Steris (STE) Research & Development (2018 - 2026)
Steris' (STE) quarterly Research & Development came in at $28.8 million in Q1 2026, up 4.35% year-on-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.
- On a quarterly basis, Research & Development rose 4.35% year-over-year to $28.8 million in Q1 2026; TTM through Mar 2026 was $112.9 million, a 4.93% increase from a year earlier, with the FY2026 full-year figure at $112.9 million, up 4.93% from the prior year.
- Research & Development fell to $28.8 million in Q1 2026 per STE's latest filing, from $29.5 million in the prior quarter.
- Across five years, Research & Development topped out at $29.5 million in Q4 2025 and bottomed 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.
- Across the five-year window, Research & Development jumped 41.69% in 2022 and fell 6.17% in 2023, its largest moves.
- Year by year, Research & Development stood at $25.5 million in 2022, then fell by 1.02% to $25.3 million in 2023, then advanced by 8.49% to $27.4 million in 2024, then grew by 7.66% to $29.5 million in 2025, then declined by 2.37% to $28.8 million in 2026.
- Per Business Quant, the three latest STE Research & Development figures stand at $28.8 million (Q1 2026), $29.5 million (Q4 2025), and $28.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 145.30 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -461.27 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | 28.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 18.19 Mn |