Boston Scientific

BSX Q1 2025 Earnings

Reported Apr 23, 2025 at 6:34 AM ET · SEC Source

Q1 25 EPS

$0.75

BEAT +11.52%

Est. $0.67

Q1 25 Revenue

$4.66B

BEAT +1.98%

Est. $4.57B

vs S&P Since Q1 25

-78.7%

TRAILING MARKET

BSX -44.1% vs S&P +34.6%

Market Reaction

Did BSX Beat Earnings? Q1 2025 Results

Boston Scientific kicked off 2025 with a standout first quarter, posting adjusted EPS of $0.75 against a consensus estimate of $0.67, a beat of 11.52%, while revenue of $4.66 billion topped the $4.57 billion estimate by 1.98% and grew 20.9% year over… Read more Boston Scientific kicked off 2025 with a standout first quarter, posting adjusted EPS of $0.75 against a consensus estimate of $0.67, a beat of 11.52%, while revenue of $4.66 billion topped the $4.57 billion estimate by 1.98% and grew 20.9% year over year, exceeding the company's own guided range of 17–19%. The primary engine behind the quarter was an explosive performance in the Cardiovascular segment, which surged 26.2% on a reported basis, led by Cardiology growing nearly 30% as the FARAPULSE pulsed field ablation platform continued to gain traction, including positive 12-month clinical data from the ADVANTAGE AF trial supporting the system's safety and efficacy in persistent atrial fibrillation. Management raised its full-year reported sales growth guidance to 15–17%, even as it absorbed an anticipated $200 million tariff headwind, projecting adjusted EPS of $2.87 to $2.94 for the year; second-quarter adjusted EPS guidance of $0.71 to $0.73 suggests continued momentum heading into the summer.

Key Takeaways

  • Cardiovascular segment organic growth of 25.6%, led by Cardiology at 31.2% organic growth
  • U.S. market growth of 31.1% driven by strong adoption of cardiac and interventional technologies
  • Strong product portfolio execution across all business units
  • Meaningful innovation and clinical science driving category leadership
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BSX YoY Financials

Q1 2025 vs Q1 2024, source: SEC Filings

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BSX Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26
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BSX Revenue by Geography

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“We delivered an exceptional quarter to start the year, reflecting the effectiveness of our highly engaged global team and the strength of our product portfolio.”

— Mike Mahoney, Q1 2025 Earnings Press Release