Steris (STE) Research & Development (2018 - 2026)
Steris (STE) posted quarterly Research & Development of $28.8 million for Q1 2026, up 4.35% year-over-year from $27.6 million in Q1 2025, and down 2.37% quarter-over-quarter from $29.5 million in Q4 2025.
Steris (STE) Research & Development (2018 - 2026) Analysis & Trends
Steris' Research & Development history runs 9 years deep, the most recent figure standing at $28.8 million for Q1 2026.
- In Q1 2026, Research & Development rose 4.35% year-over-year to $28.8 million; the TTM figure through Mar 2026 stood at $112.9 million (up 4.93% YoY), while the FY2026 annual figure was $112.9 million, up 4.93% from the prior year.
- Research & Development for Q1 2026 stood at $28.8 million, down from $29.5 million in the prior quarter.
- The five-year high for Research & Development was $29.5 million in Q4 2025, with the low at $23.3 million in Q1 2023.
- The 5-year median for Research & Development is $26.3 million (2023), against an average of $26.3 million.
- The sharpest annual moves came in 2022 and 2023: Research & Development jumped 41.69% in 2022, then slipped 6.17% in 2023.
- Steris' Research & Development stood at $25.5 million in 2022, then declined by 1.02% to $25.3 million in 2023, then gained by 8.49% to $27.4 million in 2024, then climbed by 7.66% to $29.5 million in 2025, then dropped by 2.37% to $28.8 million in 2026.
- Business Quant data shows STE's Research & Development at $28.8 million in Q1 2026, $29.5 million in Q4 2025, and $28.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.20 Bn | 193.60 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Stryker | 127.66 Bn | 124.19 Bn | 4.50 Bn | 434.00 Mn |
| 3 | Medtronic | 118.98 Bn | 109.76 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 73.25 Bn | 72.71 Bn | 3.85 Bn | 554.00 Mn |
| 5 | Edwards Lifesciences | 51.93 Bn | 47.68 Bn | 1.35 Bn | 278.90 Mn |
| 6 | Dexcom | 34.37 Bn | 32.42 Bn | 830.00 Mn | 153.00 Mn |
| 7 | GE HealthCare Technologies | 33.89 Bn | 31.78 Bn | 2.18 Bn | 323.00 Mn |
| 8 | Koninklijke Philips | 26.36 Bn | 23.04 Bn | 4.55 Bn | -562.58 Mn |
| 9 | Steris | 23.03 Bn | 22.55 Bn | 684.20 Mn | 28.60 Mn |
| 10 | Zimmer Biomet Holdings | 19.20 Bn | 18.79 Bn | 1.54 Bn | 104.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 28.60 Mn |
| Mar 31, 2026 | 28.80 Mn |
| Dec 31, 2025 | 29.50 Mn |
| Sep 30, 2025 | 28.20 Mn |
| Jun 30, 2025 | 26.40 Mn |
| Mar 31, 2025 | 27.60 Mn |
| Dec 31, 2024 | 27.40 Mn |
| Sep 30, 2024 | 27.00 Mn |
| Jun 30, 2024 | 25.60 Mn |
| Mar 31, 2024 | 27.48 Mn |
| Dec 31, 2023 | 25.26 Mn |
| Sep 30, 2023 | 26.27 Mn |
| Jun 30, 2023 | 24.69 Mn |
| Mar 31, 2023 | 23.28 Mn |
| Dec 31, 2022 | 25.51 Mn |
| Sep 30, 2022 | 24.93 Mn |
| Jun 30, 2022 | 24.75 Mn |
| Mar 31, 2022 | 24.82 Mn |
| Dec 31, 2021 | 24.82 Mn |
| Sep 30, 2021 | 18.83 Mn |