Stryker (SYK) Revenue — Quarter Ended Jun 30, 2024
Revenue increased in the current quarter compared to the prior quarter. The year-over-year growth rate was also positive.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased in the current quarter compared to the prior quarter. The year-over-year growth rate was also positive.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.4B
Revenue reported for this quarter.
Quarter-over-quarter
+3.4%
Change from the immediately preceding quarter.
Year-over-year
+8.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$21.4B
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, 2023 | $4.9B | +9.6% |
| Dec 31, 2023 | $5.8B | +11.8% |
| Mar 31, 2024 | $5.2B | +9.7% |
| Jun 30, 2024 | $5.4B | +8.5% |
Revenue performance
The reported revenue reflects a sequential increase from the immediately preceding quarter. The trailing twelve-month revenue reached a new high.
Quarterly comparison
Compared to the same quarter one year earlier, revenue showed a solid increase. The growth rate was lower than the prior quarter's year-over-year comparison.
What to watch
The filing notes ongoing macroeconomic pressures including inflation and supply chain disruptions.