Steris (STE) Research & Development (2018 - 2026)

Steris (STE) recorded quarterly Research & Development of $28.8 million in Q1 2026, down 2.37% quarter-over-quarter from $29.5 million in Q4 2025, and up 4.35% on a YoY basis from $27.6 million in Q1 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 was $28.8 million for Q1 2026 at Steris, down from $29.5 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $29.5 million in Q4 2025 to a low of $23.3 million in Q1 2023.
  • Historically, Research & Development has averaged $26.3 million across 5 years, with a median of $26.3 million in 2023.
  • The sharpest annual moves came in 2022 and 2023: Research & Development surged 41.69% in 2022, then dropped 6.17% in 2023.
  • A 5-year view of Research & Development shows it 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.
  • The last three Research & Development figures came in at $28.8 million (Q1 2026), $29.5 million (Q4 2025), and $28.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 767.00 Mn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 413.00 Mn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 722.00 Mn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 263.30 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -461.27 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 145.30 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 345.00 Mn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 28.80 Mn
10 Zimmer Biomet Holdings 17.18 Bn 16.77 Bn 1.51 Bn 103.40 Mn

Historic Data

Download Data
DateValue
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