STERIS Healthcare — R&D increased by 3.7% to $25.20M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.6%, from $23.20M to $25.20M. Over 2 years (FY 2023 to FY 2025), Healthcare — R&D shows relatively stable performance with a 4.8% CAGR.
Higher spending signals a focus on future innovation and competitive differentiation, while lower spending may indicate a focus on short-term profitability over long-term growth.
This metric tracks the investment in innovation, product development, and clinical testing specifically for the healthca...
R&D intensity is a standard metric for comparing innovation pipelines among medical device manufacturers.
ste_segment_healthcare_research_and_development| Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $21.17M | $21.17M | $21.17M | $21.17M | $22.44M | $22.44M | $22.44M | $22.44M | $22.40M | $23.70M | $23.20M | $23.69M | $22.70M | $24.30M | $25.20M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +6.0% | +0.0% | +0.0% | +0.0% | -0.2% | +5.8% | -2.1% | +2.1% | -4.2% | +7.0% | +3.7% |
| YoY Change | — | — | — | — | +6.0% | +6.0% | +6.0% | +6.0% | -0.2% | +5.6% | +3.4% | +5.6% | +1.3% | +2.5% | +8.6% |