Boston Scientific (BSX) Operating Margin (2009 - 2026)
Boston Scientific (BSX) posted quarterly Operating Margin of 21.65% for Q2 2026, up 546.0% year-over-year from 3.35% in Q2 2025, and up 2.29% on a QoQ basis from 21.16% in Q1 2026.
Boston Scientific (BSX) Operating Margin (2009 - 2026) Analysis & Trends
Boston Scientific has reported Operating Margin for 18 years, with the latest figure at 21.65% in Q2 2026.
- Operating Margin for Q2 2026 came in at 21.65%, up 546.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 19.78% (up 275.0% YoY), and the FY2025 annual result was 18.0%, up 246.0% from the prior year.
- Operating Margin rose to 21.65% in Q2 2026, from 21.16% in the prior quarter.
- Over five years, Operating Margin peaked at 21.65% in Q2 2026 and troughed at 11.29% in Q3 2022.
- A 5-year average of 16.41% and a median of 15.93% in 2025 frame the typical range for Operating Margin.
- The widest annual swing landed in 2023, when Operating Margin surged 836 bps; it then slumped 223 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 12.4% in 2022, then rose by 26 bps to 15.68% in 2023, then fell by 6 bps to 14.8% in 2024, then grew by 5 bps to 15.61% in 2025, then surged by 39 bps to 21.65% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 21.65% in Q2 2026, 21.16% in Q1 2026, and 15.61% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.19 Bn | 194.59 Bn | 7.27 Bn | 13.44% |
| 2 | Stryker | 129.95 Bn | 126.47 Bn | 4.50 Bn | 25.18% |
| 3 | Medtronic | 120.06 Bn | 110.84 Bn | 6.41 Bn | 19.10% |
| 4 | Boston Scientific | 74.14 Bn | 73.60 Bn | 3.85 Bn | 21.65% |
| 5 | Edwards Lifesciences | 52.74 Bn | 48.49 Bn | 1.35 Bn | 29.48% |
| 6 | Dexcom | 34.60 Bn | 32.65 Bn | 830.00 Mn | 24.33% |
| 7 | GE HealthCare Technologies | 34.20 Bn | 32.10 Bn | 2.18 Bn | 13.96% |
| 8 | Koninklijke Philips | 26.46 Bn | 23.13 Bn | 4.55 Bn | 10.30% |
| 9 | Steris | 23.25 Bn | 22.77 Bn | 684.20 Mn | 19.15% |
| 10 | Zimmer Biomet Holdings | 19.36 Bn | 18.95 Bn | 1.54 Bn | 14.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.65% |
| Mar 31, 2026 | 21.16% |
| Dec 31, 2025 | 15.61% |
| Sep 30, 2025 | 20.69% |
| Jun 30, 2025 | 16.18% |
| Mar 31, 2025 | 19.75% |
| Dec 31, 2024 | 14.80% |
| Sep 30, 2024 | 17.42% |
| Jun 30, 2024 | 12.62% |
| Mar 31, 2024 | 17.51% |
| Dec 31, 2023 | 15.68% |
| Sep 30, 2023 | 19.65% |
| Jun 30, 2023 | 14.28% |
| Mar 31, 2023 | 16.29% |
| Dec 31, 2022 | 12.40% |
| Sep 30, 2022 | 11.29% |
| Jun 30, 2022 | 13.04% |
| Mar 31, 2022 | 15.40% |
| Dec 31, 2021 | 5.76% |
| Sep 30, 2021 | 13.20% |