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Side-by-side financial comparison of Boston Scientific (BSX) and Cushman & Wakefield Ltd. (CWK). Click either name above to swap in a different company.

Boston Scientific is the larger business by last-quarter revenue ($5.2B vs $2.9B, roughly 1.8× Cushman & Wakefield Ltd.). Boston Scientific runs the higher net margin — 25.7% vs -0.8%, a 26.5% gap on every dollar of revenue. On growth, Boston Scientific posted the faster year-over-year revenue change (11.6% vs 10.8%). Over the past eight quarters, Cushman & Wakefield Ltd.'s revenue compounded faster (15.5% CAGR vs 12.4%).

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.

Cushman & Wakefield Inc. is an American global commercial real estate and property management services firm. The company's corporate headquarters is located in Chicago, Illinois. It is named after co-founders J. Clydesdale Cushman and Bernard Wakefield.

BSX vs CWK — Head-to-Head

Bigger by revenue
BSX
BSX
1.8× larger
BSX
$5.2B
$2.9B
CWK
Growing faster (revenue YoY)
BSX
BSX
+0.8% gap
BSX
11.6%
10.8%
CWK
Higher net margin
BSX
BSX
26.5% more per $
BSX
25.7%
-0.8%
CWK
Faster 2-yr revenue CAGR
CWK
CWK
Annualised
CWK
15.5%
12.4%
BSX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BSX
BSX
CWK
CWK
Revenue
$5.2B
$2.9B
Net Profit
$1.3B
$-22.4M
Gross Margin
69.5%
Operating Margin
6.1%
Net Margin
25.7%
-0.8%
Revenue YoY
11.6%
10.8%
Net Profit YoY
99.0%
-119.8%
EPS (diluted)
$0.90
$-0.10

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
CWK
CWK
Q1 26
$5.2B
Q4 25
$5.3B
$2.9B
Q3 25
$5.1B
$2.6B
Q2 25
$5.1B
$2.5B
Q1 25
$4.7B
$2.3B
Q4 24
$4.6B
$2.6B
Q3 24
$4.2B
$2.3B
Q2 24
$4.1B
$2.3B
Net Profit
BSX
BSX
CWK
CWK
Q1 26
$1.3B
Q4 25
$670.0M
$-22.4M
Q3 25
$755.0M
$51.4M
Q2 25
$795.0M
$57.3M
Q1 25
$672.0M
$1.9M
Q4 24
$563.0M
$112.9M
Q3 24
$468.0M
$33.7M
Q2 24
$322.0M
$13.5M
Gross Margin
BSX
BSX
CWK
CWK
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
CWK
CWK
Q1 26
Q4 25
15.6%
6.1%
Q3 25
20.7%
4.1%
Q2 25
16.2%
4.9%
Q1 25
19.8%
2.0%
Q4 24
14.8%
6.6%
Q3 24
17.4%
3.2%
Q2 24
12.6%
3.1%
Net Margin
BSX
BSX
CWK
CWK
Q1 26
25.7%
Q4 25
12.7%
-0.8%
Q3 25
14.9%
2.0%
Q2 25
15.7%
2.3%
Q1 25
14.4%
0.1%
Q4 24
12.3%
4.3%
Q3 24
11.1%
1.4%
Q2 24
7.8%
0.6%
EPS (diluted)
BSX
BSX
CWK
CWK
Q1 26
$0.90
Q4 25
$0.45
$-0.10
Q3 25
$0.51
$0.22
Q2 25
$0.53
$0.25
Q1 25
$0.45
$0.01
Q4 24
$0.38
$0.49
Q3 24
$0.32
$0.14
Q2 24
$0.22
$0.06

Balance Sheet & Financial Strength

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

Metric
BSX
BSX
CWK
CWK
Cash + ST InvestmentsLiquidity on hand
$784.2M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$2.0B
Total Assets
$7.7B
Debt / EquityLower = less leverage
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BSX
BSX
CWK
CWK
Q1 26
Q4 25
$2.0B
$784.2M
Q3 25
$1.3B
$634.4M
Q2 25
$534.0M
$618.2M
Q1 25
$725.0M
$623.2M
Q4 24
$414.0M
$793.3M
Q3 24
$2.5B
$775.4M
Q2 24
$2.9B
$567.3M
Total Debt
BSX
BSX
CWK
CWK
Q1 26
Q4 25
$11.1B
$2.7B
Q3 25
$11.1B
$2.8B
Q2 25
$11.1B
$3.0B
Q1 25
$10.5B
$3.0B
Q4 24
$9.0B
$3.0B
Q3 24
$9.2B
$3.1B
Q2 24
$9.0B
$3.1B
Stockholders' Equity
BSX
BSX
CWK
CWK
Q1 26
Q4 25
$24.2B
$2.0B
Q3 25
$23.4B
$2.0B
Q2 25
$22.4B
$1.9B
Q1 25
$22.2B
$1.8B
Q4 24
$21.8B
$1.8B
Q3 24
$20.7B
$1.7B
Q2 24
$20.4B
$1.6B
Total Assets
BSX
BSX
CWK
CWK
Q1 26
Q4 25
$43.7B
$7.7B
Q3 25
$42.7B
$7.7B
Q2 25
$41.6B
$7.6B
Q1 25
$40.1B
$7.4B
Q4 24
$39.4B
$7.5B
Q3 24
$38.1B
$7.5B
Q2 24
$37.1B
$7.3B
Debt / Equity
BSX
BSX
CWK
CWK
Q1 26
Q4 25
0.46×
1.40×
Q3 25
0.48×
1.45×
Q2 25
0.50×
1.57×
Q1 25
0.47×
1.70×
Q4 24
0.41×
1.73×
Q3 24
0.45×
1.81×
Q2 24
0.44×
1.91×

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
CWK
CWK
Operating Cash FlowLast quarter
$257.3M
Free Cash FlowOCF − Capex
$234.3M
FCF MarginFCF / Revenue
8.0%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$293.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BSX
BSX
CWK
CWK
Q1 26
Q4 25
$1.4B
$257.3M
Q3 25
$1.3B
$235.5M
Q2 25
$1.3B
$9.6M
Q1 25
$541.0M
$-162.0M
Q4 24
$1.5B
$115.2M
Q3 24
$1.0B
$196.1M
Q2 24
$813.0M
$21.8M
Free Cash Flow
BSX
BSX
CWK
CWK
Q1 26
Q4 25
$1.0B
$234.3M
Q3 25
$1.2B
$225.0M
Q2 25
$1.1B
$300.0K
Q1 25
$354.0M
$-166.6M
Q4 24
$1.2B
$105.9M
Q3 24
$823.0M
$186.7M
Q2 24
$658.0M
$10.0M
FCF Margin
BSX
BSX
CWK
CWK
Q1 26
Q4 25
19.2%
8.0%
Q3 25
22.9%
8.6%
Q2 25
22.3%
0.0%
Q1 25
7.6%
-7.3%
Q4 24
25.8%
4.0%
Q3 24
19.6%
8.0%
Q2 24
16.0%
0.4%
Capex Intensity
BSX
BSX
CWK
CWK
Q1 26
Q4 25
6.6%
0.8%
Q3 25
3.6%
0.4%
Q2 25
3.1%
0.4%
Q1 25
4.0%
0.2%
Q4 24
6.1%
0.4%
Q3 24
4.3%
0.4%
Q2 24
3.8%
0.5%
Cash Conversion
BSX
BSX
CWK
CWK
Q1 26
Q4 25
2.04×
Q3 25
1.78×
4.58×
Q2 25
1.62×
0.17×
Q1 25
0.81×
-85.26×
Q4 24
2.59×
1.02×
Q3 24
2.14×
5.82×
Q2 24
2.52×
1.61×

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%

CWK
CWK

Equity Method Investment Nonconsolidated Investee Or Group Of Investees$1.8B61%
Other$1.1B39%

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