KPIs & Operating Metrics(New)
Growth Metrics

Stryker (SYK) Operating Expenses (2009 - 2026)

Stryker (SYK) reported Operating Expenses of $2.9 billion for Q1 2026, down 1.14% year-over-year from $2.9 billion in Q1 2025, and up 1.77% on a QoQ basis from $2.8 billion in Q4 2025.

Stryker (SYK) has 18 years of Operating Expenses data on file, last reported at $2.9 billion in Q1 2026.

  • Quarterly Operating Expenses fell 1.14% year-over-year to $2.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $11.1 billion (down 1.36% YoY) and the FY2025 annual result came in at $11.2 billion, up 3.95% from the prior year.
  • Operating Expenses rose to $2.9 billion in Q1 2026 per SYK's latest filing, from $2.8 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $3.6 billion in Q4 2024 and bottomed at $2.0 billion in Q3 2022.
  • The 5-year median for Operating Expenses is $2.4 billion (2022), against an average of $2.5 billion.
  • The widest annual swing landed in 2024, when Operating Expenses surged 46.89%; it then dropped 21.4% in 2025.
  • Tracing SYK's Operating Expenses over 5 years: stood at $2.4 billion in 2022, then increased by 0.99% to $2.4 billion in 2023, then surged by 46.89% to $3.6 billion in 2024, then retreated by 21.4% to $2.8 billion in 2025, then advanced by 1.77% to $2.9 billion in 2026.
  • Per Business Quant, the three latest SYK Operating Expenses figures stand at $2.9 billion (Q1 2026), $2.8 billion (Q4 2025), and $2.7 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 9.82 Bn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 2.87 Bn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 3.76 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 822.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -668.50 Mn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 495.00 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 1.46 Bn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 380.30 Mn
10 Zimmer Biomet Holdings 16.17 Bn 15.75 Bn 1.51 Bn 1.71 Bn

Historic Data

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DateValue
Mar 31, 2026 2.87 Bn
Dec 31, 2025 2.82 Bn
Sep 30, 2025 2.72 Bn
Jun 30, 2025 2.73 Bn
Mar 31, 2025 2.91 Bn
Dec 31, 2024 3.59 Bn
Sep 30, 2024 2.43 Bn
Jun 30, 2024 2.37 Bn
Mar 31, 2024 2.36 Bn
Dec 31, 2023 2.45 Bn
Sep 30, 2023 2.23 Bn
Jun 30, 2023 2.22 Bn
Mar 31, 2023 2.28 Bn
Dec 31, 2022 2.42 Bn
Sep 30, 2022 1.97 Bn
Jun 30, 2022 2.05 Bn
Mar 31, 2022 2.29 Bn
Dec 31, 2021 2.23 Bn
Sep 30, 2021 2.07 Bn
Jun 30, 2021 2.04 Bn
Mar 31, 2021 2.05 Bn
Dec 31, 2020 1.97 Bn
Sep 30, 2020 1.60 Bn
Jun 30, 2020 1.57 Bn
Mar 31, 2020 1.70 Bn
Dec 31, 2019 1.76 Bn
Sep 30, 2019 1.70 Bn
Jun 30, 2019 1.77 Bn
Mar 31, 2019 1.76 Bn
Dec 31, 2018 1.76 Bn
Sep 30, 2018 1.58 Bn
Jun 30, 2018 1.52 Bn
Mar 31, 2018 1.55 Bn
Dec 31, 2017 1.53 Bn
Sep 30, 2017 1.46 Bn
Jun 30, 2017 1.49 Bn
Mar 31, 2017 1.41 Bn
Dec 31, 2016 1.43 Bn
Sep 30, 2016 1.39 Bn
Jun 30, 2016 1.34 Bn
Mar 31, 2016 1.18 Bn
Dec 31, 2015 1.17 Bn
Sep 30, 2015 1.25 Bn
Jun 30, 2015 1.18 Bn
Mar 31, 2015 1.15 Bn
Dec 31, 2014 1.25 Bn
Sep 30, 2014 1.11 Bn
Jun 30, 2014 1.35 Bn
Mar 31, 2014 1.40 Bn
Dec 31, 2013 1.16 Bn
Sep 30, 2013 1.32 Bn
Jun 30, 2013 1.19 Bn
Mar 31, 2013 1.09 Bn
Dec 31, 2012 1.22 Bn
Sep 30, 2012 947.00 Mn
Jun 30, 2012 989.00 Mn
Mar 31, 2012 976.00 Mn
Dec 31, 2011 1.06 Bn
Sep 30, 2011 918.00 Mn
Jun 30, 2011 932.00 Mn
Mar 31, 2011 903.00 Mn
Dec 31, 2010 985.00 Mn
Sep 30, 2010 756.00 Mn
Jun 30, 2010 770.80 Mn
Mar 31, 2010 771.30 Mn
Dec 31, 2009 727.00 Mn
Sep 30, 2009 803.20 Mn
Jun 30, 2009 708.20 Mn
Mar 31, 2009 706.60 Mn