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Stryker SYK Ortho Tech — Net Sales

Other product segments

Trauma and Extremities
$1.04B+9.5%
Instruments
$920M+9.8%
Medical
$902M-4.6%
Endoscopy
$868M+0.1%
Knees
$670M+4.9%
Vascular
$517M+27.3%
Hips
$460M+3.8%
Spine
$8M-95.7%

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$36.37M+13.2%

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$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:Revenues.

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 ortho tech — net sales?
Stryker (SYK) reported ortho tech — net sales of $646M in Q1 2026.
What does ortho tech — net sales mean?
This metric represents the total revenue generated from the sale of orthopedic technology products, including reconstructive implants for hips and knees as well as related surgical instruments. It serves as a primary indicator of the company's market penetration and demand within the musculoskeletal and joint replacement sector. Tracking this revenue stream provides insight into the performance of the company's core medical device portfolio against broader orthopedic market trends.