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Current Assets

Income taxes receivable

Boston Scientific Income taxes receivable increased by 19.7% to $358M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.8%, from $294M to $358M. Over 5 years (FY 2020 to FY 2025), Income taxes receivable shows an upward trend with a 9.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026May 1, 2026

How to read this metric

Fluctuations are generally driven by timing differences in tax filings and payments rather than operational performance.

Detailed definition

This represents the amount of income tax overpayments or credits due back to the company from various taxing authorities...

Peer comparison

Standard accounting item; typically minor in scale compared to total assets.

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$202M$217M$205M$249M$264M$262M$264M$296M$303M$307M$315M$319M$315M$332M$307M$294M$298M$310M$299M$358M
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$202M$358M
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 $358M 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 $294M to $358M.
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 $194M to $299M.
What does income taxes receivable mean?
Tax refunds or credits owed to the company by government tax authorities.