Stryker (SYK) Research & Development (2009 - 2026)
Stryker's Research & Development was $434 million in Q2 2026, up 6.6% from $407 million a year earlier and up 5.1% from the prior quarter.
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Analysis
Stryker (SYK) Research & Development (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Stryker's Research & Development was $1.66 billion through Jun 30, 2026, up 7.2% year-over-year; for FY2025, it came in at $1.62 billion, up 10.7% from FY2024.
- Research & Development shows a five-year compound annual growth rate of 10.5% (FY2020 to FY2025).
- In earlier years, Research & Development was $1.47 billion in FY2024 (+5.6%), $1.39 billion in FY2023 (-4.5%), $1.45 billion in FY2022 (+17.7%) and $1.24 billion in FY2021 (+25.5%).
- The Q2 2026 figure marks the highest quarterly Research & Development in data going back to Q1 2009.
- Compared with a year earlier, Research & Development has increased for 11 straight quarters, with growth averaging 7.6% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was Q1 2022 (growth of 43.4%); the worst was Q1 2023 (a decline of 17.9%).
- Per Business Quant data, SYK's Research & Development in the three quarters before Q2 2026 was $413 million (Q1 2026), $401 million (Q4 2025) and $410 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 258.00 Mn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 278.90 Mn |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | 123.00 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 |
API Access
Stryker Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=SYK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "SYK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=SYK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();