Current Liabilities

Income Taxes Payable

Stryker Income Taxes Payable decreased by 89.5% to $42.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 88.7%, from $372.00M to $42.00M. Over 4 years (FY 2020 to FY 2024), Income Taxes Payable shows a downward trend with a -22.9% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 11, 2026

How to read this metric

An increase often reflects higher taxable income, while a decrease may indicate tax payments made or lower taxable earnings.

Detailed definition

This represents the current portion of income tax obligations owed to various government taxing authorities based on tax...

Peer comparison

Common across all profitable corporations, varying based on effective tax rates and jurisdictional tax laws.

Metric ID: income_taxes_payable

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$927.00M$929.00M$913.00M$917.00M$787.00M$621.00M$641.00M$625.00M$469.00M$465.00M$567.00M$565.00M$350.00M$368.00M$349.00M$372.00M$395.00M$400.00M$42.00M
QoQ Change+0.2%-1.7%+0.4%-14.2%-21.1%+3.2%-2.5%-25.0%-0.9%+21.9%-0.4%-38.1%+5.1%-5.2%+6.6%+6.2%+1.3%-89.5%
YoY Change-15.1%-33.2%-29.8%-31.8%-40.4%-25.1%-11.5%-9.6%-25.4%-20.9%-38.4%-34.2%+12.9%+8.7%-88.7%
Range$42.00M$929.00M
CAGR-49.7%
Avg YoY Growth-25.5%
Median YoY Growth-25.4%

Frequently Asked Questions

What is Stryker's income taxes payable?
Stryker (SYK) reported income taxes payable of $42.00M in Q1 2026.
How has Stryker's income taxes payable changed year-over-year?
Stryker's income taxes payable decreased by 88.7% year-over-year, from $372.00M to $42.00M.
What is the long-term trend for Stryker's income taxes payable?
Over 4 years (2020 to 2024), Stryker's income taxes payable has grown at a -22.9% compound annual growth rate (CAGR), from $990.00M to $349.00M.
What does income taxes payable mean?
The amount of income tax the company owes to government authorities for the current period.