Stryker revenue and financials
$278.20Change from previous close: −2.46%Absolute change: −$7.02
In the fiscal year ended December 2025, Stryker reported revenue of $25.12B (+11.16% year over year). Net income was $3.25B, a net margin of 12.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +11.16%
- 2025 vs 2024
- Net income growth
- +8.45%
- 2025 vs 2024
- Net margin
- 12.9%
- 2024: 13.2%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,261 | 581 | 2,143 | 1,540 | 1,111 | 250 | 1,931 | 1,474 | 633 | 204 | 1,528 | 1,050 |
| Depreciation and amortization | 296 | 300 | 316 | 309 | 296 | 272 | 264 | 268 | 258 | 260 | 250 | 262 |
| Capital expenditure | -202 | -166 | -268 | -187 | -183 | -123 | -266 | -170 | -152 | -167 | -145 | -148 |
| Investing cash flow | -639 | -185 | -305 | -321 | -104 | -4,136 | -303 | -2,172 | -117 | -408 | -152 | -145 |
| Financing cash flow | -95.0 | -1,510 | -1,093 | -339 | -989 | 2,534 | -1,794 | 2,653 | -966 | -418 | -286 | -422 |
| Dividends paid | -337 | -337 | -321 | -322 | -321 | -320 | -305 | -305 | -305 | -304 | -285 | -285 |
| Share repurchases | -7.0 | -139 | -17.0 | -17.0 | -14.0 | -101 | -49.0 | -19.0 | -14.0 | -113 | -34.0 | -10.0 |
| Debt issued | 250 | 0.0 | -1.0 | -1.0 | 2.0 | 2,979 | — | 3,011 | — | — | 1,241 | 540 |
| Debt repaid | 0.0 | -1,000 | -750 | 0.0 | -650 | — | -1,438 | -33.0 | -599 | -1.0 | -1,206 | -647 |
| Effect of exchange rates | -14.0 | -19.0 | 10.0 | 1.0 | 37.0 | 20.0 | -32.0 | 21.0 | -6.0 | -19.0 | 21.0 | -24.0 |
| Net change in cash | 513 | -1,133 | 755 | 881 | 55.0 | -1,332 | -198 | 1,976 | -456 | -641 | 1,111 | 459 |
| Free cash flow | 1,059 | 415 | 1,875 | 1,353 | 928 | 127 | 1,665 | 1,304 | 481 | 37.0 | 1,383 | 902 |
| Levered free cash flow | 669 | 95.1 | 1,788 | 1,261 | 922 | -97.1 | 1,154 | 1,233 | 569 | -176 | 1,062 | 636 |