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
Download Data| Date | Value |
|---|---|
| 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 |