Steris (STE) Research & Development (2018 - 2026)
Steris (STE) posted Research & Development of $28.6 million for Q2 2026, down 0.69% on a QoQ basis from $28.8 million in Q1 2026, and up 8.33% year-over-year from $26.4 million in Q2 2025.
Analysis
Steris (STE) Research & Development (2018 - 2026) Analysis & Trends
Steris has reported Research & Development for 9 years, with the latest figure at $28.6 million in Q2 2026.
- On a quarterly basis, Research & Development rose 8.33% year-over-year to $28.6 million in Q2 2026; TTM through Jun 2026 was $115.1 million, a 6.18% increase from a year earlier, with the FY2026 full-year figure at $112.9 million, up 4.93% from the prior year.
- Research & Development was $28.6 million for Q2 2026 at Steris, down from $28.8 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.
- Average Research & Development over 5 years is $26.4 million, with a median of $26.3 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Research & Development soared 41.69% in 2022, then declined 6.17% in 2023.
- Over 5 years, Research & Development stood at $25.5 million in 2022, then retreated by 1.02% to $25.3 million in 2023, then climbed by 8.49% to $27.4 million in 2024, then increased by 7.66% to $29.5 million in 2025, then dropped by 3.05% to $28.6 million in 2026.
- The last three Research & Development figures came in at $28.6 million (Q2 2026), $28.8 million (Q1 2026), and $29.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.43 Bn | 177.83 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Intuitive Surgical | 124.55 Bn | 119.33 Bn | 1.96 Bn | 370.60 Mn |
| 3 | Medtronic | 117.91 Bn | 109.10 Bn | 6.34 Bn | 771.00 Mn |
| 4 | Stryker | 105.51 Bn | 102.03 Bn | 4.50 Bn | 434.00 Mn |
| 5 | Boston Scientific | 66.23 Bn | 65.69 Bn | 3.85 Bn | 554.00 Mn |
| 6 | Edwards Lifesciences | 49.46 Bn | 45.21 Bn | 1.35 Bn | 278.90 Mn |
| 7 | Alcon | 33.87 Bn | 32.41 Bn | 1.68 Bn | -663.00 Mn |
| 8 | Dexcom | 32.08 Bn | 30.13 Bn | 830.00 Mn | 153.00 Mn |
| 9 | Steris | 21.05 Bn | 20.56 Bn | 684.20 Mn | 28.60 Mn |
| 10 | Zimmer Biomet Holdings | 18.27 Bn | 17.86 Bn | 1.54 Bn | 104.80 Mn |
Historic Data
Download Data
Historic 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 |