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Stryker SYK Orthopaedics: — Net Sales

Other segment segments

MedSurg and Neurotechnology:
$3.21B+4.9%
Orthopaedics
$2.17B—

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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$124.86B-14.4%
Enterprise value$135.66B-15.3%
P/E33.5×-16.5×
P/S4.8×-1.3×

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:Revenues.

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
Net Sales by BusinessThree Months / 2026Three Months / 2025
Orthopaedics:
Knees$670$639
Hips460443
Trauma and Extremities1,035945
Ortho Tech646617
Spinal Implants2166
$2,813$2,810
Total$6,020$5,866

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Stryker's orthopaedics: — net sales?
Stryker (SYK) reported orthopaedics: — net sales of $2.81B in Q1 2026.
How has Stryker's orthopaedics: — net sales changed year-over-year?
Stryker's orthopaedics: — net sales increased by 0.1% year-over-year, from $2.81B to $2.81B.
What is the long-term trend for Stryker's orthopaedics: — net sales?
Over 4 years (2021 to 2025), Stryker's orthopaedics: — net sales has grown at a 7.0% compound annual growth rate (CAGR), from $7.57B to $9.92B.
What does orthopaedics: — net sales mean?
This metric represents the total revenue generated from the sale of orthopaedic and spine-related medical devices, including joint replacements and spinal implants. It serves as a primary indicator of market demand and competitive performance within the musculoskeletal healthcare sector. Growth in this segment reflects the company's ability to capture market share through product innovation and clinical adoption.

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