Boston Scientific income statement

In fiscal 2025, Boston Scientific reported revenue of $20.07bn, up 19.9% on the year before, operating income of $3.61bn (a 18.0% margin) and net income of $2.90bn, or $1.94 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Boston Scientific: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	8.2	7.8	7.6	7.0	7.1	7.5	8.1	9.1	9.0	9.8	10.7	9.9	11.9	12.7	14.2	16.7	20.1	21.1
Cost of revenue	2.6	2.6	2.7	2.3	2.2	2.2	2.2	2.4	2.6	2.8	3.1	3.5	3.7	4.0	4.3	5.3	6.2	6.5
Gross profit	5.6	5.2	5.0	4.9	5.0	5.2	5.3	6.0	6.5	7.0	7.6	6.4	8.2	8.7	9.9	11.5	13.9	14.6
Research and development	1.0	0.9	0.9	0.9	0.9	0.8	0.9	0.9	1.0	1.1	1.2	1.1	1.2	1.3	1.4	1.6	2.1	2.2
Selling, general and administrative	2.6	2.6	2.5	2.5	2.7	2.9	2.9	3.1	3.3	3.6	3.9	3.8	4.4	4.5	5.2	6.0	6.9	7.1
Operating income	−0.9	−0.7	0.9	−3.9	0.1	−0.3	−0.3	0.4	1.3	1.5	1.5	−0.1	1.2	1.6	2.3	2.6	3.6	3.9
Interest expense	0.4	0.4	0.3	0.3	0.3	0.2	0.3	0.2	0.2	0.2	0.5	0.4	0.3	0.5	0.3	0.3	0.3	0.4
Income before tax	−1.3	−1.1	0.6	−4.1	−0.2	−0.5	−0.7	0.2	0.9	1.4	0.7	−0.1	1.1	1.1	2.0	2.3	3.4	3.7
Income tax	−0.3	0.0	0.2	−0.0	−0.1	−0.4	−0.4	−0.2	0.8	−0.2	−4.0	0.0	0.0	0.4	0.4	0.4	0.5	0.2
Net income	−1.0	−1.1	0.4	−4.1	−0.1	−0.1	−0.2	0.3	0.1	1.7	4.7	−0.1	1.0	0.6	1.6	1.9	2.9	3.5
Diluted EPS	−$0.68	−$0.70	$0.29	−$2.89	−$0.09	−$0.09	−$0.18	$0.25	$0.08	$1.19	$3.33	−$0.08	$0.69	$0.45	$1.07	$1.25	$1.94	$2.37
Diluted shares (average)	1,508m	1,518m	1,519m	1,407m	1,341m	1,324m	1,341m	1,377m	1,393m	1,401m	1,411m	1,417m	1,434m	1,440m	1,464m	1,486m	1,495m	1,479m
EBITDA	−0.1	0.2	1.6	−3.2	0.8	0.4	0.5	1.3	2.1	2.4	2.5	1.0	2.3	2.8	3.5	3.9	5.0	5.4

US$ millions unless shown otherwise. Fiscal quarters.

Boston Scientific: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	4,561	4,663	5,061	5,065	5,286	5,203	5,442	5,138
Cost of revenue	1,466	1,453	1,637	1,523	1,608	1,590	1,594	1,710
Gross profit	3,095	3,210	3,424	3,542	3,679	3,614	3,848	3,428
Research and development	459	443	526	514	569	516	554	520
Selling, general and administrative	1,612	1,597	1,716	1,741	1,834	1,781	1,803	1,683
Operating income	675	921	819	1,048	825	1,101	1,178	828
Interest expense	80	82	90	87	90	90	96	100
Income before tax	585	805	941	939	700	1,162	1,060	733
Income tax	23	133	146	183	30	−176	155	153
Net income	565	674	797	755	672	1,341	907	582
Diluted EPS	$0.38	$0.45	$0.53	$0.51	$0.45	$0.90	$0.61	$0.40
EBITDA	1,023	1,246	930	1,165	1,190	1,452	1,533	1,189

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Boston Scientific's SEC filings (10-K and 10-Q), retrieved November 3, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Boston Scientific.