Boston Scientific (BSX) Research & Development (2009 - 2026)
Boston Scientific's (BSX) quarterly Research & Development came in at $516.0 million in Q1 2026, up 16.48% year-on-year from $443.0 million in Q1 2025, and down 9.31% quarter-over-quarter from $569.0 million in Q4 2025.
Boston Scientific (BSX) Research & Development (2009 - 2026) Analysis & Trends
Boston Scientific has disclosed Research & Development across 18 years of filings, most recently posting $516.0 million for Q1 2026.
- Research & Development for Q1 2026 came in at $516.0 million, up 16.48% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.1 billion (up 25.59% YoY), and the FY2025 annual result was $2.1 billion, up 27.06% from the prior year.
- Research & Development came in at $516.0 million for Q1 2026 at Boston Scientific, down from $569.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $569.0 million in Q4 2025 to a low of $319.0 million in Q1 2022.
- The 5-year median for Research & Development is $366.0 million (2024), against an average of $407.1 million.
- Across the five-year window, Research & Development advanced 3.12% in 2022 and soared 37.34% in 2025, its largest moves.
- Boston Scientific's Research & Development stood at $330.0 million in 2022, then gained by 10.0% to $363.0 million in 2023, then advanced by 26.45% to $459.0 million in 2024, then advanced by 23.97% to $569.0 million in 2025, then fell by 9.31% to $516.0 million in 2026.
- The last three Research & Development figures came in at $516.0 million (Q1 2026), $569.0 million (Q4 2025), and $514.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 722.00 Mn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -461.27 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 145.30 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 28.80 Mn |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 Bn | 1.51 Bn | 103.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 516.00 Mn |
| Dec 31, 2025 | 569.00 Mn |
| Sep 30, 2025 | 514.00 Mn |
| Jun 30, 2025 | 526.00 Mn |
| Mar 31, 2025 | 443.00 Mn |
| Dec 31, 2024 | 459.00 Mn |
| Sep 30, 2024 | 407.00 Mn |
| Jun 30, 2024 | 383.00 Mn |
| Mar 31, 2024 | 366.00 Mn |
| Dec 31, 2023 | 363.00 Mn |
| Sep 30, 2023 | 356.00 Mn |
| Jun 30, 2023 | 359.00 Mn |
| Mar 31, 2023 | 337.00 Mn |
| Dec 31, 2022 | 330.00 Mn |
| Sep 30, 2022 | 339.00 Mn |
| Jun 30, 2022 | 335.00 Mn |
| Mar 31, 2022 | 319.00 Mn |
| Dec 31, 2021 | 320.00 Mn |
| Sep 30, 2021 | 310.00 Mn |
| Jun 30, 2021 | 298.00 Mn |