What is Stryker's FX effect on cash?

Stryker (SYK) reported FX effect on cash of -$19M in Q1 2026.

How has Stryker's FX effect on cash changed year-over-year?

Stryker's FX effect on cash decreased by 195.0% year-over-year, from $20M to -$19M.

What does FX effect on cash mean?

The impact of exchange rate changes on the value of cash and equivalents held in foreign currencies.

Stryker SYK FX Effect on Cash

FX Effect on Cash at other companies

Johnson & JohnsonJNJ

-$25M-136%

CONMEDCNMD

-$814K-199%

Merit Medical SystemsMMSI

-$426K-146%

Orthofix Medical Inc.OFIX

-$90K-118%

Boston ScientificBSX

$0-100%

Baxter InternationalBAX

——

Other financials

Income statement

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Revenue$6.0B+2.6%

Gross profit$3.8B+1.8%

Operating income$936.0M+11.8%

Net income$745.0M+13.9%

EPS (diluted)$1.93+14.2%

Balance sheet

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Cash & equivalents$2.9B+24.1%

Total debt$14.4B-15.1%

Total assets$46.3B+0.6%

Cash flow

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Operating cash flow$581.0M+132%

CapEx$166.0M+35.0%

Free cash flow$415.0M+227%

Valuation

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Market cap$120.7B-16.1%

Enterprise value$132.2B-16.4%

P/E36.2×-13.1×

P/S4.8×-1.3×

Profitability

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Gross margin63.8%-0.1pp

Operating margin19.7%+4.4pp

Net margin13.2%+0.9pp

FCF margin18.1%+2.7pp

Returns & leverage

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Return on equity32.8%—

Debt / equity0.8×—

Current ratio2.1×+0.5×

Where this comes from

Reported directly by Stryker in its filing.

Tagged under the XBRL concept us-gaap:EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents.

The official record: Stryker’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Stryker's FX effect on cash?: Stryker (SYK) reported FX effect on cash of -$19M in Q1 2026.
How has Stryker's FX effect on cash changed year-over-year?: Stryker's FX effect on cash decreased by 195.0% year-over-year, from $20M to -$19M.
What does FX effect on cash mean?: The impact of exchange rate changes on the value of cash and equivalents held in foreign currencies.