Boston Scientific (BSX) Research & Development (2009 - 2026)

Boston Scientific (BSX) reported Research & Development of $516.0 million for Q1 2026, up 16.48% on a YoY basis from $443.0 million in Q1 2025, and down 9.31% sequentially from $569.0 million in Q4 2025.

Boston Scientific (BSX) Research & Development (2009 - 2026) Analysis & Trends

Boston Scientific (BSX) has 18 years of Research & Development data on file, last reported at $516.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 16.48% year-over-year to $516.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.1 billion (up 25.59% YoY), and the FY2025 full-year result was $2.1 billion, up 27.06% from the prior year.
  • Research & Development declined to $516.0 million in Q1 2026, 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.
  • A 5-year average of $407.1 million and a median of $366.0 million in 2024 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development advanced 3.12% in 2022 and soared 37.34% in 2025, its largest moves.
  • Tracing BSX's Research & Development over 5 years: stood at $330.0 million in 2022, then rose by 10.0% to $363.0 million in 2023, then gained by 26.45% to $459.0 million in 2024, then gained by 23.97% to $569.0 million in 2025, then declined by 9.31% to $516.0 million in 2026.
  • Business Quant data shows BSX's Research & Development at $516.0 million in Q1 2026, $569.0 million in Q4 2025, and $514.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 767.00 Mn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 413.00 Mn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 671.00 Mn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 263.30 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 145.30 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -461.27 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 345.00 Mn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Steris 20.59 Bn 20.16 Bn 697.10 Mn 28.80 Mn

Historic Data

Download Data
DateValue
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