Current Assets

Income taxes receivable

Boston Scientific Income taxes receivable increased by 19.7% to $358.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.8%, from $294.00M to $358.00M. Over 5 years (FY 2020 to FY 2025), Income taxes receivable shows an upward trend with a 9.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2019
Last reportedQ1 2026May 1, 2026

How to read this metric

An increase may indicate overpayment of estimated taxes or the accrual of refundable credits, representing a potential source of near-term cash inflow.

Detailed definition

This represents the amount of income tax overpayments or refundable tax credits that the company expects to recover from...

Peer comparison

Common for large corporations that manage complex tax filings across multiple jurisdictions.

Metric ID: income_taxes_receivable

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$202.00M$217.00M$205.00M$249.00M$264.00M$262.00M$264.00M$296.00M$303.00M$307.00M$315.00M$319.00M$315.00M$332.00M$307.00M$294.00M$298.00M$310.00M$299.00M$358.00M
QoQ Change+7.4%-5.5%+21.5%+6.0%-0.8%+0.8%+12.1%+2.4%+1.3%+2.6%+1.3%-1.3%+5.4%-7.5%-4.2%+1.4%+4.0%-3.5%+19.7%
YoY Change+30.7%+20.7%+28.8%+18.9%+14.8%+17.2%+19.3%+7.8%+4.0%+8.1%-2.5%-7.8%-5.4%-6.6%-2.6%+21.8%
Range$202.00M$358.00M
CAGR+12.8%
Avg YoY Growth+10.4%
Median YoY Growth+11.5%

Frequently Asked Questions

What is Boston Scientific's income taxes receivable?
Boston Scientific (BSX) reported income taxes receivable of $358.00M in Q1 2026.
How has Boston Scientific's income taxes receivable changed year-over-year?
Boston Scientific's income taxes receivable increased by 21.8% year-over-year, from $294.00M to $358.00M.
What is the long-term trend for Boston Scientific's income taxes receivable?
Over 5 years (2020 to 2025), Boston Scientific's income taxes receivable has grown at a 9.0% compound annual growth rate (CAGR), from $194.00M to $299.00M.
What does income taxes receivable mean?
Tax refunds or credits owed to the company by government tax agencies.