What is Stryker's total cost of revenue?

Stryker (SYK) reported total cost of revenue of $2.21B in Q1 2026.

How has Stryker's total cost of revenue changed year-over-year?

Stryker's total cost of revenue increased by 4.1% year-over-year, from $2.12B to $2.21B.

What is the long-term trend for Stryker's total cost of revenue?

Over 4 years (2021 to 2025), Stryker's total cost of revenue has grown at a 10.2% compound annual growth rate (CAGR), from $6.14B to $9.05B.

What does total cost of revenue mean?

The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

Stryker SYK Total Cost of Revenue

Total Cost of Revenue at other companies

Baxter InternationalBAX

$1.81B+2.6%

Johnson & JohnsonJNJ

$8.11B+10.2%

CONMEDCNMD

$133.6M-6.9%

Merit Medical SystemsMMSI

$197.08M+7.5%

Orthofix Medical Inc.OFIX

$57.16M-20.6%

Boston ScientificBSX

$1.59B+9.4%

Segments

By segment

See full

MedSurg and Neurotechnology:$1.29B+9.9%

Orthopaedics$775M—

Other financials

Income statement

See full

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

See full

Cash & equivalents$2.9B+24.1%

Total debt$14.4B-15.1%

Total assets$46.3B+0.6%

Cash flow

See full

Operating cash flow$581.0M+132%

CapEx$166.0M+35.0%

Free cash flow$415.0M+227%

Valuation

See full

Market cap$121.18B-15.6%

Enterprise value$132.69B-16.1%

P/E36.3×-13.9×

P/S4.8×-1.4×

Profitability

See full

Gross margin63.8%-0.1pp

Operating margin19.7%+4.4pp

Net margin13.2%+0.9pp

FCF margin18.1%+2.7pp

Returns & leverage

See full

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:CostOfRevenue.

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 total cost of revenue?: Stryker (SYK) reported total cost of revenue of $2.21B in Q1 2026.
How has Stryker's total cost of revenue changed year-over-year?: Stryker's total cost of revenue increased by 4.1% year-over-year, from $2.12B to $2.21B.
What is the long-term trend for Stryker's total cost of revenue?: Over 4 years (2021 to 2025), Stryker's total cost of revenue has grown at a 10.2% compound annual growth rate (CAGR), from $6.14B to $9.05B.
What does total cost of revenue mean?: The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.