Stryker (SYK) Operating Expenses (2009 - 2026)

Stryker's (SYK) quarterly Operating Expenses came in at $2.9 billion in Q1 2026, down 1.14% year-on-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) Operating Expenses (2009 - 2026) Analysis & Trends

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

  • On a quarterly basis, Operating Expenses fell 1.14% year-over-year to $2.9 billion in Q1 2026; TTM through Mar 2026 was $11.1 billion, a 1.36% decrease from a year earlier, with the FY2025 full-year figure at $11.2 billion, up 3.95% from the prior year.
  • Operating Expenses for Q1 2026 stood at $2.9 billion, up from $2.8 billion in the prior quarter.
  • Over the last five years, Operating Expenses for SYK reached as high as $3.6 billion in Q4 2024 and fell as low as $2.0 billion in Q3 2022.
  • Historically, Operating Expenses has averaged $2.5 billion across 5 years, with a median of $2.4 billion in 2022.
  • Across the five-year window, Operating Expenses surged 46.89% in 2024 and dropped 21.4% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $2.4 billion in 2022, then grew by 0.99% to $2.4 billion in 2023, then jumped by 46.89% to $3.6 billion in 2024, then fell by 21.4% to $2.8 billion in 2025, then gained by 1.77% to $2.9 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $2.9 billion in Q1 2026, $2.8 billion in Q4 2025, and $2.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 9.82 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 2.87 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 3.59 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 785.50 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 495.00 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -668.50 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 1.46 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -47.00 Mn
10 Steris 20.59 Bn 20.16 Bn 697.10 Mn 380.30 Mn

Historic Data

Download Data
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