Boston Scientific (BSX) Gross Margin (2009 - 2026)

Boston Scientific (BSX) reported Gross Margin of 69.46% for Q1 2026, up 62.0% on a YoY basis from 42.88% in Q1 2025, and little changed sequentially from 69.6% in Q4 2025.

Boston Scientific (BSX) Gross Margin (2009 - 2026) Analysis & Trends

Boston Scientific (BSX) has 18 years of Gross Margin data on file, last reported at 69.46% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 62.0% year-over-year to 69.46%; the trailing twelve-month figure through Mar 2026 stood at 69.17% (up 51.0% YoY), and the FY2025 full-year result was 69.01%, up 41.0% from the prior year.
  • Gross Margin was little changed at 69.46% in Q1 2026, from 69.6% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 70.63% in Q2 2023 to a low of 67.65% in Q2 2025.
  • A 5-year average of 69.01% and a median of 68.85% in 2022 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin jumped 180 bps in 2023 and slumped 152 bps in 2025, its largest moves.
  • Tracing BSX's Gross Margin over 5 years: stood at 68.85% in 2022, then grew by 1 bps to 69.23% in 2023, then decreased by 2 bps to 67.86% in 2024, then gained by 3 bps to 69.6% in 2025, then retreated by 0 bps to 69.46% in 2026.
  • Business Quant data shows BSX's Gross Margin at 69.46% in Q1 2026, 69.6% in Q4 2025, and 69.93% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 56.20%
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 63.29%
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 65.35%
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 69.46%
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 78.01%
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 62.95%
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn 45.22%
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 38.53%
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Steris 20.59 Bn 20.16 Bn 697.10 Mn 43.89%

Historic Data

Download Data
DateValue
Mar 31, 2026 69.46%
Dec 31, 2025 69.60%
Sep 30, 2025 69.93%
Jun 30, 2025 67.65%
Mar 31, 2025 68.84%
Dec 31, 2024 67.86%
Sep 30, 2024 68.83%
Jun 30, 2024 69.17%
Mar 31, 2024 68.67%
Dec 31, 2023 69.23%
Sep 30, 2023 68.78%
Jun 30, 2023 70.63%
Mar 31, 2023 69.31%
Dec 31, 2022 68.85%
Sep 30, 2022 69.12%
Jun 30, 2022 68.83%
Mar 31, 2022 68.44%
Dec 31, 2021 68.92%
Sep 30, 2021 69.30%
Jun 30, 2021 69.29%