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BOSTON SCIENTIFIC CORPORATION

EDGAR
BSX Current report (8-K) · filed 2026-10-28

Annual consolidated revenue for 2025: about USD 20.07B, using the latest reported figures. The previous period, 2024, was about USD 16.75B.

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Watchlist

Latest quarter

Revenue

5.44 billion USD

2026 Q2 · USD

Exact inputs and evidence
  • Revenue: 5442000000 USD Source

Operating margin

21.65%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: 1178000000 USD Source
  • Revenue: 5442000000 USD Source

Operating cash flow

1.47 billion USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 1822000000 USD Source
  • Operating Cash Flow: 348000000 USD Source

Free cash flow

1.28 billion USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 1822000000 USD Source
  • Operating Cash Flow: 348000000 USD Source
  • Capital Expenditure: 372000000 USD Source
  • Capital Expenditure: 177000000 USD Source
Cash and cash equivalents
539 million USD Source
Exact value

539000000 USD

Long-term debt including current maturities
4.81 billion USD Source
Exact value

4808000000 USD

Shares outstanding
1.4 billion shares Source
Exact value

1399310972 shares

Reported share-count change

0.63% · 8.73 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 1390583103 shares · 2019-03-31· Source
  • 1399310972 shares · 2020-03-31· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

21 billion USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 5065000000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 20074000000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 14788000000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 5203000000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 5442000000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

4.53 billion USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 3170000000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 1827000000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 4534000000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 3170000000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 348000000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 1822000000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 348000000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

904 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Capital expenditure: 525000000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 344000000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 876000000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 525000000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 177000000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 372000000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 177000000 USD · 2026-01-01 – 2026-03-31 Source

Free cash flow

3.63 billion USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 3170000000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 1827000000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 4534000000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 3170000000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 348000000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 1822000000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 348000000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 525000000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 344000000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 876000000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 525000000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 177000000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 372000000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 177000000 USD · 2026-01-01 – 2026-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-28.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • Operating income: 11 of 11 periods available· newest 2025-12-31
  • net income: No compatible figures in this window
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 11 of 11 periods available· newest 2025-12-31
  • Total assets: 11 of 11 periods available· newest 2025-12-31
  • liabilities: No compatible figures in this window
  • Current assets: 11 of 11 periods available· newest 2025-12-31
  • Current liabilities: 11 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 3 of 11 periods available· newest 2017-12-31
  • Shares outstanding: 5 of 11 periods available· newest 2019-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +19.9%

    Prior period

    USD 16.75 billion

    –

    Current period

    USD 20.07 billion

    –

    Exact inputs and evidence

    20074000000 − 16747000000 = 3327000000 USD

    16747000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    20074000000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    +32%

    Prior period

    USD 3.44 billion

    –

    Current period

    USD 4.53 billion

    –

    Exact inputs and evidence

    4534000000 − 3435000000 = 1099000000 USD

    3435000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    4534000000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Capital expenditure

    +10.9%

    Prior period

    USD 790 million

    –

    Current period

    USD 876 million

    –

    Exact inputs and evidence

    876000000 − 790000000 = 86000000 USD

    790000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    876000000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Net income.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 20.07 billion 100% of revenue
  • Cost of revenue USD 6.22 billion 31% of revenue
  • Operating expenses USD 10.24 billion 51% of revenue
  • Operating income USD 3.61 billion 18% of revenue
  • Tax, interest and other Derived Unavailable An input is unavailable.
  • Net income Unavailable An input is unavailable.

Cash

  • Operating cash flow USD 4.53 billion 23% of revenue
  • Capital expenditure USD 876 million 4.4% of revenue
  • Free cash flow Derived USD 3.66 billion 18% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 Not shown: operating income or net income is not reported.
  • 2017 Not shown: operating income or net income is not reported.
  • 2018 Not shown: operating income or net income is not reported.
  • 2019 Not shown: operating income or net income is not reported.
  • 2020 Not shown: operating income or net income is not reported.
  • 2021 Not shown: operating income or net income is not reported.
  • 2022 Not shown: operating income or net income is not reported.
  • 2023 Not shown: operating income or net income is not reported.
  • 2024 Not shown: operating income or net income is not reported.
  • 2025 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-318386000000 7939000000 Derived 447000000 UnavailableUnavailable806000000 Derived
Source
2017 2017-01-01 – 2017-12-319048000000 7763000000 Derived 1285000000 UnavailableUnavailable1107000000 Derived
Source
2018 2018-01-01 – 2018-12-319823000000 8317000000 Derived 1506000000 UnavailableUnavailable-6000000 Derived
Source
2019 2019-01-01 – 2019-12-3110735000000 9217000000 Derived 1518000000 UnavailableUnavailable1375000000 Derived
Source
2020 2020-01-01 – 2020-12-319913000000 9993000000 Derived -80000000 UnavailableUnavailable1132000000 Derived
Source
2021 2021-01-01 – 2021-12-3111888000000 10689000000 Derived 1199000000 UnavailableUnavailable1316000000 Derived
Source
2022 2022-01-01 – 2022-12-3112682000000 11033000000 Derived 1649000000 UnavailableUnavailable938000000 Derived
Source
2023 2023-01-01 – 2023-12-3114240000000 11897000000 Derived 2343000000 UnavailableUnavailable1792000000 Derived
Source
2024 2024-01-01 – 2024-12-3116747000000 14144000000 Derived 2603000000 UnavailableUnavailable2645000000 Derived
Source
2025 2025-01-01 – 2025-12-3120074000000 16461000000 Derived 3613000000 UnavailableUnavailable3658000000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 20.1B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.21.7B16.3B10.8B5.4B0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue8386000000
2017Revenue9048000000
2018Revenue9823000000
2019Revenue10735000000
2020Revenue9913000000
2021Revenue11888000000
2022Revenue12682000000
2023Revenue14240000000
2024Revenue16747000000
2025Revenue20074000000

Revenue growth

Change in revenue from the same financial period one year earlier.

19.9% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.22.1%14.1%6.1%-1.9%-9.9%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year12.2%
2017Year over year7.9%
2018Year over year8.6%
2019Year over year9.3%
2020Year over year-7.7%
2021Year over year19.9%
2022Year over year6.7%
2023Year over year12.3%
2024Year over year17.6%
2025Year over year19.9%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 18% 2025
Free cash flow margin 18.2% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.19.7%14.2%8.7%3.2%-2.3%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin5.3%
2017Operating margin14.2%
2018Operating margin15.3%
2019Operating margin14.1%
2020Operating margin-0.8%
2021Operating margin10.1%
2022Operating margin13%
2023Operating margin16.5%
2024Operating margin15.5%
2025Operating margin18%
2016-12-31Net marginNot reported
2017-12-31Net marginNot reported
2018-12-31Net marginNot reported
2019-12-31Net marginNot reported
2020-12-31Net marginNot reported
2021-12-31Net marginNot reported
2022-12-31Net marginNot reported
2023-12-31Net marginNot reported
2024-12-31Net marginNot reported
2025-12-31Net marginNot reported
2016Free cash flow margin9.6%
2017Free cash flow margin12.2%
2018Free cash flow margin-0.1%
2019Free cash flow margin12.8%
2020Free cash flow margin11.4%
2021Free cash flow margin11.1%
2022Free cash flow margin7.4%
2023Free cash flow margin12.6%
2024Free cash flow margin15.8%
2025Free cash flow margin18.2%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 4.5B 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.4.9B3.7B2.4B1.2B0.0201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow1182000000
2017Operating cash flow1426000000
2018Operating cash flow310000000
2019Operating cash flow1836000000
2020Operating cash flow1508000000
2021Operating cash flow1870000000
2022Operating cash flow1526000000
2023Operating cash flow2503000000
2024Operating cash flow3435000000
2025Operating cash flow4534000000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 3.7B 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.4.0B2.9B1.8B763.4M-299.1M201620212025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flow806000000
2017Free cash flow1107000000
2018Free cash flow-6000000
2019Free cash flow1375000000
2020Free cash flow1132000000
2021Free cash flow1316000000
2022Free cash flow938000000
2023Free cash flow1792000000
2024Free cash flow2645000000
2025Free cash flow3658000000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Liabilities / assetsNot reported
2017-12-31Liabilities / assetsNot reported
2018-12-31Liabilities / assetsNot reported
2019-12-31Liabilities / assetsNot reported
2020-12-31Liabilities / assetsNot reported
2021-12-31Liabilities / assetsNot reported
2022-12-31Liabilities / assetsNot reported
2023-12-31Liabilities / assetsNot reported
2024-12-31Liabilities / assetsNot reported
2025-12-31Liabilities / assetsNot reported

Current assets to current liabilities

Current assets divided by current liabilities.

1.62× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.96×1.47×0.98×0.49×0.00×201620212025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016Current assets / current liabilities0.9×
2017Current assets / current liabilities0.68×
2018Current assets / current liabilities0.76×
2019Current assets / current liabilities0.97×
2020Current assets / current liabilities1.82×
2021Current assets / current liabilities1.48×
2022Current assets / current liabilities1.51×
2023Current assets / current liabilities1.32×
2024Current assets / current liabilities1.08×
2025Current assets / current liabilities1.62×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
Unavailable Not reported for this period.
USD 1.18 billion
Exact value

Exact value: 1182000000 USD

2016-01-01 – 2016-12-31: 1182000000 USD Inspect Operating Cash Flow Open source
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USD 376 million
Exact value

Exact value: 376000000 USD

2016-01-01 – 2016-12-31: 376000000 USD Inspect Capital Expenditure Open source
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USD 806 million
Calculation and evidence

1182000000 − 376000000 USD

Exact free cash flow: 806000000 USD

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2017 2017-01-01 – 2017-12-31
Unavailable Not reported for this period.
USD 1.43 billion
Exact value

Exact value: 1426000000 USD

2017-01-01 – 2017-12-31: 1426000000 USD Inspect Operating Cash Flow Open source
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USD 319 million
Exact value

Exact value: 319000000 USD

2017-01-01 – 2017-12-31: 319000000 USD Inspect Capital Expenditure Open source
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USD 1.11 billion
Calculation and evidence

1426000000 − 319000000 USD

Exact free cash flow: 1107000000 USD

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2018 2018-01-01 – 2018-12-31
Unavailable Not reported for this period.
USD 310 million
Exact value

Exact value: 310000000 USD

2018-01-01 – 2018-12-31: 310000000 USD Inspect Operating Cash Flow Open source
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USD 316 million
Exact value

Exact value: 316000000 USD

2018-01-01 – 2018-12-31: 316000000 USD Inspect Capital Expenditure Open source
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−USD 6 million
Calculation and evidence

310000000 − 316000000 USD

Exact free cash flow: -6000000 USD

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2019 2019-01-01 – 2019-12-31
Unavailable Not reported for this period.
USD 1.84 billion
Exact value

Exact value: 1836000000 USD

2019-01-01 – 2019-12-31: 1836000000 USD Inspect Operating Cash Flow Open source
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USD 461 million
Exact value

Exact value: 461000000 USD

2019-01-01 – 2019-12-31: 461000000 USD Inspect Capital Expenditure Open source
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USD 1.38 billion
Calculation and evidence

1836000000 − 461000000 USD

Exact free cash flow: 1375000000 USD

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2020 2020-01-01 – 2020-12-31
Unavailable Not reported for this period.
USD 1.51 billion
Exact value

Exact value: 1508000000 USD

2020-01-01 – 2020-12-31: 1508000000 USD Inspect Operating Cash Flow Open source
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USD 376 million
Exact value

Exact value: 376000000 USD

2020-01-01 – 2020-12-31: 376000000 USD Inspect Capital Expenditure Open source
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USD 1.13 billion
Calculation and evidence

1508000000 − 376000000 USD

Exact free cash flow: 1132000000 USD

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2021 2021-01-01 – 2021-12-31
Unavailable Not reported for this period.
USD 1.87 billion
Exact value

Exact value: 1870000000 USD

2021-01-01 – 2021-12-31: 1870000000 USD Inspect Operating Cash Flow Open source
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USD 554 million
Exact value

Exact value: 554000000 USD

2021-01-01 – 2021-12-31: 554000000 USD Inspect Capital Expenditure Open source
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USD 1.32 billion
Calculation and evidence

1870000000 − 554000000 USD

Exact free cash flow: 1316000000 USD

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2022 2022-01-01 – 2022-12-31
Unavailable Not reported for this period.
USD 1.53 billion
Exact value

Exact value: 1526000000 USD

2022-01-01 – 2022-12-31: 1526000000 USD Inspect Operating Cash Flow Open source
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USD 588 million
Exact value

Exact value: 588000000 USD

2022-01-01 – 2022-12-31: 588000000 USD Inspect Capital Expenditure Open source
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USD 938 million
Calculation and evidence

1526000000 − 588000000 USD

Exact free cash flow: 938000000 USD

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2023 2023-01-01 – 2023-12-31
Unavailable Not reported for this period.
USD 2.5 billion
Exact value

Exact value: 2503000000 USD

2023-01-01 – 2023-12-31: 2503000000 USD Inspect Operating Cash Flow Open source
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USD 711 million
Exact value

Exact value: 711000000 USD

2023-01-01 – 2023-12-31: 711000000 USD Inspect Capital Expenditure Open source
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USD 1.79 billion
Calculation and evidence

2503000000 − 711000000 USD

Exact free cash flow: 1792000000 USD

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2024 2024-01-01 – 2024-12-31
Unavailable Not reported for this period.
USD 3.44 billion
Exact value

Exact value: 3435000000 USD

2024-01-01 – 2024-12-31: 3435000000 USD Inspect Operating Cash Flow Open source
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USD 790 million
Exact value

Exact value: 790000000 USD

2024-01-01 – 2024-12-31: 790000000 USD Inspect Capital Expenditure Open source
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USD 2.65 billion
Calculation and evidence

3435000000 − 790000000 USD

Exact free cash flow: 2645000000 USD

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2025 2025-01-01 – 2025-12-31
Unavailable Not reported for this period.
USD 4.53 billion
Exact value

Exact value: 4534000000 USD

2025-01-01 – 2025-12-31: 4534000000 USD Inspect Operating Cash Flow Open source
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USD 876 million
Exact value

Exact value: 876000000 USD

2025-01-01 – 2025-12-31: 876000000 USD Inspect Capital Expenditure Open source
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USD 3.66 billion
Calculation and evidence

4534000000 − 876000000 USD

Exact free cash flow: 3658000000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

181 filings · 9,623 latest values · 9,623 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000885725, 885725, BSX, edgar:885725

Also known as BOSTON SCIENTIFIC CORP, BOSTON SCIENTIFIC CORPORATION