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Boston Scientific Corp (BSX)

Boston Scientific Corp brought in $21B of revenue over the twelve months to June 30, 2026, up 13.5% from a year earlier. Net income was $3.7B, a net margin of 17.5%. Operating cash flow minus capital spending left $3.7B of free cash flow in fiscal 2025. At June 30, 2026 it held $539M in cash against $10.9B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 3, 2026.

Price
$42.40
-0.47% on the day · October 5, 2026
52-week range $41.94 to $105.65
Market cap
$61.4B
Revenue (last 12 months)
$21B
+13.5% year on year
Net margin
17.5%
P/E
21.9
on FY2025 diluted EPS

Key facts about Boston Scientific Corp

Net worth
Boston Scientific Corp has a market value (market cap) of $61.4B at the latest share price, and shareholders' equity of $24.9B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $20.1B (+19.9% year on year), with net income of $2.9B. Over the 12 months to June 30, 2026: revenue $21B, net income $3.7B.
Cash flow
In fiscal 2025 operations brought in $4.5B of cash; after $876M of capital spending, free cash flow was $3.7B.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 3, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
Next earnings report
Boston Scientific Corp's next report is expected around October 26, 2026. That is an estimate from its filing rhythm, not a date the company has announced.

What Boston Scientific Corp does

Boston Scientific develops, manufactures, and markets medical devices used in interventional medical specialties. Its products include pacemakers, defibrillators, stents, catheters, and endoscopy tools, which are purchased by hospitals, clinics, and physicians worldwide. Its shares trade on NYSE under the ticker BSX.

Revenue and profit by year

Revenue
FY18: $9.8B $9.8B FY18FY19: $10.7B $10.7B FY19FY20: $9.9B $9.9B FY20FY21: $11.9B $11.9B FY21FY22: $12.7B $12.7B FY22FY23: $14.2B $14.2B FY23FY24: $16.7B $16.7B FY24FY25: $20.1B $20.1B FY25
Net income
FY18: $1.7B $1.7B FY18FY19: $4.7B $4.7B FY19FY20: -$115M -$115M FY20FY21: $985M $985M FY21FY22: $642M $642M FY22FY23: $1.6B $1.6B FY23FY24: $1.9B $1.9B FY24FY25: $2.9B $2.9B FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$20.1B$3.6B$2.9B$1.94$3.7B
2024$16.7B$2.6B$1.9B$1.25$2.6B
2023$14.2B$2.3B$1.6B$1.07$1.8B
2022$12.7B$1.6B$642M$0.45$938M
2021$11.9B$1.2B$985M$0.69$1.3B
2020$9.9B-$80M-$115M-$0.08$1.1B

Full financial statements: income, balance sheet and cash flow

Next report expected around October 26, 2026.

Estimated from its filing rhythm: about 88 days after its last report of July 29, 2026, its usual gap. Not a date the company has announced. See the report calendar

Where BSX ranks in Health care

Revenue$20.1B
#30 of 750 in Health care · Top 4%
Revenue growth+19.9%
#187 of 532 in Health care · Top 35%
Net margin14.4%
#85 of 543 in Health care · Top 15%
Free cash flow margin18.2%
#72 of 489 in Health care · Top 15%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Health care

Dividends

Fiscal yearPer sharePaid outOf profit
2024n/a$00%
2023n/a$28M2%
2022n/a$55M9%
2021n/a$55M6%
2020n/a$28Mn/a
2019n/a$00%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Boston Scientific Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 23, 2026
    Executive or director change8-KExecutive Vice President Arthur C. Butcher will retire from Boston Scientific Corporation effective January 1, 2027.
  2. September 8, 2026
  3. August 26, 2026
  4. August 6, 2026
  5. August 3, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue rose 7.5% to $5.4B versus the same quarter last year; diluted EPS $0.61 versus $0.53.
  6. July 29, 2026
  7. July 27, 2026
  8. June 24, 2026
  9. May 21, 2026
  10. May 18, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 3, 2026. Insider transactions on SEC

What is BSX worth? A DCF from its reported cash flow

Insider trades

What the people running Boston Scientific Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders bought $9.5M worth of shares on the open market in the last 90 days and sold none.

Bought (open market)
$9.5M
last 90 days
Sold
$0
last 90 days
Net bought
196,562
$9.5M
DateInsiderWhatSharesPriceValueFiling
September 2, 2026 O'Connor Padraig AndrewEVP, Global Operations Exercised options 1,171 - - Form 4
September 2, 2026 O'Connor Padraig AndrewEVP, Global Operations Shares withheld for tax 567 $48.37 $27.4K Form 4
August 25, 2026 Morano Susan EDirector Bought 2,040 $49.22 $100.4K Form 4
August 11, 2026 Woodworth EmilySVP, Global Controller and CAO Other changeindirect 2,930 $51.19 $150K Form 4
August 10, 2026 Monson JonathanEVP and CFO Other changeindirect 9,908 $50.46 $500K Form 4
August 5, 2026 Habiger David CDirector Bought 2,100 $47.59 $99.9K Form 4
August 4, 2026 Habiger David CDirector Bought 140 $48.59 $6.8K Form 4
August 3, 2026 Mahoney Michael FChairman, President & CEO, Director Bought 186,240 $48.33 $9M Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns BSX

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Vanguard Capital Management13G, passive 7.47% 111,127,205 April 29, 2026

Latest filings below 5%: Fmr LLC 3.1% (August 6, 2026); The Vanguard Group 0% (March 26, 2026).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 1,474 managers reported a position.

HolderSharesValueChange on quarter
BlackRock, Inc.129,680,916$5.53B-2,141,121
Vanguard Capital Management LLC97,087,553$4.14B+675,985
State Street Corp70,111,196$2.99B+2,124,349
Primecap Management Co50,520,914$2.16B+17,991,140
Fmr LLC45,702,845$1.95B-28,523,550
Massachusetts Financial Services Co24,859,191$1.5B+13,862,619
Geode Capital Management, LLC33,440,102$1.42B+154,345
Vanguard Portfolio Management LLC29,792,794$1.27B-3,417
D. E. Shaw & Co., Inc.25,457,409$1.09B+1,145,057
Jpmorgan Chase & Co23,907,838$1.04B-9,442,319
Arrowstreet Capital, Limited Partnership23,293,913$994.2M+9,402,245
Norges Bank21,170,029$903.5Mnew
Two Sigma Investments, LP19,359,023$826.2M+9,947,792
Morgan Stanley18,947,147$808.7M-3,319,517
Jupiter Topco LLC18,822,853$803.4Mnew
Goldman Sachs Group Inc16,954,342$723.6M-1,937,282
Capital World Investors16,812,257$717.6M+1,502,519
UBS Group AG16,352,420$697.9M+1,527,758
Wellington Management Group Llp15,301,828$653.1M-3,531,578
Amundi14,296,121$610.2M+173,208

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

16 insiders reported holding 2,253,748 shares in total, about $95.6M at the last price.

HolderSharesAs of
Mahoney Michael FChairman, President & CEO, Director 1,612,14322,119 held indirectly August 3, 2026
Fitzgerald Joseph MichaelEVP & Group Pres, Cardiology 278,10564,198 held indirectly July 31, 2026
Butcher Arthur CEVP& Grp Pres, MedSurg & APAC 77,09220,205 held indirectly May 2, 2026
Brown Vance REVP, GC and Corp. Secretary 54,244 February 16, 2026
Monson JonathanEVP and CFO 48,9719,908 held indirectly August 10, 2026
Wichmann David SDirector 45,382 May 7, 2026
Ludwig Edward JDirector 30,359 July 31, 2026
Zane Ellen MDirector 27,934 May 7, 2026
O'Sullivan MiriamSVP, Chief HR Officer 17,302 February 16, 2026
Habiger David CDirector 17,160 August 5, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about BSX

What does Boston Scientific Corp do?

Boston Scientific develops, manufactures, and markets medical devices used in interventional medical specialties. Its products include pacemakers, defibrillators, stents, catheters, and endoscopy tools, which are purchased by hospitals, clinics, and physicians worldwide. Its shares trade on NYSE under the ticker BSX.

What is Boston Scientific Corp's net worth?

Boston Scientific Corp has a market value (market cap) of $61.4B at the latest share price, and shareholders' equity of $24.9B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Boston Scientific Corp profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $3.7B on revenue of $21B, a net margin of 17.5%.

How much revenue does Boston Scientific Corp make?

Over the twelve months to June 30, 2026 Boston Scientific Corp reported revenue of $21B. That is 13.5% more than a year earlier.

When did Boston Scientific Corp last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 3, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the executive or director change from September 23, 2026.

When is Boston Scientific Corp's next earnings report?

Boston Scientific Corp's next report is expected around October 26, 2026. That is an estimate from its filing rhythm, not a date the company has announced.

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Where the numbers come from

Financial figures are the values Boston Scientific Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.