Stryker Corporation stock research
FY2026 Q1
Stryker (SYK) Gross Margin & Quarterly History
Explore Stryker Corporation (SYK) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue and gross profit declined from the prior quarter but rose from the same quarter last year. Cost of revenue changed at a different pace than revenue, leading to a gross margin that was lower than both the immediately preceding quarter and the year-ago period.
- The strongest observable driver is the relative movement of cost of revenue versus revenue: cost decreased less than revenue sequentially and increased more than revenue year-over-year, compressing the gross margin.
- Compared to the prior quarter, gross margin weakened; compared to the same quarter last year, gross margin also weakened.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
63.3%
Gross profit
$3.8B
Revenue
$6.0B
Cost of revenue
$2.2B
Quarter-over-quarter change
-0.3 pts
Year-over-year change
-0.5 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Mar 31, 2025 | $5.9B | $3.7B | $2.1B | 63.8% |
| Jun 30, 2025 | $6.0B | $3.8B | $2.2B | 63.8% |
| Sep 30, 2025 | $6.1B | $3.9B | $2.2B | 63.6% |
| Mar 31, 2026 | $6.0B | $3.8B | $2.2B | 63.3% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Sep 30, 2025
-0.3 pts
Year-over-year change
Mar 31, 2025
-0.5 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable driver is the relative movement of cost of revenue versus revenue: cost decreased less than revenue sequentially and increased more than revenue year-over-year, compressing the gross margin.
Compared to the prior quarter, gross margin weakened; compared to the same quarter last year, gross margin also weakened.
Monitor the resolution of the cybersecurity incident disclosed in the filing, as it may affect future operational costs.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Stryker Corporation (SYK) | 63.3% |