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Boston Scientific

BSXNYSEStock Fundamentals

Boston Scientific Corporation is a global leader in the development, manufacturing, and marketing of medical devices used across various interventional medical specialties. The company focuses on less-invasive medical solutions that serve as alternatives to traditional surgery, aiming to improve patient outcomes while reducing healthcare costs. Its portfolio addresses complex conditions in cardiovascular, respiratory, digestive, oncological, neurological, and urological medicine.

Market Cap$85.9B
Revenue TTM$20.6B
Net Income TTM$3.6B
P/E Ratio23.87
Net Margin17.26%
EPS TTM$2.39
Free Cash Flow TTM$3.5B
Employees48.0K
CEOMichael F. Mahoney
CountryUnited States of America
Healthcare
Medical - Devices
SegmentsMedical Devices, Biotechnology, Health Technology
Business ModelsManufacturing, Direct Sales, Research and Development
Most Recent EarningsApr 22, 2026 · 1 month 4 days agoQ1 2026
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Next EarningsJul 29, 2026 · in 2 monthsBefore Market Open · Q2 2026

Financials

Based on Q1 2026 filing

Gross Margin69.16%
Op. Margin18.4%
ROE14.81%
Current Ratio1.90
Cash$850.0M
CapEx TTM$866.0M

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Cardiovascular

primary

A newly consolidated segment that integrates cardiology and peripheral interventions to treat coronary, peripheral, and venous diseases. It includes market-leading technologies for heart rhythm management, electrophysiology, and stroke risk reduction.

Products

WATCHMAN™, FARAPULSE™ PFA System, SYNERGY™ Stent Systems, AGENT™ Drug-Coated Balloon, RESONATE™ ICD, HeartLogic™, TheraSphere™ Y-90, Lightning Bolt™

Customers

Interventional cardiologists, Electrophysiologists, Vascular surgeons, Oncologists, Hospital networks

MedSurg

major

This segment focuses on minimally invasive technologies for endoscopy, urology, and neuromodulation. It provides tools for diagnosing and treating gastrointestinal conditions, kidney stones, pelvic floor disorders, and chronic pain management.

Products

Resolution 360™, SpyGlass™, AXIOS™ Stents, LithoVue™, GreenLight XPS™, Rezūm™ Systems, WaveWriter Alpha™, Intracept™, Vercise Genus™

Customers

Hospitals, Outpatient facilities, Gastroenterologists, Urologists, Neurologists

Segment Financials

Cardiovascular — Research and development expenses, percentage of net sale

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Cardiovascular — Cost of products sold, percentage of net sale

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Cardiovascular — Other segment items, percentage of net sale

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MedSurg — Research and development expenses, percentage of net sale

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MedSurg — Research and development expenses

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MedSurg — Net sales of reportable segments

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Business Overview

Competitive Position

A leading global medical technology provider specializing in category leadership through high-growth adjacencies and less-invasive procedural innovation.

Geographies

Global, United States, China, Japan, Europe

Customer Segments

Hospitals, Specialist Physicians, Ambulatory Surgery Centers, Group Purchasing Organizations

Upstream Dependencies

Raw material suppliers, Specialized component manufacturers, Sterilization service providers, Research institutions and universities

Downstream Customers

Hospitals, Clinics, Medical offices, Group Purchasing Organizations (GPOs), Third-party distributors

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Boston Scientific FAQ

Common questions about Boston Scientific

Boston Scientific Corporation is a global leader in the development, manufacturing, and marketing of medical devices used across various interventional medical specialties. The company focuses on less-invasive medical solutions that serve as alternatives to traditional surgery, aiming to improve patient outcomes while reducing healthcare costs. Its portfolio addresses complex conditions in cardiovascular, respiratory, digestive, oncological, neurological, and urological medicine.

Boston Scientific (BSX) has a market capitalization of $85.9B and trades on NYSE.

Boston Scientific generated $20.6B in trailing twelve-month revenue with net income of $3.6B, representing a net margin of 17.3%. Gross margin stands at 69.2%, with free cash flow of $3.5B. These figures are based on the Q1 2026 filing.

Boston Scientific's key competitors include Medtronic plc, Stryker Corporation, Edwards Lifesciences, and others. These companies compete in similar markets and product categories.

Boston Scientific has approximately 48,000 employees.