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Stryker SYK MedSurg and Neurotechnology: — Selling, general and administrative expenses

Other segment segments

Orthopaedics
$925M

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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:SellingGeneralAndAdministrativeExpense.

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
Segment ResultsThree Months / 2026Three Months / 2025
MedSurg and Neurotechnology$231$208
Orthopaedics146158
Segment research, development and engineering expenses$377$366
MedSurg and Neurotechnology$930$859
Orthopaedics880925
Segment selling, general and administrative expenses$1,810$1,784
MedSurg and Neurotechnology$55$48
Orthopaedics119107

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Stryker's medsurg and neurotechnology: — selling, general and administrative expenses?
Stryker (SYK) reported medsurg and neurotechnology: — selling, general and administrative expenses of $930M in Q1 2026.
How has Stryker's medsurg and neurotechnology: — selling, general and administrative expenses changed year-over-year?
Stryker's medsurg and neurotechnology: — selling, general and administrative expenses increased by 8.3% year-over-year, from $859M to $930M.
What is the long-term trend for Stryker's medsurg and neurotechnology: — selling, general and administrative expenses?
Over 3 years (2022 to 2025), Stryker's medsurg and neurotechnology: — selling, general and administrative expenses has grown at a 14.5% compound annual growth rate (CAGR), from $2.56B to $3.85B.
What does medsurg and neurotechnology: — selling, general and administrative expenses mean?
Encompasses the overhead costs required to operate the MedSurg and Neurotechnology segment, including sales force commissions, marketing, legal, and general administrative support. This metric measures the operational efficiency of the segment's commercial and support functions. It is a key factor in determining the segment's overall operating margin.

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