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Overview

BOSTON SCIENTIFIC CORP

BSXNYSEHealth CareSurgical & Medical Instruments & ApparatusCIK 0000885725S&P 500

Latest 10-K: FY2025, filed Feb 17, 2026 · Open the 10-K (Inline XBRL) ↗

Revenue
$20.07B
19.9%YoYup from FY2024
TotalRevenue
Gross profit
$13.85B
20.6%YoYup from FY2024
GrossProfit
Operating income
$3.61B
38.8%YoYup from FY2024
OperatingIncome
Net income
$2.90B
56.4%YoYup from FY2024
NetIncome
Diluted EPS
$1.94
55.2%YoYup from FY2024
EPSDiluted
Diluted shares
1.49B
0.6%YoYup from FY2024
WeightedAvgSharesDiluted

At a glance

Growth

  • BOSTON SCIENTIFIC CORP reported revenue of $20.07B for fiscal 2025, up 19.9% from fiscal 2024.
  • Revenue grew faster than the median S&P 500 member in 4 of the last 5 fiscal years.

Profitability

  • Operating margin was 18.0% and net margin was 14.4%, against a median net margin of 12.8% across S&P 500 members for the same fiscal year.

Per share

  • Diluted EPS was $1.94, up 55.2% from the prior year.
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Written from the filed figures on this page by fixed rules — no AI.

Data as of Oct 23, 2026 · Sources: SEC EDGAR 10-K

Financial statements

Annual figures from the 10-K, most recent fiscal year first.

Income Statement

5 annual periods

Chip: YoY change.

Income Statement, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: S&P 500 median change. Line under a label: how many S&P 500 companies its median rests on.
Line itemFY2025FY2024FY2023FY2022FY20214Y CAGR
Revenue
$20.07B19.9%up
S&P 500 6.4%
$16.75B17.6%up
S&P 500 4.5%
$14.24B12.3%up
S&P 500 4.8%
$12.68B6.7%up
S&P 500 10.3%
$11.89B19.9%up
S&P 500 13.8%
14.0%
S&P 500 6.6%
Gross Profit
Median of 315 / 498
$13.85B20.6%up
S&P 500 6.8%
$11.49B16.1%up
S&P 500 5.5%
$9.90B13.4%up
S&P 500 5.2%
$8.73B6.7%up
S&P 500 8.3%
$8.18B26.8%up
S&P 500 15.7%
14.1%
S&P 500 6.2%
Operating Income
Median of 373 / 498
$3.61B38.8%up
S&P 500 7.3%
$2.60B11.1%up
S&P 500 7.4%
$2.34B42.1%up
S&P 500 4.9%
$1.65B37.5%up
S&P 500 7.5%
$1.20Bn/m
S&P 500 23.5%
31.8%
S&P 500 7.2%
Net Income
$2.90B§56.4%up
S&P 500 4.8%
$1.85B§18.0%up
S&P 500 5.7%
$1.57B§144.5%up
S&P 500 1.9%
$0.64B§34.8%down
S&P 500 1.3%
$0.98B§n/m
S&P 500 33.9%
31.0%
S&P 500 4.1%
EPS (Diluted)
$1.9455.2%up
S&P 500 6.2%
$1.2516.8%up
S&P 500 7.9%
$1.07137.8%up
S&P 500 1.9%
$0.4534.8%down
S&P 500 1.5%
$0.69n/m
S&P 500 34.8%
29.5%
S&P 500 5.6%

§ Net income available to common stockholders; the company files no net-income line.

Balance Sheet

5 annual periods

Chip: YoY change.

Balance Sheet, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: S&P 500 median change. Line under a label: how many S&P 500 companies its median rests on.
Line itemFY2025FY2024FY2023FY2022FY20214Y CAGR
Total Assets
$43.67B10.9%up
S&P 500 5.6%
$39.40B12.1%up
S&P 500 3.4%
$35.14B8.2%up
S&P 500 4.1%
$32.47B0.7%up
S&P 500 2.2%
$32.23B4.7%up
S&P 500 6.7%
7.9%
S&P 500 4.7%
Total Liabilities
Median of 357 / 498
—
—
—
—
—
—
S&P 500 4.4%
Stockholders' Equity
$24.47B11.2%up
S&P 500 6.8%
$22.00B12.7%up
S&P 500 5.4%
$19.53B11.1%up
S&P 500 7.3%
$17.57B5.7%up
S&P 500 2.5%
$16.62B8.5%up
S&P 500 9.0%
10.2%
S&P 500 6.1%
Cash & Equivalents
$1.97B374.6%up
S&P 500 5.2%
$0.41B52.1%down
S&P 500 1.9%
$0.86B6.8%down
S&P 500 6.7%
$0.93B51.8%down
S&P 500 -8.6%
$1.93B11.0%up
S&P 500 -2.9%
0.5%
S&P 500 2.0%
Total Debt
Median of 393 / 498
$11.44B†6.4%up
S&P 500 2.3%
$10.75B18.1%up
S&P 500 0.1%
$9.10B1.9%up
S&P 500 0.1%
$8.94B1.4%down
S&P 500 0.1%
$9.06B0.9%down
S&P 500 0.0%
6.0%
S&P 500 3.7%

† Sum of short-term and long-term debt; the company files no total-debt line.

Cash Flow Statement

5 annual periods

Chip: YoY change.

Cash Flow Statement, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: S&P 500 median change. Line under a label: how many S&P 500 companies its median rests on.
Line itemFY2025FY2024FY2023FY2022FY20214Y CAGR
Operating Cash Flow
$4.53B32.0%up
S&P 500 6.3%
$3.44B37.2%up
S&P 500 4.8%
$2.50B64.0%up
S&P 500 9.9%
$1.53B18.4%down
S&P 500 -0.7%
$1.87B24.0%up
S&P 500 10.7%
24.8%
S&P 500 7.0%
Capital Expenditures
$876.00M10.9%up
S&P 500 5.4%
$790.00M11.1%up
S&P 500 2.8%
$711.00M20.9%up
S&P 500 11.3%
$588.00M6.1%up
S&P 500 14.0%
$554.00M47.3%up
S&P 500 8.1%
12.1%
S&P 500 9.0%
Free Cash Flow
Median of 378 / 498
$3.66B38.3%up
S&P 500 7.3%
$2.65B47.6%up
S&P 500 6.1%
$1.79B91.0%up
S&P 500 8.8%
$0.94B28.7%down
S&P 500 -11.3%
$1.32B16.3%up
S&P 500 10.2%
29.1%
S&P 500 4.9%

n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.

S&P 500 median = median of the companies in the index on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-20. This compares reported figures, not share-price returns. Methodology

Ratios & valuation

FY2025

Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.

Valuation · Earnings yield

What a dollar of market value earned

2.0%

Wall Street

on net earnings

FY2024 1.4%

2.6%

Value investor

on free cash flow

FY2024 2.0%

Gap +0.6 pts: Value-investor figure 0.6 points higher

How it’s calculated

Wall Street · on net earnings

Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)

pe_ratio (ratio table)

P/E 49.1×

Value investor · on free cash flow

(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)

free cash flow ÷ market cap

Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.

Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.

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Smart money

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Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.

Peers, filings & research

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Research Reports

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Cite this page

Data as of Oct 23, 2026. Canonical address: https://valuein.biz/data/BSX

APA-style text
Valuein. (2026, October 23). BOSTON SCIENTIFIC CORP (BSX) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/BSX
BibTeX
@misc{valuein_bsx_2026,
  author = {{Valuein}},
  title = {BOSTON SCIENTIFIC CORP (BSX) financial statements, earnings power and smart-money summary},
  year = {2026},
  howpublished = {\url{https://valuein.biz/data/BSX}},
  note = {Data as of 2026-10-23; source: SEC EDGAR filings}
}
Open 10-K in SEC Inline XBRL viewer

10-K filed Feb 17, 2026 · accession 0000885725-26-000010

Agents: every figure Valuein's tools return carries a fact_id that traces to its SEC filing.

point-in-time · survivorship-free · every number traceable to its SEC filing