$658M
FCF Margin %	3.3%	19.2%	22.9%	21.7%	7.6%	25.5%	16.6%	16.0%
Dividends Paid	—	—	—	—	—	$0M	$23M	$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

BSX Balance Sheet History

Balance sheet	2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Assets	$44.4B	$43.7B	$39.4B	$35.1B	$32.5B	$32.2B	$30.8B	$30.6B	$21.0B	$19.0B	$18.1B	$18.1B	$16.8B	$16.7B	$17.2B	$21.3B	$22.1B	$25.2B	$27.1B	$31.2B	$31.1B
Cash & Cash Equivalents	$1.5B	$2.0B	$414M	$865M	$928M	$1.9B	$1.7B	$217M	$146M	$188M	$196M	$319M	$587M	$217M	$207M	$267M	$213M	$864M	$1.6B	$1.5B	$1.7B
Total Liabilities	$18.2B	$19.2B	$17.4B	$15.6B	$14.9B	$15.6B	$15.5B	$16.7B	$12.3B	$12.0B	$11.4B	$11.8B	$10.0B	$10.2B	$10.3B	$9.9B	$10.8B	$12.9B	$13.9B	$16.1B	$15.8B
Total Debt (Short + Long-Term)	$10.9B	$11.5B	$10.6B	$9.1B	$8.9B	$9.1B	$9.1B	$10.0B	$7.0B	$5.6B	$5.5B	$5.7B	$4.3B	$4.2B	$4.3B	$4.3B	$5.4B	$5.9B	$6.7B	$8.2B	$8.9B
Total Shareholders' Equity	$25.9B	$24.2B	$21.8B	$19.3B	$17.6B	$16.6B	$15.3B	$13.9B	$8.7B	$7.0B	$6.7B	$6.3B	$6.8B	$6.5B	$6.9B	$11.4B	$11.3B	$12.3B	$13.1B	$15.1B	$15.3B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive BSX viewer.

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IDXX · Idexx Laboratories — $43 billion
RMD · ResMed — $28 billion

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