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Boston Scientific vs Resmed: revenue, profit, margins and growth compared

Boston Scientific brought in $20.1B of revenue in fiscal 2025, Resmed $5.7B in fiscal 2026. Revenue changed by +19.9% at Boston Scientific and +9.9% at Resmed on the year before, so Boston Scientific grew faster. Boston Scientific kept 14.4% of its revenue as net profit, Resmed 26.9%. Free cash flow was $3.7B at Boston Scientific and $1.6B at Resmed.

Side by side, latest fiscal year

BSXRMD
Fiscal year endedFY2025 (December 31, 2025)FY2026 (June 30, 2026)
Revenue$20.1B$5.7B
Revenue growth+19.9%+9.9%
Net income$2.9B$1.5B
Net margin14.4%26.9%
Free cash flow$3.7B$1.6B
Free cash flow margin18.2%29.2%
Earnings per share (diluted)$1.94$10.43
Cash$2B$1.5B
Debt$11.1B$399.4M
Price to earnings22.521.3
Market value$63.2B$32B
Dividend yieldn/a1.08%
Rank by revenue in sector#30 of 742 · Health care#61 of 742 · Health care

Over the years

Revenue
BSX FY2018: $9.8BBSX FY2019: $10.7BBSX FY2020: $9.9BBSX FY2021: $11.9BBSX FY2022: $12.7BBSX FY2023: $14.2BBSX FY2024: $16.7BBSX FY2025: $20.1BRMD FY2019: $2.6BRMD FY2020: $3BRMD FY2021: $3.2BRMD FY2022: $3.6BRMD FY2023: $4.2BRMD FY2024: $4.7BRMD FY2025: $5.1BRMD FY2026: $5.7BFY18FY19FY20FY21FY22FY23FY24FY25FY26
BSX $20.1BRMD $5.7B
Net income
BSX FY2018: $1.7BBSX FY2019: $4.7BBSX FY2020: -$115MBSX FY2021: $985MBSX FY2022: $642MBSX FY2023: $1.6BBSX FY2024: $1.9BBSX FY2025: $2.9BRMD FY2019: $404.6MRMD FY2020: $621.7MRMD FY2021: $474.5MRMD FY2022: $779.4MRMD FY2023: $897.6MRMD FY2024: $1BRMD FY2025: $1.4BRMD FY2026: $1.5BFY18FY19FY20FY21FY22FY23FY24FY25FY26
BSX $2.9BRMD $1.5B
Net margin
BSX FY2018: 17.0%BSX FY2019: 43.8%BSX FY2020: -1.2%BSX FY2021: 8.3%BSX FY2022: 5.1%BSX FY2023: 11.0%BSX FY2024: 11.1%BSX FY2025: 14.4%RMD FY2019: 15.5%RMD FY2020: 21.0%RMD FY2021: 14.8%RMD FY2022: 21.8%RMD FY2023: 21.3%RMD FY2024: 21.8%RMD FY2025: 27.2%RMD FY2026: 26.9%FY18FY19FY20FY21FY22FY23FY24FY25FY26
BSX 14.4%RMD 26.9%
Revenue growth
BSX FY2019: +9.3%BSX FY2020: -7.7%BSX FY2021: +19.9%BSX FY2022: +6.7%BSX FY2023: +12.3%BSX FY2024: +17.6%BSX FY2025: +19.9%RMD FY2020: +13.4%RMD FY2021: +8.1%RMD FY2022: +11.9%RMD FY2023: +18.0%RMD FY2024: +10.9%RMD FY2025: +9.8%RMD FY2026: +9.9%FY19FY20FY21FY22FY23FY24FY25FY26
BSX +19.9%RMD +9.9%
Free cash flow
BSX FY2018: -$6MBSX FY2019: $1.4BBSX FY2020: $1.1BBSX FY2021: $1.3BBSX FY2022: $938MBSX FY2023: $1.8BBSX FY2024: $2.6BBSX FY2025: $3.7BRMD FY2019: $390.3MRMD FY2020: $706.9MRMD FY2021: $634MRMD FY2022: $216.3MRMD FY2023: $573.6MRMD FY2024: $1.3BRMD FY2025: $1.7BRMD FY2026: $1.6BFY18FY19FY20FY21FY22FY23FY24FY25FY26
BSX $3.7BRMD $1.6B

Fiscal years as each company reports them; the two may end in different months.

Questions about Boston Scientific and Resmed

Which is bigger by revenue, Boston Scientific or Resmed?

Boston Scientific is bigger by revenue: $20.1B in fiscal 2025, against $5.7B for Resmed in fiscal 2026.

Which keeps more of its revenue as profit, Boston Scientific or Resmed?

Boston Scientific had a net margin of 14.4% in fiscal 2025; Resmed had 26.9% in fiscal 2026.

Which grew revenue faster, Boston Scientific or Resmed?

In their latest fiscal years revenue changed by +19.9% at Boston Scientific and +9.9% at Resmed.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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