STRYKER CORP R&D Expense 2007-2025 | SYK
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What is r&d expense?
Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.
What is STRYKER CORP's current r&d expense?
STRYKER CORP (SYK) annual r&d expense for 2025 was $1.62B, a 10.71% increase from 2024. STRYKER CORP r&d expense for the quarter ending December 31, 2025 was $401.0M.
What was STRYKER CORP's r&d expense in 2024?
STRYKER CORP annual r&d expense for 2024 was $1.47B, a 5.62% increase from 2023.
What was STRYKER CORP's r&d expense in 2023?
STRYKER CORP annual r&d expense for 2023 was $1.39B, a 4.54% decline from 2022.
What is STRYKER CORP's 5-year r&d expense CAGR?
STRYKER CORP r&d expense grew at a compound annual growth rate (CAGR) of 10.53% from FY2020 to FY2025, going from $984.0M to $1.62B over 5 years.
R&D Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+10.5%
FY2020
$984.0M
→
FY2025
$1.62B
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5 years selected
R&D Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $1.62B | +10.7% | 10-K |
| FY2024 | $1.47B | +5.6% | 10-K |
| FY2023 | $1.39B | -4.5% | 10-K |
| FY2022 | $1.45B | +17.7% | 10-K |
| FY2021 | $1.24B | +25.5% | 10-K |
| FY2020 | $984.0M | +1.3% | 10-K |
| FY2019 | $971.0M | +12.6% | 10-K |
| FY2018 | $862.0M | +9.5% | 10-K |
| FY2017 | $787.0M | +10.1% | 10-K |
| FY2016 | $715.0M | +14.4% | 10-K |
| FY2015 | $625.0M | +1.8% | 10-K |
| FY2014 | $614.0M | +14.6% | 10-K |
| FY2013 | $536.0M | +13.8% | 10-K |
| FY2012 | $471.0M | +1.9% | 10-K |
| FY2011 | $462.0M | +17.3% | 10-K |
| FY2010 | $394.0M | +17.3% | 10-K |
| FY2009 | $336.0M | -8.6% | 10-K |
| FY2008 | $367.8M | -2.0% | 10-K |
| FY2007 | $375.3M | - | 10-K |
Company: STRYKER CORPTicker: SYKSector: HealthcareIndustry: Surgical & Medical Instruments & ApparatusView company profile →