Stryker (SYK) Research & Development (2009 - 2026)
Stryker's (SYK) quarterly Research & Development came in at $434.0 million in Q2 2026, up 6.63% year-over-year from $407.0 million in Q2 2025, and up 5.08% quarter-over-quarter from $413.0 million in Q1 2026.
Analysis
Stryker (SYK) Research & Development (2009 - 2026) Analysis & Trends
Stryker (SYK) has reported Research & Development for 18 consecutive years, with $434.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 6.63% year-over-year to $434.0 million in Q2 2026; TTM through Jun 2026 was $1.7 billion, a 7.18% increase from a year earlier, with the FY2025 full-year figure at $1.6 billion, up 10.71% from the prior year.
- Research & Development was $434.0 million for Q2 2026 at Stryker, up from $413.0 million in the prior quarter.
- Over five years, Research & Development peaked at $434.0 million in Q2 2026 and troughed at $326.0 million in Q4 2022.
- A 5-year average of $376.6 million and a median of $366.0 million in 2022 frame the typical range for Research & Development.
- Across the five-year window, Research & Development jumped 43.4% in 2022 and fell 17.92% in 2023, its largest moves.
- Over 5 years, Research & Development stood at $326.0 million in 2022, then increased by 7.36% to $350.0 million in 2023, then grew by 2.29% to $358.0 million in 2024, then rose by 12.01% to $401.0 million in 2025, then grew by 8.23% to $434.0 million in 2026.
- The last three Research & Development figures came in at $434.0 million (Q2 2026), $413.0 million (Q1 2026), and $401.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 184.62 Bn | 179.02 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Intuitive Surgical | 124.22 Bn | 119.01 Bn | 1.96 Bn | 370.60 Mn |
| 3 | Medtronic | 118.38 Bn | 109.56 Bn | 6.34 Bn | 771.00 Mn |
| 4 | Stryker | 104.98 Bn | 101.51 Bn | 4.50 Bn | 434.00 Mn |
| 5 | Boston Scientific | 66.67 Bn | 66.13 Bn | 3.85 Bn | 554.00 Mn |
| 6 | Edwards Lifesciences | 49.77 Bn | 45.52 Bn | 1.35 Bn | 278.90 Mn |
| 7 | Alcon | 34.01 Bn | 32.56 Bn | 1.68 Bn | -663.00 Mn |
| 8 | Dexcom | 32.28 Bn | 30.33 Bn | 830.00 Mn | 153.00 Mn |
| 9 | Steris | 21.17 Bn | 20.69 Bn | 684.20 Mn | 28.60 Mn |
| 10 | Zimmer Biomet Holdings | 18.23 Bn | 17.82 Bn | 1.54 Bn | 104.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 434.00 Mn |
| 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 |