Steris (STE) Research & Development (2018 - 2026)
Steris (STE) reported Research & Development of $28.6 million for fiscal Q1 2027 (quarter ended Jun 30, 2026), up 8.3% from $26.4 million a year earlier but down 0.7% from the prior quarter.
Powered by 
Analysis
Steris (STE) Research & Development (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Steris' Research & Development came in at $115.1 million, up 6.2% year-over-year; for FY2026 (ended Mar 31, 2026), it was $112.9 million, up 4.9% from FY2025.
- Research & Development has increased for nine consecutive fiscal years, with a five-year compound annual growth rate of 11.2% (FY2021 to FY2026).
- By fiscal year, Research & Development came in at $107.6 million in FY2025 (+3.8%), $103.7 million in FY2024 (+5.3%), $98.48 million in FY2023 (+13.6%) and $86.66 million in FY2022 (+30.7%).
- Five-year quarterly Research & Development spans a low of $18.83 million in fiscal Q2 2022 and a high of $29.5 million in fiscal Q3 2026.
- Year over year, Research & Development has now increased in each of the last ten quarters, with growth averaging 5.0% over the last eight quarters.
- The high point for year-over-year Research & Development in five years was fiscal Q3 2022 (growth of 51.0%); the low point was fiscal Q4 2023 (a decline of 6.2%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $28.8 million (Q4 2026), $29.5 million (Q3 2026) and $28.2 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 278.90 Mn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 258.00 Mn |
| 10 | Steris | 20.49 Bn | 18.84 Bn | 684.20 Mn | 28.60 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 |
API Access
Steris Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=STE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "STE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=STE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();