Free Cash Flow

Free cash flow

Boston Scientific Free cash flow decreased by 83.1% to $171.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 51.7%, from $354.00M to $171.00M. Over 4 years (FY 2021 to FY 2025), Free cash flow shows an upward trend with a 29.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement
SectionFree Cash Flow
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.

Detailed definition

Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...

Peer comparison

High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.

Metric ID: cf_free_cash_flow

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$537.00M$358.00M$212.00M-$179.00M$202.00M$320.00M$595.00M$79.00M$515.00M$508.00M$690.00M-$15.00M$658.00M$823.00M$1.18B$354.00M$1.13B$1.16B$1.01B$171.00M
QoQ Change-33.3%-40.8%-184.4%+212.8%+58.4%+85.9%-86.7%+551.9%-1.4%+35.8%-102.2%>999%+25.1%+43.3%-70.0%+218.9%+2.9%-12.8%-83.1%
YoY Change-62.4%-10.6%+180.7%+144.1%+155.0%+58.8%+16.0%-119.0%+27.8%+62.0%+70.9%>999%+71.6%+41.2%-14.1%-51.7%
Range-$179.00M$1.18B
CAGR-21.4%
Avg YoY Growth+189.4%
Median YoY Growth+50.0%
Current Streak2 quarters decline

Frequently Asked Questions

What is Boston Scientific's free cash flow?
Boston Scientific (BSX) reported free cash flow of $171.00M in Q1 2026.
How has Boston Scientific's free cash flow changed year-over-year?
Boston Scientific's free cash flow decreased by 51.7% year-over-year, from $354.00M to $171.00M.
What is the long-term trend for Boston Scientific's free cash flow?
Over 4 years (2021 to 2025), Boston Scientific's free cash flow has grown at a 29.1% compound annual growth rate (CAGR), from $1.32B to $3.66B.
What does free cash flow mean?
The cash a company has left over after paying for its operating expenses and capital investments.