NYSE: SYK

STRYKER CORP

CIK 0000310764 · SIC 3841 · Surgical & Medical Instruments

Mega Revenue $25.1B Assets $47.9B as of Sep 20, 2026

Every 8-K is open in full. Other 10-Ks and 10-Qs show a 3-bullet preview. A free account reads 3 more full reports a month. Generating a report requires a verified account.

Sign up free

Want to see a complete report first? Today's free report (INBP 10-K) is open in full — no account needed.

10-Q Filed Jul 31, 2026 · Period ending Jun 30, 2026

Stryker Q2 net income jumps 44.3% to $1.28B on 9.4% revenue growth

5 material changes detected. Sign up free to read the summary.

8-K Filed Jul 30, 2026 · Period ending Jul 30, 2026

Stryker reports 9.0% organic sales growth and 17.9% adjusted EPS growth in Q2 2026

4 material changes detected. Sign up free to read the summary.

Partner

Trade SYK commission-free

Open an account, get a free stock.

Sign up

Investing involves risk. Free stock terms apply.

8-K Filed Jun 26, 2026 · Period ending Jun 26, 2026

Stryker reports 11.2% sales growth for 2025, reorganizes segments around Mako robotics

5 material changes detected. Sign up free to read the summary.

8-K Filed May 20, 2026 · Period ending May 15, 2026

Stryker CAO William Berry to retire Sept 1; VP Controller Emily Baculik promoted to succeed

2 material changes detected. Sign up free to read the summary.

10-Q Filed May 11, 2026 · Period ending Mar 31, 2026 Critical

revenue $6.02B, net income $745.0M. Stryker Q1 sales +2.6%, adj. EPS -8.5% as March cybersecurity breach disrupts operations

5 material changes detected. Sign up free to read the summary.

8-K Filed May 8, 2026 · Period ending May 6, 2026

Summary not yet generated.

8-K Filed Apr 30, 2026 · Period ending Apr 30, 2026 Critical

Stryker Q1 adjusted EPS falls 8.5% to $2.60 despite 2.6% sales growth; cyber incident cited

5 material changes detected. Sign up free to read the summary.

10-K Filed Feb 11, 2026 · Period ending Dec 31, 2025

Summary not yet generated.

10-Q Filed Oct 31, 2025 · Period ending Sep 30, 2025

Summary not yet generated.

10-Q Filed Aug 1, 2025 · Period ending Jun 30, 2025

Summary not yet generated.

10-Q Filed May 2, 2025 · Period ending Mar 31, 2025

Summary not yet generated.

10-K Filed Feb 12, 2025 · Period ending Dec 31, 2024

Summary not yet generated.

Latest financial statements

From 10-Q filed Jul 31, 2026 (period ending Jun 30, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.

As filed

Consolidated Statements of Earnings (Unaudited)

Description Three Months 2026 Three Months 2025 Six Months 2026 Six Months 2025
Net sales 6,589 6,022 12,609 11,888
Cost of sales 2,091 2,181 4,301 4,303
Gross profit 4,498 3,841 8,308 7,585
Research, development and engineering expenses 434 407 847 812
Selling, general and administrative expenses 2,229 2,079 4,510 4,379
Amortization of intangible assets 175 187 355 354
Goodwill and other impairments 1 55 1 90
Total operating expenses 2,839 2,728 5,713 5,635
Operating income 1,659 1,113 2,595 1,950
Interest expense (141) (159) (289) (296)
Other income 46 62 108 126
Earnings before income taxes 1,564 1,016 2,414 1,780
Income taxes 288 132 393 242
Net earnings 1,276 884 2,021 1,538
Net earnings per share of common stock:
Basic 3.32 2.32 5.27 4.03
Diluted 3.30 2.29 5.23 3.98
Weighted-average shares outstanding (in millions):
Basic 383.5 382.2 383.2 382.0
Effect of dilutive employee stock compensation 2.5 4.2 3.0 4.4
Diluted 386.0 386.4 386.2 386.4
Cash dividends declared per share of common stock 0.88 0.84 1.76 1.68

Consolidated Balance Sheets

Description June 30 2026 (Unaudited) December 31 2025
Assets
Current assets
Cash and cash equivalents 3,391 4,011
Marketable securities 85 89
Accounts receivable, less allowance of $215 ($216 in 2025) 3,743 4,039
Inventories:
Materials and supplies 1,436 1,349
Work in process 470 415
Finished goods 3,615 3,546
Total inventories 5,521 5,310
Prepaid expenses and other current assets 1,678 1,306
Total current assets 14,418 14,755
Property, plant and equipment:
Land, buildings and improvements 1,814 1,793
Machinery and equipment 5,995 5,744
Total property, plant and equipment 7,809 7,537
Less allowance for depreciation 3,851 3,661
Property, plant and equipment, net 3,958 3,876
Goodwill 19,584 19,291
Other intangibles, net 5,742 5,681
Noncurrent deferred income tax assets 994 1,098
Other noncurrent assets 3,234 3,143
Total assets 47,930 47,844
Liabilities and shareholders' equity
Current liabilities
Accounts payable 1,663 1,799
Accrued compensation 1,105 1,595
Income taxes 224 418
Dividends payable 338 337
Accrued expenses and other liabilities 2,604 2,645
Current maturities of debt 750 1,000
Total current liabilities 6,684 7,794
Long-term debt, excluding current maturities 14,192 14,859
Income taxes 406 402
Other noncurrent liabilities 2,660 2,369
Total liabilities 23,942 25,424
Shareholders' equity
Common stock, $0.10 par value 38 38
Additional paid-in capital 2,711 2,597
Retained earnings 21,815 20,472
Accumulated other comprehensive loss (576) (687)
Total shareholders' equity 23,988 22,420
Total liabilities and shareholders' equity 47,930 47,844

Consolidated Statements of Cash Flows (Unaudited)

Description Six Months 2026 Six Months 2025
Operating activities
Net earnings 2,021 1,538
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation 241 214
Amortization of intangible assets 355 354
Asset impairments 1 90
Share-based compensation 141 133
Sale of inventory stepped-up to fair value at acquisition — 99
Deferred income tax (benefit) expense 74 176
Changes in operating assets and liabilities:
Accounts receivable 267 257
Inventories (240) (226)
Accounts payable (127) (269)
Accrued expenses and other liabilities (356) (116)
Income taxes (258) (610)
Other, net (277) (279)
Net cash provided by operating activities 1,842 1,361
Investing activities
Acquisitions, net of cash acquired (459) (4,814)
Purchases of marketable securities (19) (27)
Proceeds/(Purchases) of short-term investments — 750
Proceeds from sales of marketable securities 23 32
Purchases of property, plant and equipment (368) (306)
Proceeds from the sale of the Spinal Implants business — 165
Other investing, net (1) (40)
Net cash used in investing activities (824) (4,240)
Financing activities
Proceeds (payments) on short-term borrowings, net 250 2
Proceeds from issuance of long-term debt — 2,979
Payments on long-term debt (1,000) (650)
Payments of dividends (674) (641)
Cash paid for taxes from withheld shares (146) (115)
Other financing, net (35) (30)
Net cash provided by (used in) financing activities (1,605) 1,545
Effect of exchange rate changes on cash and cash equivalents (33) 57
Change in cash and cash equivalents (620) (1,277)
Cash and cash equivalents at beginning of period 4,011 3,652
Cash and cash equivalents at end of period 3,391 2,375

Amounts as printed on the EDGAR/iXBRL face. Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗

View AI report for this filing