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Stryker SYK MedSurg and Neurotechnology — Additions and adjustments

Other segment segments

Orthopaedics
$0+100%

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Other financials

Income statement

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Revenue$6.6B+9.4%
Gross profit$4.5B+17.1%
Operating income$1.7B+49.1%
Net income$1.3B+44.3%
EPS (diluted)$3.30+44.1%

Balance sheet

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Cash & equivalents$3.4B+42.8%
Total debt$14.2B-15.2%
Total assets$47.9B+3.5%

Cash flow

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Operating cash flow$1.3B+13.5%
CapEx$202.0M+10.4%
Free cash flow$1.1B+14.1%

Valuation

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Market cap$129.28B-9.8%
Enterprise value$140.08B-11.2%
P/E34.7×-14.5×
P/S-1.0×

Profitability

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Gross margin65%+0.8pp
Operating margin21.4%+6.2pp
Net margin14.4%+2.2pp
FCF margin18.2%+1.3pp

Returns & leverage

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Return on equity32.8%
Debt / equity0.8×
Current ratio2.2×+0.4×

Where this comes from

Reported directly by Stryker in its filing.

Tagged under the XBRL concept us-gaap:GoodwillPurchaseAccountingAdjustments.

The source filing: Stryker’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 11:10 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000310764-26-000031
Line itemMed Surg and NeurotechnologyOrthopaedicsTotal
December 31, 2025$12,556$6,735$19,291
Reallocation of goodwill(518)518
Additions and adjustments(74)(74)
Foreign exchange and other(19)(10)(29)
March 31, 2026$11,945$7,243$19,188

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Stryker's medsurg and neurotechnology — additions and adjustments?
Stryker (SYK) reported medsurg and neurotechnology — additions and adjustments of -$74M in Q1 2026.
How has Stryker's medsurg and neurotechnology — additions and adjustments changed year-over-year?
Stryker's medsurg and neurotechnology — additions and adjustments decreased by 109.0% year-over-year, from $818.75M to -$74M.
What is the long-term trend for Stryker's medsurg and neurotechnology — additions and adjustments?
Over 4 years (2021 to 2025), Stryker's medsurg and neurotechnology — additions and adjustments has grown at a 95.8% compound annual growth rate (CAGR), from $223M to $3.28B.
What does medsurg and neurotechnology — additions and adjustments mean?
This metric represents non-recurring or non-operational financial adjustments specific to the MedSurg and Neurotechnology business segment. It captures one-time costs, restructuring charges, or accounting adjustments that are excluded from core operating performance metrics to provide a clearer view of underlying segment profitability. These adjustments are critical for investors to understand the difference between reported segment earnings and normalized operational cash flow.

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