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Stryker SYK Orthopaedics — Revenue

Other segment segments

MedSurg and Neurotechnology:
$3.21B+4.9%
Orthopaedics:
$2.81B+0.1%

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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$118B-11.4%
Enterprise value$129.51B-12.4%
P/E35.4×-11.2×
P/S4.7×-1.1×

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 orthopaedics — revenue?
Stryker (SYK) reported orthopaedics — revenue of $2.81B in Q1 2026.
How has Stryker's orthopaedics — revenue changed year-over-year?
Stryker's orthopaedics — revenue increased by 0.1% year-over-year, from $2.81B to $2.81B.
What is the long-term trend for Stryker's orthopaedics — revenue?
Over 3 years (2022 to 2025), Stryker's orthopaedics — revenue has grown at a 9.5% compound annual growth rate (CAGR), from $7.56B to $9.92B.
What does orthopaedics — revenue mean?
This metric represents the total gross revenue generated by the sale of orthopedic products, including reconstructive implants, surgical instruments, and related medical devices. It reflects the market demand for the company's core musculoskeletal solutions and serves as a primary indicator of the segment's competitive position within the global medical device industry. Growth in this area is typically driven by surgical volume, new product innovation, and expansion into emerging clinical applications.