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Boston Scientific BSX Research and development expense

Research and development expense at other companies

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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 / 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 source filing: Boston Scientific’s 8-K, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 6:33 AM EDT
Accession
0000885725-26-000051

FAQ

What is Boston Scientific's research and development expense?
Boston Scientific (BSX) reported research and development expense of $554M in Q2 2026.
How has Boston Scientific's research and development expense changed year-over-year?
Boston Scientific's research and development expense increased by 5.3% year-over-year, from $526M to $554M.
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?
Includes all costs incurred in the discovery and development of new products, technologies, or processes. For medical device companies, this is a critical investment area that drives future innovation and long-term competitive advantage.

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