SYK Q1 2023 Earnings — Stryker Corporation Revenue & Financial Results | Market Cap Arena

SYKStryker Corporation

$138B

Q1 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$4.8B+11.8% YoY

Gross Profit

$2.9B60.1% margin

Operating Income

$858M18.0% margin

Net Income

$592M12.4% margin

EPS (Diluted)

$1.54

QoQ Revenue Growth

-8.2%

Cash Flow

Operating Cash Flow

$445M

Free Cash Flow

$315M

Stock-Based Comp.

$74M

Balance Sheet

Total Assets

$36.8B

Total Liabilities

$19.9B

Stockholders' Equity

$16.9B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.8B	$4.3B	+11.8%
Gross Profit	$2.9B	$2.6B	+10.8%
Operating Income	$858M	$784M	+9.4%
Net Income	$592M	$323M	+83.3%

Revenue Segments

MedSurg

$2.7B56%

Orthopaedics and Spine

$2.1B44%

Geographic Segments

United States

$3.5B74%

Non-US

$1.3B26%