Steris (STE) Operating Expenses (2018 - 2026)
Steris (STE) recorded quarterly Operating Expenses of $380.3 million in Q1 2026, down 0.52% quarter-over-quarter from $382.3 million in Q4 2025, and down 10.52% on a YoY basis from $425.0 million in Q1 2025.
Steris (STE) Operating Expenses (2018 - 2026) Analysis & Trends
Steris' Operating Expenses history runs 9 years deep, the most recent figure standing at $380.3 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 10.52% year-over-year to $380.3 million; the TTM figure through Mar 2026 stood at $1.5 billion (down 0.74% YoY), while the FY2026 annual figure was $1.5 billion, down 0.74% from the prior year.
- Operating Expenses was $380.3 million for Q1 2026 at Steris, down from $382.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $838.8 million in Q3 2022 to a low of -$339.2 million in Q1 2023.
- Historically, Operating Expenses has averaged $348.6 million across 5 years, with a median of $362.5 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses tumbled 215.3% in 2023, then surged 206.87% in 2024.
- A 5-year view of Operating Expenses shows it stood at $330.7 million in 2022, then advanced by 0.87% to $333.6 million in 2023, then advanced by 9.43% to $365.0 million in 2024, then advanced by 4.74% to $382.3 million in 2025, then dropped by 0.52% to $380.3 million in 2026.
- The last three Operating Expenses figures came in at $380.3 million (Q1 2026), $382.3 million (Q4 2025), and $380.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 3.76 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 822.60 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -668.50 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 495.00 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 380.30 Mn |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 Bn | 1.51 Bn | 1.71 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 380.30 Mn |
| Dec 31, 2025 | 382.30 Mn |
| Sep 30, 2025 | 380.10 Mn |
| Jun 30, 2025 | 382.00 Mn |
| Mar 31, 2025 | 425.00 Mn |
| Dec 31, 2024 | 365.00 Mn |
| Sep 30, 2024 | 359.10 Mn |
| Jun 30, 2024 | 386.90 Mn |
| Mar 31, 2024 | 362.53 Mn |
| Dec 31, 2023 | 333.56 Mn |
| Sep 30, 2023 | 354.68 Mn |
| Jun 30, 2023 | 331.24 Mn |
| Mar 31, 2023 | -339.22 Mn |
| Dec 31, 2022 | 330.69 Mn |
| Sep 30, 2022 | 838.75 Mn |
| Jun 30, 2022 | 359.40 Mn |
| Mar 31, 2022 | 294.21 Mn |
| Dec 31, 2021 | 335.18 Mn |
| Sep 30, 2021 | 363.84 Mn |
| Jun 30, 2021 | 411.96 Mn |