BOSTON SCIENTIFIC CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $8.4b $9.0b $9.8b $10.7b $9.9b $11.9b $12.7b $14.2b $16.7b $20.1b
Cost of Revenue $2.4b $2.6b $2.8b $3.1b $3.5b $3.7b $4.0b $4.3b $5.3b $6.2b
Gross Profit $6.0b $6.5b $7.0b $7.6b $6.4b $8.2b $8.7b $9.9b $11.5b $13.9b
Operating Expenses $5.5b $5.2b $5.5b $6.1b $6.5b $7.0b $7.1b $7.6b $8.9b $10.2b
Operating Income (Loss) $447.0m $1.3b $1.5b $1.5b ($80.0m) $1.2b $1.6b $2.3b $2.6b $3.6b
Additional Financial Items
Amortization of Intangible Assets $545.0m $565.0m $599.0m $699.0m $789.0m $741.0m $803.0m $828.0m $856.0m $897.0m
Foreign Currency Transaction Gain (Loss), before Tax ($13.0m)
Gain (Loss) on Investments ($21.0m) ($92.0m) $155.0m ($30.0m) $398.0m $250.0m ($1.0m) ($59.0m) ($79.0m) $139.0m
Goodwill, Impairment Loss $0 $73.0m $0 $0 $1.0m ($8.0m) ($6.0m)
Income (Loss) from Continuing Operations before Income Taxes, Domestic ($1.0b) ($408.0m) $35.0m ($1.1b) ($660.0m) ($648.0m) ($1.1b) ($394.0m) ($261.0m) ($311.0m)
Income (loss) before income taxes $177.0m $933.0m $1.4b $687.0m ($79.0m) $1.1b $1.1b $2.0b $2.3b $3.4b
Intangible asset impairment charges $11.0m $4.0m $35.0m $105.0m $460.0m $370.0m $132.0m $58.0m $386.0m $46.0m
Litigation-related net charges (credits) $804.0m $285.0m $103.0m $115.0m $278.0m $430.0m $173.0m ($111.0m) $0 $194.0m
Other, net ($37.0m) ($124.0m) $156.0m ($358.0m) $362.0m $218.0m ($38.0m) ($93.0m) ($16.0m) $121.0m
Preferred stock dividends $0 $0 $33.0m $55.0m $55.0m $23.0m $0 $0
Restructuring net charges (credits) $28.0m $37.0m $36.0m $38.0m $52.0m $40.0m $24.0m $69.0m $16.0m $101.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $177.0m $933.0m $1.4b $687.0m ($79.0m) $1.1b $1.1b $2.0b $2.3b $3.4b
Net Income (Loss) Available to Common Stockholders, Basic $347.0m $104.0m $1.7b $4.7b ($115.0m) $985.0m $642.0m $1.6b $1.9b $2.9b
Net Income (Loss) Attributable to Noncontrolling Interest $0 $73.0m $0 $0 $1.0m ($8.0m) ($6.0m)
Net income (loss) attributable to noncontrolling interests $0 $0 ($1.0m) ($8.0m) ($6.0m)
Earnings Per Share, Basic $0.26 $0.08 $1.21 $3.38 ($0.08) $0.69 $0.45 $1.08 $1.26 $1.96
Earnings Per Share, Diluted $0.25 $0.08 $1.19 $3.33 ($0.08) $0.69 $0.45 $1.07 $1.25 $1.94
Weighted Average Number of Shares Outstanding, Basic 1.4b 1.4b 1.4b 1.4b 1.4b 1.4b 1.4b 1.5b 1.5b 1.5b
Weighted Average Number of Shares Outstanding, Diluted 1.4b 1.4b 1.4b 1.4b 1.4b 1.4b 1.4b 1.5b 1.5b 1.5b
Amortization expense $545.0m $565.0m $599.0m $699.0m $789.0m $741.0m $803.0m $828.0m $856.0m $897.0m
Contingent consideration net expense (benefit) $29.0m ($80.0m) ($21.0m) ($35.0m) ($100.0m) ($136.0m) $35.0m $58.0m ($5.0m) $18.0m
Cost of products sold (excluding amortization expense) $2.4b $2.6b $2.8b $3.1b $3.5b $3.7b $4.0b $4.3b $5.3b $6.2b
Current Income Tax Expense (Benefit) $173.0m $584.0m ($87.0m) $275.0m $87.0m $178.0m $451.0m $320.0m $526.0m $505.0m
Interest Expense $233.0m $229.0m $241.0m $473.0m $361.0m $341.0m $470.0m $265.0m $305.0m $349.0m
Other Nonoperating Income (Expense) ($37.0m) ($124.0m) $156.0m ($358.0m) $362.0m $218.0m ($38.0m) ($93.0m) ($321.0m) ($228.0m)
Research and development expenses $920.0m $997.0m $1.1b $1.2b $1.1b $1.2b $1.3b $1.4b $1.6b $2.1b
Restructuring and Related Cost, Incurred Cost $78.0m $95.0m
Royalty expense $79.0m $68.0m $70.0m $65.0m $45.0m $49.0m $47.0m $46.0m $33.0m $46.0m
Selling, General and Administrative Expense $3.1b $3.3b $3.6b $3.9b $3.8b $4.4b $4.5b $5.2b $6.0b $6.9b
Selling, general and administrative expenses $3.1b $3.3b $3.6b $3.9b $3.8b $4.4b $4.5b $5.2b $6.0b $6.9b
Income Tax Expense (Benefit) ($170.0m) $828.0m ($249.0m) ($4.0b) $2.0m $36.0m $443.0m $393.0m $436.0m $493.0m
Other Operating Income (Expense), Net $447.0m $1.3b $1.5b $1.5b ($362.0m) ($218.0m) $38.0m $93.0m $16.0m $3.6b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.