Cost of Revenue

Total Cost of Revenue

STERIS Total Cost of Revenue increased by 3.2% to $840.70M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 10.6%, from $760.20M to $840.70M. Over 3 years (FY 2022 to FY 2025), Total Cost of Revenue shows an upward trend with a 9.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

An increase relative to revenue suggests rising production costs or margin compression, while a decrease suggests improved operational efficiency.

Detailed definition

Total cost of revenue includes the direct costs attributable to the production of goods or the delivery of services sold...

Peer comparison

Varies by industry; for medical device manufacturers, this includes significant manufacturing and supply chain costs.

Metric ID: total_cost_of_revenue

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$542.14M$716.64M$670.86M$410.76M$577.82M$608.63M$634.24M$734.85M$654.38M$691.98M$737.70M$836.49M$707.10M$750.10M$760.20M$839.35M$763.10M$814.40M$840.70M
QoQ Change+32.2%-6.4%-38.8%+40.7%+5.3%+4.2%+15.9%-11.0%+5.7%+6.6%+13.4%-15.5%+6.1%+1.3%+10.4%-9.1%+6.7%+3.2%
YoY Change+6.6%-15.1%-5.5%+78.9%+13.3%+13.7%+16.3%+13.8%+8.1%+8.4%+3.1%+0.3%+7.9%+8.6%+10.6%
Range$410.76M$840.70M
CAGR+10.2%
Avg YoY Growth+11.3%
Median YoY Growth+8.4%
Current Streak2 quarters growth

Product Breakdown

View all
SegmentQ1 '23Q1 '24Q2 '24Q3 '24Q4 '24
Service$341.47M$374.91M$366.70M$381.40M$388.50M
Product$212.70M$461.58M$340.40M$368.70M$371.70M
Total$734.85M$836.49M$707.10M$750.10M$760.20M

Business Segments

View all
SegmentQ2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q2 '25Q3 '25Q4 '25
Life Sciences:$66.40M$65.60M
Life Science Member$70.97M$70.97M$70.97M$70.97M$58.90M$58.00M
Total$654.38M$691.98M$737.70M$836.49M$707.10M$763.10M$814.40M$840.70M

Life Science Member was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is STERIS's total cost of revenue?
STERIS (STE) reported total cost of revenue of $840.70M in Q4 2025.
How has STERIS's total cost of revenue changed year-over-year?
STERIS's total cost of revenue increased by 10.6% year-over-year, from $760.20M to $840.70M.
What is the long-term trend for STERIS's total cost of revenue?
Over 3 years (2022 to 2025), STERIS's total cost of revenue has grown at a 9.3% compound annual growth rate (CAGR), from $2.34B to $3.06B.
What does total cost of revenue mean?
The direct costs incurred to produce the goods or services that a company sold during a specific period.