Boston Scientific Corp
NYSE: BSX · HEALTHCARE · MEDICAL DEVICES
Updated 2026-06-12
Boston Scientific Corp (BSX) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.84B | $934.00M | $1.22B | $835.00M | $325.00M | $1.01B | $1.26B | $1.08B | $1.27B | $600.00M | $972.00M | $1.43B | $310.00M | $1.84B | $1.51B | $1.87B | $1.53B | $2.50B | $3.44B | $4.53B |
| Capital expenditures | $341.00M | $363.00M | $362.00M | $362.00M | $278.00M | $304.00M | $226.00M | $245.00M | $259.00M | $247.00M | $376.00M | $319.00M | $316.00M | $461.00M | $376.00M | $554.00M | $612.00M | $800.00M | $790.00M | $876.00M |
| Depreciation | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based comp | $4.14B | $122.00M | $138.00M | $144.00M | $150.00M | $128.00M | $108.00M | $105.00M | $103.00M | $107.00M | $116.00M | $127.00M | $140.00M | $157.00M | $170.00M | $194.00M | $220.00M | $233.00M | $266.00M | $299.00M |
| Free cash flow | $1.50B | $571.00M | $854.00M | $473.00M | $47.00M | $704.00M | $1.03B | $837.00M | $1.01B | $353.00M | $596.00M | $1.11B | $-6.00M | $1.38B | $1.13B | $1.32B | $914.00M | $1.70B | $2.65B | $3.66B |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | $508.00M | — | $0.00 | $0.00 | $0.00 | $371.00M | $1.78B | $759.00M | $0.00 | $0.00 | $28.00M | $28.00M | $28.00M | $28.00M | $55.00M | $55.00M | $28.00M | $0.00 | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | — | — | $-777.00M | $-651.00M | $54.00M | $-60.00M | $10.00M | $370.00M | $-268.00M | $-123.00M | $530.00M | $-187.00M | $-222.00M | $1.39B | $178.00M | $-1.03B | — | — | — |
Frequently asked questions
What is Boston Scientific Corp's revenue?
Boston Scientific Corp's trailing twelve-month revenue is $20.61B, and consensus projects about $32.25B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is BSX?
In its most recent fiscal year, BSX ran a gross margin of 69.01%, an operating margin of 19.78%, and a net margin of 14.38%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does BSX generate?
BSX produced $3.66B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is BSX's balance sheet healthy?
BSX holds $2.04B in cash and equivalents against $11.14B in long-term debt, on $24.23B of shareholder equity. That debt is best read against the cash flow the business throws off each year.