Stryker Corporation stock research
FY2025 Q2
Stryker (SYK) Gross Margin — Quarter Ended Jun 30, 2025
Revenue and gross profit both increased compared to the prior quarter and the same quarter last year, while cost of revenue also rose. Gross margin remained stable versus the prior quarter and improved relative to the year-ago period.
Gross margin takeaway
Quarter ended Jun 30, 2025 · FY2025 Q2
Revenue and gross profit both increased compared to the prior quarter and the same quarter last year, while cost of revenue also rose. Gross margin remained stable versus the prior quarter and improved relative to the year-ago period.
- Gross margin was unchanged from the prior quarter, indicating that the proportional relationship among revenue, cost of revenue, and gross profit held steady. The year-over-year improvement in gross margin suggests that revenue grew faster than cost of revenue over that period.
- Compared to the immediately preceding quarter, revenue and gross profit were higher while gross margin was stable. Compared to the same quarter one year earlier, revenue, gross profit, and gross margin were all higher.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
63.8%
Gross profit
$3.8B
Revenue
$6.0B
Cost of revenue
$2.2B
Quarter-over-quarter change
-0.0 pts
Year-over-year change
+0.8 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 |
|---|---|---|---|---|
| Jun 30, 2024 | $5.4B | $3.4B | $2.0B | 63.0% |
| Sep 30, 2024 | $5.5B | $3.5B | $2.0B | 64.0% |
| Mar 31, 2025 | $5.9B | $3.7B | $2.1B | 63.8% |
| Jun 30, 2025 | $6.0B | $3.8B | $2.2B | 63.8% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Mar 31, 2025
-0.0 pts
Year-over-year change
Jun 30, 2024
+0.8 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Gross margin was unchanged from the prior quarter, indicating that the proportional relationship among revenue, cost of revenue, and gross profit held steady. The year-over-year improvement in gross margin suggests that revenue grew faster than cost of revenue over that period.
Compared to the immediately preceding quarter, revenue and gross profit were higher while gross margin was stable. Compared to the same quarter one year earlier, revenue, gross profit, and gross margin were all higher.
Monitor whether gross margin can sustain its year-over-year improvement in future quarters.