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Side-by-side financial comparison of Boston Scientific (BSX) and CANADIAN IMPERIAL BANK OF COMMERCE (CM). Click either name above to swap in a different company.

CANADIAN IMPERIAL BANK OF COMMERCE is the larger business by last-quarter revenue ($6.1B vs $5.2B, roughly 1.2× Boston Scientific). CANADIAN IMPERIAL BANK OF COMMERCE runs the higher net margin — 36.9% vs 25.7%, a 11.2% gap on every dollar of revenue.

Boston Scientific Corporation (BSC) is an American biotechnology and biomedical engineering firm and multinational manufacturer of medical devices used in interventional medical specialties, including interventional radiology, interventional cardiology, peripheral interventions, neuromodulation, neurovascular intervention, electrophysiology, cardiac surgery, vascular surgery, endoscopy, oncology, urology and gynecology.

The Imperial Bank of Canada was a Canadian bank that operated from 1873 to 1961. In 1961, Imperial merged with the Canadian Bank of Commerce to become the Canadian Imperial Bank of Commerce.

BSX vs CM — Head-to-Head

Bigger by revenue
CM
CM
1.2× larger
CM
$6.1B
$5.2B
BSX
Higher net margin
CM
CM
11.2% more per $
CM
36.9%
25.7%
BSX

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BSX
BSX
CM
CM
Revenue
$5.2B
$6.1B
Net Profit
$1.3B
$2.3B
Gross Margin
69.5%
Operating Margin
Net Margin
25.7%
36.9%
Revenue YoY
11.6%
Net Profit YoY
99.0%
EPS (diluted)
$0.90

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BSX
BSX
CM
CM
Q1 26
$5.2B
$6.1B
Q4 25
$5.3B
Q3 25
$5.1B
$5.3B
Q2 25
$5.1B
$5.1B
Q1 25
$4.7B
Q4 24
$4.6B
Q3 24
$4.2B
Q2 24
$4.1B
Net Profit
BSX
BSX
CM
CM
Q1 26
$1.3B
$2.3B
Q4 25
$670.0M
Q3 25
$755.0M
$1.5B
Q2 25
$795.0M
$1.5B
Q1 25
$672.0M
Q4 24
$563.0M
Q3 24
$468.0M
Q2 24
$322.0M
Gross Margin
BSX
BSX
CM
CM
Q1 26
69.5%
Q4 25
69.6%
Q3 25
69.9%
Q2 25
67.7%
Q1 25
68.8%
Q4 24
67.8%
Q3 24
68.8%
Q2 24
69.2%
Operating Margin
BSX
BSX
CM
CM
Q1 26
Q4 25
15.6%
Q3 25
20.7%
Q2 25
16.2%
Q1 25
19.8%
Q4 24
14.8%
Q3 24
17.4%
Q2 24
12.6%
Net Margin
BSX
BSX
CM
CM
Q1 26
25.7%
36.9%
Q4 25
12.7%
Q3 25
14.9%
28.9%
Q2 25
15.7%
28.6%
Q1 25
14.4%
Q4 24
12.3%
Q3 24
11.1%
Q2 24
7.8%
EPS (diluted)
BSX
BSX
CM
CM
Q1 26
$0.90
Q4 25
$0.45
Q3 25
$0.51
Q2 25
$0.53
Q1 25
$0.45
Q4 24
$0.38
Q3 24
$0.32
Q2 24
$0.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BSX
BSX
CM
CM
Cash + ST InvestmentsLiquidity on hand
$8.0B
Total DebtLower is stronger
Stockholders' EquityBook value
$47.9B
Total Assets
$826.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BSX
BSX
CM
CM
Q1 26
$8.0B
Q4 25
$2.0B
Q3 25
$1.3B
$13.9B
Q2 25
$534.0M
$10.2B
Q1 25
$725.0M
Q4 24
$414.0M
Q3 24
$2.5B
Q2 24
$2.9B
Total Debt
BSX
BSX
CM
CM
Q1 26
Q4 25
$11.1B
Q3 25
$11.1B
Q2 25
$11.1B
Q1 25
$10.5B
Q4 24
$9.0B
Q3 24
$9.2B
Q2 24
$9.0B
Stockholders' Equity
BSX
BSX
CM
CM
Q1 26
$47.9B
Q4 25
$24.2B
Q3 25
$23.4B
$45.9B
Q2 25
$22.4B
$45.2B
Q1 25
$22.2B
Q4 24
$21.8B
Q3 24
$20.7B
Q2 24
$20.4B
Total Assets
BSX
BSX
CM
CM
Q1 26
$826.8B
Q4 25
$43.7B
Q3 25
$42.7B
$804.6B
Q2 25
$41.6B
$795.8B
Q1 25
$40.1B
Q4 24
$39.4B
Q3 24
$38.1B
Q2 24
$37.1B
Debt / Equity
BSX
BSX
CM
CM
Q1 26
Q4 25
0.46×
Q3 25
0.48×
Q2 25
0.50×
Q1 25
0.47×
Q4 24
0.41×
Q3 24
0.45×
Q2 24
0.44×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BSX
BSX
CM
CM
Operating Cash FlowLast quarter
$-1.6B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.69×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BSX
BSX
CM
CM
Q1 26
$-1.6B
Q4 25
$1.4B
Q3 25
$1.3B
$4.3B
Q2 25
$1.3B
$667.2M
Q1 25
$541.0M
Q4 24
$1.5B
Q3 24
$1.0B
Q2 24
$813.0M
Free Cash Flow
BSX
BSX
CM
CM
Q1 26
Q4 25
$1.0B
Q3 25
$1.2B
Q2 25
$1.1B
Q1 25
$354.0M
Q4 24
$1.2B
Q3 24
$823.0M
Q2 24
$658.0M
FCF Margin
BSX
BSX
CM
CM
Q1 26
Q4 25
19.2%
Q3 25
22.9%
Q2 25
22.3%
Q1 25
7.6%
Q4 24
25.8%
Q3 24
19.6%
Q2 24
16.0%
Capex Intensity
BSX
BSX
CM
CM
Q1 26
Q4 25
6.6%
Q3 25
3.6%
Q2 25
3.1%
Q1 25
4.0%
Q4 24
6.1%
Q3 24
4.3%
Q2 24
3.8%
Cash Conversion
BSX
BSX
CM
CM
Q1 26
-0.69×
Q4 25
2.04×
Q3 25
1.78×
2.80×
Q2 25
1.62×
0.46×
Q1 25
0.81×
Q4 24
2.59×
Q3 24
2.14×
Q2 24
2.52×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BSX
BSX

Cardiovascular$3.1B59%
Endoscopy$673.0M13%
Urology$633.0M12%
Other$386.0M7%
Neuromodulation$271.0M5%
LACA$155.0M3%

CM
CM

Segment breakdown not available.

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