Steris (STE) Operating Expenses (2018 - 2026)
Steris (STE) posted Operating Expenses of $398.3 million for Q2 2026, up 4.73% on a QoQ basis from $380.3 million in Q1 2026, and up 4.27% year-over-year from $382.0 million in Q2 2025.
Analysis
Steris (STE) Operating Expenses (2018 - 2026) Analysis & Trends
Steris has reported Operating Expenses for 9 years, with the latest figure at $398.3 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 4.27% year-over-year to $398.3 million in Q2 2026; TTM through Jun 2026 was $1.5 billion, a 0.65% increase from a year earlier, with the FY2026 full-year figure at $1.5 billion, down 0.74% from the prior year.
- Operating Expenses was $398.3 million for Q2 2026 at Steris, up from $380.3 million in the prior quarter.
- The five-year high for Operating Expenses was $838.8 million in Q3 2022, with the low at -$339.2 million in Q1 2023.
- Average Operating Expenses over 5 years is $351.4 million, with a median of $363.8 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses slumped 215.3% in 2023, then soared 206.87% in 2024.
- Over 5 years, Operating Expenses stood at $330.7 million in 2022, then climbed by 0.87% to $333.6 million in 2023, then climbed by 9.43% to $365.0 million in 2024, then climbed by 4.74% to $382.3 million in 2025, then rose by 4.19% to $398.3 million in 2026.
- The last three Operating Expenses figures came in at $398.3 million (Q2 2026), $380.3 million (Q1 2026), and $382.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 184.05 Bn | 178.45 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Intuitive Surgical | 124.38 Bn | 119.17 Bn | 1.96 Bn | 988.50 Mn |
| 3 | Medtronic | 118.39 Bn | 109.58 Bn | 6.34 Bn | 3.97 Bn |
| 4 | Stryker | 105.69 Bn | 102.21 Bn | 4.50 Bn | 2.84 Bn |
| 5 | Boston Scientific | 66.59 Bn | 66.05 Bn | 3.85 Bn | 2.67 Bn |
| 6 | Edwards Lifesciences | 49.78 Bn | 45.53 Bn | 1.35 Bn | 846.40 Mn |
| 7 | Alcon | 33.98 Bn | 32.53 Bn | 1.68 Bn | -1.63 Bn |
| 8 | Dexcom | 32.21 Bn | 30.26 Bn | 830.00 Mn | 511.70 Mn |
| 9 | Steris | 21.12 Bn | 20.64 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Zimmer Biomet Holdings | 18.24 Bn | 17.83 Bn | 1.54 Bn | 1.85 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 398.30 Mn |
| 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 |