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Boston Scientific's revenue is $16.7 billion.

What is Boston Scientific's revenue?

Boston Scientific's annual revenue is $16.7B. Zippia's data science team found the following key financial metrics about Boston Scientific after extensive research and analysis.
  • Boston Scientific's revenue growth from 2003 to 2024 is 381.79%.
  • Boston Scientific has 36,000 employees, and the revenue per employee ratio is $465,194.
  • Boston Scientific's peak quarterly revenue was $4.6B in 2024(q4).
  • Boston Scientific peak revenue was $16.7B in 2024.
  • Boston Scientific annual revenue for 2023 was 14.2B, 12.29% growth from 2022.
  • Boston Scientific annual revenue for 2024 was 16.7B, 17.61% growth from 2023.

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Most recent quarter revenue
$4.6B (Q4'2024)
Company most recent quarter revenue
Peak revenue
$16.7B (2024)
Company peak revenue
Revenue / employee
$465,194
Company revenue / employee

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Most recent quarter revenue
$4.6B (Q4'2024)
Company most recent quarter revenue
Peak revenue
$16.7B (2024)
Company peak revenue
Revenue / employee
$465,194
Company revenue / employee

Boston Scientific historical revenue

Boston Scientific's peak revenue was $16.7B in 2024. The peak quarterly revenue was $4.6B in 2024(q4).

Boston Scientific's revenue increased from $3.5b in 2003 to $16.7B currently. That's a 381.79% change in annual revenue.

Boston Scientific annual revenue

$17B
$13B
$10B
$7B
$3B
$0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024

Boston Scientific annual revenue over time

Fiscal year / yearBoston Scientific revenue
2009$8.2B
2010$7.8B
2011$7.6B
2012$7.2B
2013$7.1B
2014$7.4B
2015$7.5B
2016$8.4B
2017$9.0B
2018$9.8B
2019$10.7B
2020$9.9B
2021$11.9B
2022$12.7B
2023$14.2B
2024$16.7B

How accurately did Boston Scientific's revenue projections match actual performance?

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Boston Scientific annual growth

Boston Scientific saw the greatest revenue growth in 2004, when revenue increased by 61.8%.

Boston Scientific had the lowest revenue growth in 2020, when revenue changed by -7.66%.

Boston Scientific annual growth rate over time

YearBoston Scientific growth
2009
2%
2010
-5%
2011
-2%
2012
-5%
2013
-1%
2014
3%
2015
1%
2016
12%
2017
8%
2018
9%
2019
9%
2020
-8%
2021
20%
2022
7%
2023
12%
2024
18%

Boston Scientific quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$5B
$4B
$3B
$2B
$912M
$0
2020
2021
2022
2023
2024

Boston Scientific quarterly growth rate over time

YearQ1Q2Q3Q4
2009$2.0B$2.1B$2.0B$2.1B
2010$2.0B$1.9B$1.9B$2.0B
2011$1.9B$2.0B$1.9B$1.8B
2012$1.9B$1.8B$1.7B$1.8B
2013$1.8B$1.8B$1.7B$1.8B
2014$1.8B$1.9B$1.8B$1.9B
2015$1.8B$1.8B$1.9B$2.0B
2016$2.0B$2.1B$2.1B$2.2B
2017$2.2B$2.3B$2.2B$2.4B
2018$2.4B$2.5B$2.4B$2.6B
2019$2.5B$2.6B$2.7B$2.9B
2020$2.5B$2.0B$2.7B$2.7B
2021$2.8B$3.1B$2.9B$3.1B
2022$3.0B$3.2B$3.2B$3.2B
2023$3.4B$3.6B$3.5B$3.7B
2024$3.9B$4.1B$4.2B$4.6B

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Boston Scientific financial information

CEOMichael F. Mahoney
IndustryPharmaceuticals, Biotechnology & Life Sciences
Company TypePublic
Employees Number36,000
Date Founded1979
HeadquartersMarlborough, Massachusetts
Number of Locations15
Revenue$16.7B
Net Income$696,000,000
Gross Proft$11.5B (2024)
EBITDA$3.5B (2024)
PE Ratio28.66
Tax Rate0.2%
Market Capitalization$53.2B
Total Assets$32,470,000,000
TickerBSX

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Boston Scientific financing

Boston Scientific received early financing of $1.0B on 2018-02-27.

SeriesRound sizeDate
Post Ipo Debt$1B02/2018
Post Ipo Equity$2B05/2020
Post Ipo Debt$3.1B03/2022

Boston Scientific competitors

Boston Scientific's top competitor, Johnson & Johnson, earned an annual revenue of $88.8B.

Boston Scientific's smallest competitor is St. Jude Children's Research Hospital with revenue of $1.4M last year.

Boston Scientific revenue FAQs

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Zippia gives an in-depth look into the details of Boston Scientific, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Boston Scientific. The employee data is based on information from people who have self-reported their past or current employments at Boston Scientific. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Boston Scientific. The data presented on this page does not represent the view of Boston Scientific and its employees or that of Zippia.

Boston Scientific may also be known as or be related to Boston Scientific, Boston Scientific Corporation and Boston Scientific Foundation, Inc.