BSX · Q3 FY25 · Jul 1 – Sep 30, 2025
Boston Scientific Q3 FY25: where the revenue came from and where it went
Boston Scientific Q3 FY25: revenue $5.1B (+20% year over year). Net profit $0.8B. Largest cohort Electrophysiology EP $0.9B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Jul 1 – Sep 30, 2025
- Reported
- Nov 3, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$5.1B
+20% year over year
Gross profit$3.5B
70% margin
Operating profit$1B
21% margin
Net profit$0.8B
15% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 5.1 | 100% | +20% |
| Electrophysiology EP | 0.9 | 18% | +64% |
| Global Endoscopy Endo Reporting… | 0.7 | 14% | +10% |
| Global Peripheral Interventions… | 0.7 | 14% | +17% |
| Interventional Cardiology… | 0.7 | 14% | +4% |
| Global Urology and Pelvic Health… | 0.7 | 14% | +28% |
| Cardiac Rhythm Management | 0.6 | 12% | +3% |
| Watchman | 0.5 | 10% | +35% |
| Global Neuromodulation Nm… | 0.3 | 6% | +9% |
| Cost of revenue | −1.5 | 29% | |
| Gross profit | 3.5 | 70% margin | +1pp |
| SG&A | −1.7 | 34% | −3pp |
| Other | −0.8 | 15% | +0pp |
| Operating profit | 1 | 21% margin | +3pp |
| Tax | −0.1 | ||
| Interest & other costs | −0.1 | ||
| Net profit | 0.8 | 15% | +4pp |
Older quarters
-
Q1 FY26 3/2026Revenue $5.2B Net margin 26%
-
Q2 FY25 6/2025Revenue $5.1B Net margin 16%
-
Q1 FY25 3/2025Revenue $4.7B Net margin 14%
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