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Boston Scientific BSX MedSurg — Depreciation

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Cardiovascular
$89M+14.1%

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Other financials

Income statement

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Revenue$5.4B+7.5%
Gross profit$3.8B+12.4%
Operating income$1.2B+43.8%
Net income$907.0M+14.1%
EPS (diluted)$0.61+15.1%

Balance sheet

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Cash & equivalents$850.0M+146%
Total debt$659.0M-94.1%
Total equity$25.9B+16.4%
Total assets$44.4B+10.5%

Cash flow

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Operating cash flow$348.0M-35.7%
CapEx$177.0M-5.3%
Free cash flow$171.0M-51.7%

Valuation

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Market cap$69.19B-54.6%
P/E18.9×-42.3×
P/S3.3×-5.0×

Profitability

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Gross margin69.9%+1.7pp
Operating margin19.8%+2.8pp
Net margin17.5%+4.0pp
FCF margin16.9%-0.3pp

Returns & leverage

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Return on equity14.8%+5.2pp
Debt / equity0×-0.5×
Current ratio1.9×+0.4×

Where this comes from

Reported directly by Boston Scientific in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The source filing: Boston Scientific’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 6:25 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000885725-26-000033
Depreciation expense (in millions)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
MedSurg$29$27
Cardiovascular8978
Consolidated depreciation expense$118$106

ITEM 1. CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Boston Scientific's medsurg — depreciation?
Boston Scientific (BSX) reported medsurg — depreciation of $29M in Q1 2026.
How has Boston Scientific's medsurg — depreciation changed year-over-year?
Boston Scientific's medsurg — depreciation increased by 7.4% year-over-year, from $27M to $29M.
What is the long-term trend for Boston Scientific's medsurg — depreciation?
Over 4 years (2021 to 2025), Boston Scientific's medsurg — depreciation has grown at a 6.0% compound annual growth rate (CAGR), from $91M to $115M.
What does medsurg — depreciation mean?
The systematic allocation of the cost of tangible assets used specifically within the MedSurg segment over their useful lives. This reflects the wear and tear of manufacturing equipment and facilities dedicated to the production of MedSurg devices.

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