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Boston Scientific BSX Q3 2025 earnings

Reported October 22, 2025 · Before market open

Revenue$5.1BBeat by $96.0M
EPS$0.75Beat by $0.04
Revenue estimate$5.0B
EPS estimate$0.71

Next report

Oct 28, 2026 (In 3 weeks)
Revenue estimate$5.1B
EPS estimate$0.77

Financials

Q3 2025

Income statement

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Revenue$5.1B+20.3%
Gross profit$3.5B+22.3%
Operating income$1.0B+43.0%
Net income$755.0M+61.3%
EPS (diluted)$0.51+59.4%

Balance sheet

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Cash & equivalents$893.0M+11.2%
Total debt$12.2B+8.7%
Total equity$23.4B+13.0%
Total assets$42.7B+12.2%

Cash flow

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Operating cash flow$1.3B+34.0%
CapEx$181.0M+1.1%
Free cash flow$1.2B+41.2%

Valuation & ratios

Valuation

as of 09/30/25
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Market cap$144.66B+17.2%
Enterprise value$156.01B+16.5%
P/E52×-17.1×
P/S7.5×-0.3×

Profitability

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Gross margin68.6%-0.4pp
Operating margin17.9%+2.1pp
Net margin14.4%+3.2pp
FCF margin19.8%+6.2pp

Returns & leverage

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Return on equity12.6%+3.6pp
Debt / equity0.5×0.0×
Current ratio1.5×0.0×

Segments

By product

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Electrophysiology$865.0M+64.1%
Endoscopy$747.0M+10.2%
Urology$682.0M+28.2%
Cardiac Rhythm Management$578.0M+3.0%
Watchman$512.0M+34.7%

By geography

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Asia-Pacific$802.0M+17.3%
Europe, Middle East and Africa$793.0M+2.6%
Latin America and Canada$175.0M+10.1%

By segment

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Cardiovascular$3.3B+22.4%
MedSurg$1.7B+16.4%

FAQ

When did Boston Scientific report Q3 2025 earnings?
Boston Scientific (BSX) reported Q3 2025 earnings on October 22, 2025 before market open.
What were Boston Scientific's Q3 2025 revenue and EPS?
Boston Scientific reported revenue of $5.1B and eps of $0.75 for Q3 2025.
Did Boston Scientific beat estimates in Q3 2025?
Revenue beat the consensus estimate of $5.0B by $96.0M. EPS beat the consensus estimate of $0.71 by $0.04.
How did Boston Scientific's Q3 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 20.3% from $4.2B a year earlier and eps grew 19.0% from $0.63.
Where can I find Boston Scientific's Q3 2025 SEC filings?
You can read the 8-K earnings release (0000885725-25-000046) and the 10-Q periodic report (0000885725-25-000050) directly on SEC EDGAR. The filing index links above go to sec.gov.