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Side-by-side financial comparison of Boston Scientific (BSX) and 3M (MMM). Click either name above to swap in a different company.
3M is the larger business by last-quarter revenue ($6.0B vs $5.2B, roughly 1.2× Boston Scientific). Boston Scientific runs the higher net margin — 25.7% vs 10.8%, a 14.9% gap on every dollar of revenue. On growth, Boston Scientific posted the faster year-over-year revenue change (11.6% vs 1.3%). Over the past eight quarters, Boston Scientific's revenue compounded faster (12.4% CAGR vs -1.8%).
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 3M Company is an American multinational conglomerate operating in the fields of industry, worker safety, and consumer goods. Based in the Saint Paul suburb of Maplewood, the company produces over 60,000 products, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, paint protection film, electrical, electronic connecting, insulating materials, car-care products, electronic circuits, and optical films. Among its best-known consume...
BSX vs MMM — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $5.2B | $6.0B |
| Net Profit | $1.3B | $653.0M |
| Gross Margin | 69.5% | 40.7% |
| Operating Margin | — | 23.2% |
| Net Margin | 25.7% | 10.8% |
| Revenue YoY | 11.6% | 1.3% |
| Net Profit YoY | — | -41.5% |
| EPS (diluted) | $0.90 | $1.23 |
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.
| Q1 26 | $5.2B | $6.0B | ||
| Q4 25 | $5.3B | $6.1B | ||
| Q3 25 | $5.1B | $6.5B | ||
| Q2 25 | $5.1B | $6.3B | ||
| Q1 25 | $4.7B | $6.0B | ||
| Q4 24 | $4.6B | $6.0B | ||
| Q3 24 | $4.2B | $6.3B | ||
| Q2 24 | $4.1B | $6.3B |
| Q1 26 | $1.3B | $653.0M | ||
| Q4 25 | $670.0M | $577.0M | ||
| Q3 25 | $755.0M | $834.0M | ||
| Q2 25 | $795.0M | $723.0M | ||
| Q1 25 | $672.0M | $1.1B | ||
| Q4 24 | $563.0M | $728.0M | ||
| Q3 24 | $468.0M | $1.4B | ||
| Q2 24 | $322.0M | $1.1B |
| Q1 26 | 69.5% | 40.7% | ||
| Q4 25 | 69.6% | 33.6% | ||
| Q3 25 | 69.9% | 41.8% | ||
| Q2 25 | 67.7% | 42.5% | ||
| Q1 25 | 68.8% | 41.6% | ||
| Q4 24 | 67.8% | 51.7% | ||
| Q3 24 | 68.8% | 42.1% | ||
| Q2 24 | 69.2% | 42.9% |
| Q1 26 | — | 23.2% | ||
| Q4 25 | 15.6% | 13.0% | ||
| Q3 25 | 20.7% | 22.2% | ||
| Q2 25 | 16.2% | 18.0% | ||
| Q1 25 | 19.8% | 20.9% | ||
| Q4 24 | 14.8% | 12.2% | ||
| Q3 24 | 17.4% | 20.9% | ||
| Q2 24 | 12.6% | 20.3% |
| Q1 26 | 25.7% | 10.8% | ||
| Q4 25 | 12.7% | 9.4% | ||
| Q3 25 | 14.9% | 12.8% | ||
| Q2 25 | 15.7% | 11.4% | ||
| Q1 25 | 14.4% | 18.7% | ||
| Q4 24 | 12.3% | 12.1% | ||
| Q3 24 | 11.1% | 21.8% | ||
| Q2 24 | 7.8% | 18.3% |
| Q1 26 | $0.90 | $1.23 | ||
| Q4 25 | $0.45 | $1.07 | ||
| Q3 25 | $0.51 | $1.55 | ||
| Q2 25 | $0.53 | $1.34 | ||
| Q1 25 | $0.45 | $2.04 | ||
| Q4 24 | $0.38 | $1.33 | ||
| Q3 24 | $0.32 | $2.48 | ||
| Q2 24 | $0.22 | $2.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $3.7B |
| Total DebtLower is stronger | — | $10.9B |
| Stockholders' EquityBook value | — | $3.3B |
| Total Assets | — | $35.4B |
| Debt / EquityLower = less leverage | — | 3.29× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $3.7B | ||
| Q4 25 | $2.0B | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $534.0M | — | ||
| Q1 25 | $725.0M | — | ||
| Q4 24 | $414.0M | — | ||
| Q3 24 | $2.5B | — | ||
| Q2 24 | $2.9B | — |
| Q1 26 | — | $10.9B | ||
| Q4 25 | $11.1B | $12.6B | ||
| Q3 25 | $11.1B | $12.6B | ||
| Q2 25 | $11.1B | $13.1B | ||
| Q1 25 | $10.5B | $13.5B | ||
| Q4 24 | $9.0B | $13.0B | ||
| Q3 24 | $9.2B | $13.2B | ||
| Q2 24 | $9.0B | $13.1B |
| Q1 26 | — | $3.3B | ||
| Q4 25 | $24.2B | $4.7B | ||
| Q3 25 | $23.4B | $4.6B | ||
| Q2 25 | $22.4B | $4.3B | ||
| Q1 25 | $22.2B | $4.5B | ||
| Q4 24 | $21.8B | $3.8B | ||
| Q3 24 | $20.7B | $4.6B | ||
| Q2 24 | $20.4B | $3.9B |
| Q1 26 | — | $35.4B | ||
| Q4 25 | $43.7B | $37.7B | ||
| Q3 25 | $42.7B | $37.6B | ||
| Q2 25 | $41.6B | $38.0B | ||
| Q1 25 | $40.1B | $40.0B | ||
| Q4 24 | $39.4B | $39.9B | ||
| Q3 24 | $38.1B | $40.9B | ||
| Q2 24 | $37.1B | $43.4B |
| Q1 26 | — | 3.29× | ||
| Q4 25 | 0.46× | 2.68× | ||
| Q3 25 | 0.48× | 2.72× | ||
| Q2 25 | 0.50× | 3.06× | ||
| Q1 25 | 0.47× | 3.02× | ||
| Q4 24 | 0.41× | 3.40× | ||
| Q3 24 | 0.45× | 2.84× | ||
| Q2 24 | 0.44× | 3.34× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BSX
| Cardiovascular | $3.5B | 67% |
| Endoscopy | $736.0M | 14% |
| Urology | $646.0M | 12% |
| Neuromodulation | $318.0M | 6% |
MMM
| Personal Safety | $912.0M | 15% |
| Commercial Branding and Transportation | $640.0M | 11% |
| Industrial Adhesives and Tapes | $604.0M | 10% |
| Electronics | $577.0M | 10% |
| Automotive and Aerospace | $484.0M | 8% |
| Electrical Markets | $356.0M | 6% |
| Abrasives | $349.0M | 6% |
| Home and Auto Care | $328.0M | 5% |
| Home Improvement | $311.0M | 5% |
| Automotive Aftermarket | $304.0M | 5% |
| Industrial Specialties Division | $286.0M | 5% |
| Consumer Safety and Well-Being | $278.0M | 5% |
| Packaging and Expression | $214.0M | 4% |
| Advanced Materials | $147.0M | 2% |
| Corporate | $121.0M | 2% |
| Roofing Granules | $119.0M | 2% |
