What is Stryker's operating income?

Stryker (SYK) reported operating income of $936M in Q1 2026.

How has Stryker's operating income changed year-over-year?

Stryker's operating income increased by 11.8% year-over-year, from $837M to $936M.

What is the long-term trend for Stryker's operating income?

Over 4 years (2021 to 2025), Stryker's operating income has grown at a 17.3% compound annual growth rate (CAGR), from $2.58B to $4.89B.

What does operating income mean?

Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

Stryker SYK Operating Income

Operating Income at other companies

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$66M+13.8%

CONMEDCNMD

$25.42M+59.3%

Merit Medical SystemsMMSI

$44.16M+7.6%

Orthofix Medical Inc.OFIX

-$14.44M+70.5%

Boston ScientificBSX

$1.1B+19.5%

Johnson & JohnsonJNJ

——

Segments

By segment

See full

Orthopaedics$854M—

MedSurg and Neurotechnology:$700M-7.5%

Other financials

Income statement

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Revenue$6.0B+2.6%

Gross profit$3.8B+1.8%

Net income$745.0M+13.9%

EPS (diluted)$1.93+14.2%

Balance sheet

See full

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$121.18B-15.6%

Enterprise value$132.69B-16.1%

P/E36.3×-13.9×

P/S4.8×-1.4×

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:OperatingIncomeLoss.

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 operating income?: Stryker (SYK) reported operating income of $936M in Q1 2026.
How has Stryker's operating income changed year-over-year?: Stryker's operating income increased by 11.8% year-over-year, from $837M to $936M.
What is the long-term trend for Stryker's operating income?: Over 4 years (2021 to 2025), Stryker's operating income has grown at a 17.3% compound annual growth rate (CAGR), from $2.58B to $4.89B.
What does operating income mean?: Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.