Boston Scientific (BSX) Gross Margin (2009 - 2026)
Boston Scientific's (BSX) quarterly Gross Margin came in at 69.46% in Q1 2026, up 62.0% year-on-year from 42.88% in Q1 2025, and little changed quarter-over-quarter from 69.6% in Q4 2025.
Boston Scientific (BSX) Gross Margin (2009 - 2026) Analysis & Trends
Boston Scientific has disclosed Gross Margin across 18 years of filings, most recently posting 69.46% for Q1 2026.
- Gross Margin for Q1 2026 came in at 69.46%, up 62.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 69.17% (up 51.0% YoY), and the FY2025 annual result was 69.01%, up 41.0% from the prior year.
- Gross Margin came in at 69.46% for Q1 2026 at Boston Scientific, roughly flat 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.
- The 5-year median for Gross Margin is 68.85% (2022), against an average of 69.01%.
- Across the five-year window, Gross Margin jumped 180 bps in 2023 and plunged 152 bps in 2025, its largest moves.
- Boston Scientific's Gross Margin stood at 68.85% in 2022, then increased by 1 bps to 69.23% in 2023, then slipped by 2 bps to 67.86% in 2024, then advanced by 3 bps to 69.6% in 2025, then decreased by 0 bps to 69.46% in 2026.
- The last three Gross Margin figures came in at 69.46% (Q1 2026), 69.6% (Q4 2025), and 69.93% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 43.89% |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 Bn | 1.51 Bn | 72.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |