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

Filed June 26, 2026 · Period ending June 26, 2026 · ~1 min read

Key Changes

• high

  Effective tax rate nearly doubled to 28.1% in 2025 from 14.3% in 2024, primarily due to intellectual property transfers between tax jurisdictions, creating a headwind to future profitability.

  Exhibit 99.1 verify on EDGAR →
• high

  Full-year 2025 net sales grew 11.2% (10.3% organic constant-currency) with net earnings of $3.2 billion ($8.40 per diluted share); adjusted EPS of $13.63 up 11.8% year-over-year.

  Exhibit 99.1 verify on EDGAR →
• medium

  Issued $3 billion in senior unsecured notes (4.550%–5.200%, maturities 2027–2035) and repaid $1.4 billion of lower-rate debt, increasing interest expense but extending maturities.

  Exhibit 99.1 verify on EDGAR →