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Health Care · Health Care Equipment

Boston Scientific: revenue, profit and cash flow

In fiscal 2025, Boston Scientific had revenue of $20.1B, up 9.5% a year on average since 2015, and net income of $2.9B (14.4% of revenue). It has 11% more shares than in 2015.

Revenue, fiscal 2025

$20.1B+9.5% a year

average annual revenue growth since 2015 · +19.9% vs 2024

Net income, 2025
$2.9B
14.4% of revenue
Diluted EPS, 2025
$1.94
Revenue growth, 5 years
15.2% a year
since 2020
Shares, 2025
1.49B
+11.4% since 2015
Free cash flow, 2025
$3.66B
$4.53B from operations − $876M capex
Ticker
BSX · NYSE
Sector
Health Care
Sub-industry
Health Care Equipment
Headquarters
Marlborough, Massachusetts
Founded
1979
In the S&P 500 since
February 24, 1995
Latest fiscal year
2025, ended December 31, 2025
SEC filer
Boston Scientific Corp · CIK 0000885725

Revenue and net income

Revenue went from $8.36B in 2007 to $20.1B in 2025. Net loss in 2007–2010, 2012–2015, 2020.

RevenueNet income
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from −$0.33 in 2007 to $1.94 in 2025.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

11.4% more shares in 2025 than in 2015 (1.34B → 1.49B): new shares outweighed buybacks.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was $3.66B in 2025, 18.2% of revenue. Negative in 2018.

Operating cash flowCapital expenditureFree cash flow
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal yearRevenueNet incomeNet marginDiluted EPSSharesOperating cash flowCapexFree cash flow
2025$20.1B$2.9B14.4%$1.941.49B$4.53B$876M$3.66B
2024$16.7B$1.85B11.1%$1.251.49B$3.44B$790M$2.65B
2023$14.2B$1.57B11.0%$1.071.46B$2.5B$711M$1.79B
2022$12.7B$642M5.1%$0.451.44B$1.53B$588M$938M
2021$11.9B$985M8.3%$0.691.43B$1.87B$554M$1.32B
2020$9.91B−$115M−1.2%−$0.081.42B$1.51B$376M$1.13B
2019$10.7B$4.7B43.8%$3.331.41B$1.84B$461M$1.38B
2018$9.82B$1.67B17.0%$1.191.4B$310M$316M−$6.0M
2017$9.05B$104M1.1%$0.081.39B$1.43B$319M$1.11B
2016$8.39B$347M4.1%$0.251.38B$1.18B$376M$806M
2015$8.07B−$239M−3.0%−$0.181.34B$691M$247M$444M
2014$7.46B−$119M−1.6%−$0.091.32B$1.27B$259M$1.01B
2013$7.07B−$121M−1.7%−$0.091.34B$1.11B$245M$865M
2012$6.96B−$4.07B−58.5%−$2.891.41B$1.28B$226M$1.05B
2011$7.62B$441M5.8%$0.291.52B$1.01B$304M$704M
2010$7.81B−$1.06B−13.6%−$0.701.52B$325M$272M$53M
2009$8.19B−$1.02B−12.5%−$0.681.51B$835M$312M$523M
2008$8.05B−$2.04B−25.3%−$1.361.5B$1.22B$362M$854M
2007$8.36B−$495M−5.9%−$0.331.49B$934M$363M$571M

Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.

About these figures

Other Health Care Equipment companies

All 60 Health Care companies

Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.