Stryker (SYK) Research & Development (2009 - 2026)
Stryker's (SYK) quarterly Research & Development came in at $413.0 million in Q1 2026, up 1.98% year-on-year from $405.0 million in Q1 2025, and up 2.99% on a QoQ basis from $401.0 million in Q4 2025.
Stryker (SYK) Research & Development (2009 - 2026) Analysis & Trends
Stryker (SYK) has 18 years of Research & Development data on file, last reported at $413.0 million in Q1 2026.
- On a quarterly basis, Research & Development rose 1.98% year-over-year to $413.0 million in Q1 2026; TTM through Mar 2026 was $1.6 billion, a 8.52% increase from a year earlier, with the FY2025 full-year figure at $1.6 billion, up 10.71% from the prior year.
- Research & Development for Q1 2026 stood at $413.0 million, up from $401.0 million in the prior quarter.
- Over the last five years, Research & Development for SYK reached as high as $413.0 million in Q1 2022 and fell as low as $326.0 million in Q4 2022.
- Historically, Research & Development has averaged $373.2 million across 5 years, with a median of $364.0 million in 2022.
- Across the five-year window, Research & Development soared 43.4% in 2022 and declined 17.92% in 2023, its largest moves.
- Year by year, Research & Development stood at $326.0 million in 2022, then climbed by 7.36% to $350.0 million in 2023, then advanced by 2.29% to $358.0 million in 2024, then grew by 12.01% to $401.0 million in 2025, then gained by 2.99% to $413.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $413.0 million in Q1 2026, $401.0 million in Q4 2025, and $410.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 145.30 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -461.27 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | 28.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 413.00 Mn |
| Dec 31, 2025 | 401.00 Mn |
| Sep 30, 2025 | 410.00 Mn |
| Jun 30, 2025 | 407.00 Mn |
| Mar 31, 2025 | 405.00 Mn |
| Dec 31, 2024 | 358.00 Mn |
| Sep 30, 2024 | 377.00 Mn |
| Jun 30, 2024 | 363.00 Mn |
| Mar 31, 2024 | 368.00 Mn |
| Dec 31, 2023 | 350.00 Mn |
| Sep 30, 2023 | 353.00 Mn |
| Jun 30, 2023 | 346.00 Mn |
| Mar 31, 2023 | 339.00 Mn |
| Dec 31, 2022 | 326.00 Mn |
| Sep 30, 2022 | 364.00 Mn |
| Jun 30, 2022 | 351.00 Mn |
| Mar 31, 2022 | 413.00 Mn |
| Dec 31, 2021 | 331.00 Mn |
| Sep 30, 2021 | 306.00 Mn |
| Jun 30, 2021 | 310.00 Mn |