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| 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 |