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Boston Scientific BSX Research and development expense

Research and development expense at other companies

Johnson & Johnson logo
Johnson & JohnsonJNJ
$3.53B+9.4%
Medtronic logo
MedtronicMDT
Eli Lilly logo
Eli LillyLLY

Other financials

Income statement

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Revenue$5.2B+11.6%
Gross profit$3.6B+12.6%
Operating income$1.1B+19.5%
Net income$1.3B+99.3%
EPS (diluted)$0.90+100%

Balance sheet

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Cash & equivalents$850.0M+146%
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-5.4%
Free cash flow$171.0M-51.7%

Valuation

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Market cap$67.32B-37.5%
P/E18.9×-34.3×
P/S3.3×-2.9×

Profitability

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Gross margin69.2%+0.5pp
Operating margin18.4%+2.2pp
Net margin17.3%+5.7pp

Returns & leverage

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Return on equity14.8%+5.2pp
Debt / equity-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:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost.

The official record: Boston Scientific’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Boston Scientific's research and development expense?
Boston Scientific (BSX) reported research and development expense of $516M in Q1 2026.
How has Boston Scientific's research and development expense changed year-over-year?
Boston Scientific's research and development expense increased by 16.5% year-over-year, from $443M to $516M.
What is the long-term trend for Boston Scientific's research and development expense?
Over 4 years (2021 to 2025), Boston Scientific's research and development expense has grown at a 14.3% compound annual growth rate (CAGR), from $1.2B to $2.05B.
What does research and development expense mean?
The money spent on researching and developing new products or improving existing ones.
How do you interpret research and development expense?
Higher spending indicates a commitment to innovation and future growth, while significantly lower spending may raise concerns about the long-term product pipeline.
How does research and development expense compare across companies?
Standard for technology and medical device firms; peers typically maintain high R&D spend to stay competitive.