Stryker (SYK) Cost of Revenue (2009 - 2026)
Stryker's (SYK) quarterly Cost of Revenue came in at $2.2 billion in Q1 2026, up 4.15% year-on-year from $2.1 billion in Q1 2025, and down 13.09% on a QoQ basis from $2.5 billion in Q4 2025.
Stryker (SYK) Cost of Revenue (2009 - 2026) Analysis & Trends
Stryker (SYK) has 18 years of Cost of Revenue data on file, last reported at $2.2 billion in Q1 2026.
- On a quarterly basis, Cost of Revenue rose 4.15% year-over-year to $2.2 billion in Q1 2026; TTM through Mar 2026 was $9.1 billion, a 9.23% increase from a year earlier, with the FY2025 full-year figure at $9.1 billion, up 10.99% from the prior year.
- Cost of Revenue for Q1 2026 stood at $2.2 billion, down from $2.5 billion in the prior quarter.
- Over the last five years, Cost of Revenue for SYK reached as high as $2.5 billion in Q4 2025 and fell as low as $1.5 billion in Q1 2022.
- Historically, Cost of Revenue has averaged $2.0 billion across 5 years, with a median of $2.0 billion in 2024.
- Across the five-year window, Cost of Revenue gained 18.72% in 2022 and gained 3.18% in 2023, its largest moves.
- Year by year, Cost of Revenue stood at $2.0 billion in 2022, then rose by 7.43% to $2.1 billion in 2023, then grew by 7.1% to $2.3 billion in 2024, then gained by 12.42% to $2.5 billion in 2025, then fell by 13.09% to $2.2 billion in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $2.2 billion in Q1 2026, $2.5 billion in Q4 2025, and $2.2 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 182.32 Bn | 175.02 Bn | 6.27 Bn | 4.89 Bn |
| 2 | Stryker | 128.75 Bn | 125.88 Bn | 3.81 Bn | 2.21 Bn |
| 3 | Medtronic | 107.83 Bn | 98.61 Bn | 6.41 Bn | 3.40 Bn |
| 4 | Boston Scientific | 67.61 Bn | 66.15 Bn | 3.61 Bn | 12.00 Mn |
| 5 | Edwards Lifesciences | 48.13 Bn | 44.45 Bn | 1.29 Bn | 362.60 Mn |
| 6 | Dexcom | 28.26 Bn | 27.14 Bn | 750.30 Mn | 441.60 Mn |
| 7 | GE HealthCare Technologies | 27.78 Bn | 25.50 Bn | 1.98 Bn | 481.00 Mn |
| 8 | Smith & Nephew | 26.99 Bn | 26.41 Bn | - | - |
| 9 | Koninklijke Philips | 23.92 Bn | 20.80 Bn | 2.07 Bn | 2.51 Bn |
| 10 | Steris | 21.47 Bn | 21.03 Bn | 697.10 Mn | 891.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.21 Bn |
| Mar 31, 2026 | 2.21 Bn |
| Dec 31, 2025 | 2.54 Bn |
| Dec 31, 2025 | 2.54 Bn |
| Sep 30, 2025 | 2.21 Bn |
| Sep 30, 2025 | 2.21 Bn |
| Jun 30, 2025 | 2.18 Bn |
| Jun 30, 2025 | 2.18 Bn |
| Mar 31, 2025 | 2.12 Bn |
| Mar 31, 2025 | 2.12 Bn |
| Dec 31, 2024 | 2.26 Bn |
| Dec 31, 2024 | 2.26 Bn |
| Sep 30, 2024 | 1.98 Bn |
| Sep 30, 2024 | 1.98 Bn |
| Jun 30, 2024 | 2.01 Bn |
| Jun 30, 2024 | 2.01 Bn |
| Mar 31, 2024 | 1.91 Bn |
| Mar 31, 2024 | 1.91 Bn |
| Dec 31, 2023 | 2.11 Bn |
| Dec 31, 2023 | 2.11 Bn |