Stock Analysis on Net
Stock Analysis on Net

Stryker Corp. (NYSE:SYK)

This company has been moved to the archive! The financial data has not been updated since April 29, 2022.

Income Statement
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Stryker Corp., consolidated income statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Net sales 4,275 4,701 4,160 4,294 3,953 4,262 3,737 2,764 3,588 4,131 3,587 3,650 3,516 3,796 3,242 3,322 3,241 3,471 3,006 3,012 2,955
Cost of sales (1,541) (1,656) (1,518) (1,522) (1,444) (1,545) (1,276) (1,216) (1,257) (1,428) (1,257) (1,270) (1,233) (1,340) (1,087) (1,132) (1,104) (1,232) (1,024) (1,022) (993)
Gross profit 2,734 3,045 2,642 2,772 2,509 2,717 2,461 1,548 2,331 2,703 2,330 2,380 2,283 2,456 2,155 2,190 2,137 2,239 1,982 1,990 1,962
Research, development and engineering expenses (413) (331) (306) (310) (288) (255) (242) (233) (254) (254) (246) (246) (225) (221) (221) (216) (204) (205) (198) (192) (192)
Selling, general and administrative expenses (1,710) (1,745) (1,602) (1,505) (1,575) (1,562) (1,244) (1,225) (1,330) (1,380) (1,291) (1,282) (1,403) (1,431) (1,242) (1,190) (1,236) (1,217) (1,103) (1,130) (1,102)
Recall charges (14) (5) (16) (76) (6) (21) (2) — 6 (13) (49) (117) (13) (13) (4) (2) (4) (9) (66) (72) (26)
Amortization of intangible assets (150) (145) (144) (149) (181) (130) (114) (110) (118) (112) (116) (122) (114) (93) (112) (110) (102) (96) (92) (95) (88)
Operating expenses (2,287) (2,226) (2,068) (2,040) (2,050) (1,968) (1,602) (1,568) (1,696) (1,759) (1,702) (1,767) (1,755) (1,758) (1,579) (1,518) (1,546) (1,527) (1,459) (1,489) (1,408)
Operating income (loss) 447 819 574 732 459 749 859 (20) 635 944 628 613 528 698 576 672 591 712 523 501 554
Other income (expense), net (61) (62) (79) (70) (92) (78) (79) (67) (45) (8) (47) (48) (48) (41) (42) (49) (49) (63) (52) (57) (55)
Earnings (loss) before income taxes 386 757 495 662 367 671 780 (87) 590 936 581 565 480 657 534 623 542 649 471 444 499
Income taxes (63) (95) (57) (70) (65) (103) (159) 4 (97) (211) (115) (85) (68) 1,411 56 (171) (99) (898) (37) (53) (55)
Net earnings (loss) 323 662 438 592 302 568 621 (83) 493 725 466 480 412 2,068 590 452 443 (249) 434 391 444

Based on: 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Income statement item Description The company
Net sales Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Stryker Corp. net sales increased from Q3 2021 to Q4 2021 but then slightly decreased from Q4 2021 to Q1 2022 not reaching Q3 2021 level.
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Stryker Corp. operating income (loss) increased from Q3 2021 to Q4 2021 but then decreased significantly from Q4 2021 to Q1 2022.
Earnings (loss) before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Stryker Corp. earnings (loss) before income taxes increased from Q3 2021 to Q4 2021 but then decreased significantly from Q4 2021 to Q1 2022.
Net earnings (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Stryker Corp. net earnings (loss) increased from Q3 2021 to Q4 2021 but then decreased significantly from Q4 2021 to Q1 2022.