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Mar 31

Boston Scientific Q1 2025 Earnings Report

Boston Scientific posted strong Q1 2025 results with notable revenue and earnings growth driven by its cardiovascular segment and U.S. market expansion.

Key Takeaways

Boston Scientific delivered an impressive start to the year with $4.66 billion in revenue, a 20.9% increase year-over-year. Net income rose to $674 million, while adjusted EPS reached $0.75. The cardiovascular segment led performance with 25.6% organic growth, and U.S. sales jumped over 30%.

Total revenue increased 20.9% year-over-year to $4.66 billion

Net income rose to $674 million, up from $495 million the prior year

Adjusted EPS reached $0.75, beating guidance

Cardiovascular segment and U.S. sales were key growth drivers

Total Revenue
$4.66B
Previous year: $3.86B
+20.9%
EPS
$0.75
Previous year: $0.56
+33.9%
MedSurg organic growth
5.3%
Cardio organic growth
25.6%
Gross Profit
$3.21B
Previous year: $2.65B
+21.3%

Boston Scientific

Boston Scientific

Boston Scientific Revenue by Segment

Boston Scientific Revenue by Geographic Location

Forward Guidance

Boston Scientific expects continued revenue and earnings growth in Q2 and full-year 2025, driven by operational execution and innovation, despite potential macroeconomic and supply chain risks.

Positive Outlook

  • Q2 2025 reported revenue growth projected at 17.5–19.5%
  • Full-year reported revenue growth projected at 15–17%
  • Q2 adjusted EPS forecasted at $0.71–$0.73
  • Strong pipeline of clinical trials and product innovation
  • Operational and organic growth targets raised across segments

Challenges Ahead

  • Impact of foreign currency expected to remain neutral in Q2
  • Acquisition/divestiture-related impacts reduce organic growth comparability
  • Global macroeconomic uncertainty persists
  • Supply chain pressures could continue
  • Integration risks from recent acquisitions like Bolt Medical and SoniVie

Revenue & Expenses

Visualization of income flow from segment revenue to net income