Boston Scientific (BSX) Operating Expenses (2009 - 2026)
Boston Scientific (BSX) reported Operating Expenses of $2.5 billion for Q1 2026, up 9.83% on a YoY basis from $2.3 billion in Q1 2025, and down 11.95% sequentially from $2.9 billion in Q4 2025.
Boston Scientific (BSX) Operating Expenses (2009 - 2026) Analysis & Trends
Boston Scientific (BSX) has 18 years of Operating Expenses data on file, last reported at $2.5 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 9.83% year-over-year to $2.5 billion; the trailing twelve-month figure through Mar 2026 stood at $10.5 billion (up 13.74% YoY), and the FY2025 full-year result was $10.2 billion, up 15.24% from the prior year.
- Operating Expenses retreated to $2.5 billion in Q1 2026, from $2.9 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $2.9 billion in Q4 2025 to a low of $1.6 billion in Q1 2022.
- A 5-year average of $2.1 billion and a median of $2.0 billion in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses slipped 7.34% in 2022 and gained 24.87% in 2024, its largest moves.
- Tracing BSX's Operating Expenses over 5 years: stood at $1.8 billion in 2022, then climbed by 9.02% to $2.0 billion in 2023, then advanced by 21.3% to $2.4 billion in 2024, then grew by 17.93% to $2.9 billion in 2025, then slipped by 11.95% to $2.5 billion in 2026.
- Business Quant data shows BSX's Operating Expenses at $2.5 billion in Q1 2026, $2.9 billion in Q4 2025, and $2.5 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 785.50 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 495.00 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -668.50 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | -47.00 Mn |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | 380.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.51 Bn |
| Dec 31, 2025 | 2.85 Bn |
| Sep 30, 2025 | 2.49 Bn |
| Jun 30, 2025 | 2.61 Bn |
| Mar 31, 2025 | 2.29 Bn |
| Dec 31, 2024 | 2.42 Bn |
| Sep 30, 2024 | 2.16 Bn |
| Jun 30, 2024 | 2.33 Bn |
| Mar 31, 2024 | 1.97 Bn |
| Dec 31, 2023 | 2.00 Bn |
| Sep 30, 2023 | 1.73 Bn |
| Jun 30, 2023 | 2.03 Bn |
| Mar 31, 2023 | 1.80 Bn |
| Dec 31, 2022 | 1.83 Bn |
| Sep 30, 2022 | 1.83 Bn |
| Jun 30, 2022 | 1.81 Bn |
| Mar 31, 2022 | 1.61 Bn |
| Dec 31, 2021 | 1.98 Bn |
| Sep 30, 2021 | 1.65 Bn |
| Jun 30, 2021 | 1.87 Bn |