SYK · Q1 FY26 · Mar 31, 2026
Stryker Q1 FY26: where the revenue came from and where it went
Stryker Q1 FY26: revenue $6B (+3% year over year). Net profit $0.7B. Largest cohort Med Surg and Neurotechnology $3.2B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Mar 31, 2026
- Reported
- May 11, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$6B
+3% year over year
Gross profit$3.8B
63% margin
Operating profit$0.9B
16% margin
Net profit$0.7B
12% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 6 | 100% | +3% |
| Med Surg and Neurotechnology | 3.2 | 53% | +5% |
| Orthopaedics and Spine | 2.8 | 47% | +0% |
| Cost of revenue | −2.2 | 37% | |
| Gross profit | 3.8 | 63% margin | −1pp |
| Research & development | −0.4 | 7% | +0pp |
| SG&A | −2.3 | 38% | −1pp |
| Other | −0.2 | 3% | +0pp |
| Operating profit | 0.9 | 16% margin | +1pp |
| Tax | −0.1 | ||
| Interest & other costs | −0.1 | ||
| Net profit | 0.7 | 12% | +1pp |
Older quarters
-
Q3 FY25 9/2025Revenue $6.1B Net margin 14%
-
Q2 FY25 6/2025Revenue $6B Net margin 15%
-
Q3 FY24 9/2024Revenue $5.5B Net margin 15%
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