Boston Scientific (BSX) Gross Margin (2009 - 2026)
Boston Scientific (BSX) recorded Gross Margin of 70.71% in Q2 2026, up 3.05 percentage points from 67.65% a year earlier and up 1.25 percentage points from the prior quarter.
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Analysis
Boston Scientific (BSX) Gross Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Boston Scientific's Gross Margin came in at 69.93% as of Jun 30, 2026, up 1.66 percentage points year-over-year; for FY2025, it was 69.01%, up 0.41 percentage points from FY2024.
- Annual Gross Margin has a five-year change of +3.97 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 68.61% in FY2024 (-0.89 pp), 69.49% in FY2023 (+0.68 pp), 68.81% in FY2022 (+0.03 pp) and 68.78% in FY2021 (+3.74 pp).
- The Q2 2026 figure is the highest quarterly Gross Margin since Q4 2019.
- On a year-over-year basis, Gross Margin has increased for four consecutive quarters, with an average year-over-year change of +0.48 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 5.87 percentage points in Q4 2021, against a drop of 1.52 percentage points in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 69.46% (Q1 2026), 69.60% (Q4 2025) and 69.93% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 40.70% |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 57.71% |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 57.64% |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 67.78% |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 68.27% |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 70.71% |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 46.46% |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 77.46% |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | 55.48% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.71% |
| 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% |
API Access
Boston Scientific Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BSX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BSX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();