Form 10-Q · Quarterly report

Boston Scientific 10-Q, filed Nov 2, 2026

Filed
CIK
0000885725
Accession no.
0000885725-26-000070
AI-generated summary

Summary

Boston Scientific reported third-quarter 2026 net sales of $5.138 billion, up 1.5%, and net income attributable to common stockholders of $582 million, down 22.9%, after an August 2026 cybersecurity incident disrupted manufacturing and order fulfillment and materially hurt results. For the first nine months of 2026, net sales rose 6.7% to $15.784 billion and net income rose 27.1% to $2.830 billion.

Key points

  • Third-quarter 2026 reported net sales rose 1.5% to $5.138 billion, while reported net income attributable to common stockholders fell 22.9% to $582 million.
  • First-nine-month 2026 reported net sales rose 6.7% to $15.784 billion and reported net income attributable to common stockholders rose 27.1% to $2.830 billion.
  • An August 2026 cybersecurity incident caused a global disruption to operations, affecting manufacturing, order processing, and shipping, and materially impacted third-quarter financial results.
  • Third-quarter growth was driven by Interventional Cardiology and Vascular Therapies, offset by cybersecurity disruptions, increased electrophysiology competition, and a deceleration in the left atrial appendage closure market affecting WATCHMAN procedures.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

From the filing

ITEM 2. MANAGEMENT’S DISCUSSION Executive Summary The following section describes some of our financial highlights and trends on a consolidated basis. For additional information on our business units and product offerings, refer to Item 1. Business of our most recent Annual Report on Form 10-K. (in millions, except percentages and per share data) Three Months Ended September 30, 2026 versus 2025 2026 versus 2025 2026 2025 $ % Reported net sales $ 5,138 $ 5,065 $ 74 1.5 % Reported net income (loss) attributable to Boston Scientific common stockholders 582 755 (173) (22.9) % Adjusted net income (loss) attributable to Boston Scientific common stockholders (non-GAAP measure) 1,063 1,124 (62)…

An excerpt of the text as filed with the SEC, cut for length.

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