Stryker (SYK) Gross Margin (2009 - 2026)
Stryker's (SYK) quarterly Gross Margin came in at 63.29% in Q1 2026, down 54.0% year-on-year from 137.58% in Q1 2025, and down 1.93% on a QoQ basis from 64.54% in Q4 2025.
Stryker (SYK) Gross Margin (2009 - 2026) Analysis & Trends
Stryker (SYK) has 18 years of Gross Margin data on file, last reported at 63.29% in Q1 2026.
- On a quarterly basis, Gross Margin fell 54.0% year-over-year to 63.29% in Q1 2026; TTM through Mar 2026 was 63.83%, a 13.0% decrease from a year earlier, with the FY2025 full-year figure at 63.96%, up 6.0% from the prior year.
- Gross Margin for Q1 2026 stood at 63.29%, down from 64.54% in the prior quarter.
- Over the last five years, Gross Margin for SYK reached as high as 64.85% in Q4 2024 and fell as low as 62.11% in Q3 2022.
- Historically, Gross Margin has averaged 63.56% across 5 years, with a median of 63.67% in 2023.
- Across the five-year window, Gross Margin sank 257 bps in 2022 and surged 222 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 62.21% in 2022, then advanced by 2 bps to 63.68% in 2023, then climbed by 2 bps to 64.85% in 2024, then decreased by 0 bps to 64.54% in 2025, then fell by 2 bps to 63.29% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 63.29% in Q1 2026, 64.54% in Q4 2025, and 63.6% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 78.01% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 62.95% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 45.22% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 38.53% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | 43.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 63.29% |
| Dec 31, 2025 | 64.54% |
| Sep 30, 2025 | 63.60% |
| Jun 30, 2025 | 63.78% |
| Mar 31, 2025 | 63.83% |
| Dec 31, 2024 | 64.85% |
| Sep 30, 2024 | 64.02% |
| Jun 30, 2024 | 63.00% |
| Mar 31, 2024 | 63.57% |
| Dec 31, 2023 | 63.68% |
| Sep 30, 2023 | 64.33% |
| Jun 30, 2023 | 63.67% |
| Mar 31, 2023 | 63.12% |
| Dec 31, 2022 | 62.21% |
| Sep 30, 2022 | 62.11% |
| Jun 30, 2022 | 62.90% |
| Mar 31, 2022 | 63.95% |
| Dec 31, 2021 | 64.77% |
| Sep 30, 2021 | 63.51% |
| Jun 30, 2021 | 64.56% |