Stryker Corp
SYKNYSESurgical & Medical Instruments & ApparatusFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 30, 2026Score 19/3024% below fair value
$306.81+14.95 (+5.12%)
Close on Nov 2, 2026Market cap $117.68BP/E 32.7Yield –
Stryker Adjusted Non-GAAP Operating Margin by Quarter
Adjusted Non-GAAP Operating Margin (%) (%)
Stryker Adjusted Non-GAAP Operating Margin: 26.2% in Q3 2026, up 0.6 pts from a year earlier.
Latest, Q3 2026
26.2%
Period ended Sep 30, 2026
Change on a year earlier
+0.6 pts
25.6% in Q3 2025
History
27 quarters
Since Q1 2020
Sources
27
Documents cited below
Where the Q3 2026 figure comes from
Reported in Stryker Form 8-K Non-GAAP Schedules & Form 10-Q MD&A Margin Bridges.
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
Breakdown
What makes up adjusted Non-GAAP Operating Margin
- Adjusted Non-GAAP Gross Margin (%)65.4% · Q3 2026
- Adjusted Non-GAAP Net Margin (%)20.8% · Q3 2026
- Adjusted R&D Expense (% of Net Sales)6.4% · Q3 2026
- Adjusted SG&A Expense (% of Net Sales)32.8% · Q3 2026
- Adjusted Effective Income Tax Rate (%)16.0% · Q3 2026
- MedSurg & Neurotechnology Segment Operating Margin (%)28.7% · Q3 2026
- Orthopaedics Segment Operating Margin (%)31.2% · Q3 2026
- Consolidated Gross Margin Bridge — Volume & Product Mix Impact (bps)60 · Q3 2026
- Consolidated Gross Margin Bridge — Manufacturing, Cost & Tariffs Impact (bps)-20 · Q3 2026
- MedSurg Segment Margin Bridge — Volume & Mix Impact (bps)70 · Q3 2026
- MedSurg Segment Margin Bridge — Manufacturing & Cost Impact (bps)50 · Q3 2026
- Orthopaedics Segment Margin Bridge — Volume & Mix Impact (bps)40 · Q3 2026
- Orthopaedics Segment Margin Bridge — Manufacturing & Cost Impact (bps)-70 · Q3 2026
Cite this data
StockData. (2026). Stryker Adjusted Non-GAAP Operating Margin (%), quarterly Q1 2020–Q3 2026 [Data set]. Compiled from Stryker SEC filings and investor materials. https://stockdatahq.com/stocks/syk/kpis/core-ng-opm
See every metric in the Stryker KPI table. Data updated Nov 2, 2026.