Robust Top-Line Revenue Growth
Revenue grew 11.6% YoY to $5.20B in Q1 2026 from $4.66B in Q1 2025, reflecting continued strong demand across Boston Scientific's medical device portfolio. This growth rate outpaced cost of revenue growth of 9.4%, contributing to gross profit expansion.
Gross Margin Expansion and Operating Leverage
Gross margin improved to 69.5% from 68.8% YoY, while operating margin expanded 140 basis points to 21.2% from 19.8%. Operating income surged 19.5% to $1.10B, demonstrating meaningful operating leverage as revenue growth outpaced expense growth.
EPS Nearly Doubled Year-Over-Year
Basic and diluted EPS both reached $0.90 in Q1 2026, compared to $0.46 and $0.45 respectively in Q1 2025, representing approximately 95-100% YoY growth. This significant jump likely reflects both improved operating performance and potential non-recurring items or tax benefits.