Stryker (SYK) Revenue — Quarter Ended Jun 30, 2023
Revenue increased in the current quarter compared to the prior quarter. The growth rate slowed relative to the same quarter last year.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased in the current quarter compared to the prior quarter. The growth rate slowed relative to the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5B
Revenue reported for this quarter.
Quarter-over-quarter
+4.6%
Change from the immediately preceding quarter.
Year-over-year
+11.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$19.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $4.5B | +7.7% |
| Dec 31, 2022 | $5.2B | +10.7% |
| Mar 31, 2023 | $4.8B | +11.8% |
| Jun 30, 2023 | $5B | +11.2% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, continuing an upward trajectory. However, the year-over-year growth rate was lower than the prior year's same quarter.
Quarterly comparison
Compared to the prior quarter, revenue improved. When measured against the same quarter one year earlier, revenue was higher but the percentage increase was smaller.
What to watch
The deceleration in year-over-year revenue growth may warrant attention in future quarters.