# STRYKER CORP (SYK) FY2024 Annual P&L / Income Statement - Company: STRYKER CORP (SYK) - Period: 2024-01-01 to 2024-12-31 - Filing: FY2024 10-K, filed 2025-02-12, accession number 0000310764-25-000023 - Page: https://plicit.ai/financials/syk/fy2024-annual-income-statement - Chart image: https://plicit.ai/charts/syk-fy2024-annual-income-statement-sankey.png ## Chart details: Revenue by Product and Service Income statement for 2024-01-01 through 2024-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 22,595,000,000 US dollars - **Cost of sales**: 8,155,000,000 US dollars - **Gross profit**: 14,440,000,000 US dollars - **Total operating expenses**: 10,751,000,000 US dollars - **Operating income**: 3,689,000,000 US dollars - **Other income (expense), net**: negative 197,000,000 US dollars - **Earnings before income taxes**: 3,492,000,000 US dollars - **Income taxes**: 499,000,000 US dollars - **Net earnings**: 2,993,000,000 US dollars - **Neuro Cranial - Interventional Spine**: 413,000,000 US dollars - **Other Orthopedics - Enabling Technologies**: 152,000,000 US dollars - **Undisclosed (calculated)**: 22,030,000,000 US dollars - **Amortization of intangible assets**: 623,000,000 US dollars - **Selling, general and administrative expenses**: 7,685,000,000 US dollars - **Research, development and engineering expenses**: 1,466,000,000 US dollars - **Goodwill and other impairments**: 977,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Geography (2 categories) - Page: https://plicit.ai/financials/syk/fy2024-annual-income-statement/revenue-by-geography-2-categories - Chart image: https://plicit.ai/charts/syk-fy2024-annual-revenue-by-geography-2-categories-sankey.png Income statement for 2024-01-01 through 2024-12-31. View: Geography (2 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 22,595,000,000 US dollars - **Cost of sales**: 8,155,000,000 US dollars - **Gross profit**: 14,440,000,000 US dollars - **Total operating expenses**: 10,751,000,000 US dollars - **Operating income**: 3,689,000,000 US dollars - **Other income (expense), net**: negative 197,000,000 US dollars - **Earnings before income taxes**: 3,492,000,000 US dollars - **Income taxes**: 499,000,000 US dollars - **Net earnings**: 2,993,000,000 US dollars - **UNITED STATES**: 16,943,000,000 US dollars - **International**: 5,652,000,000 US dollars - **Amortization of intangible assets**: 623,000,000 US dollars - **Selling, general and administrative expenses**: 7,685,000,000 US dollars - **Research, development and engineering expenses**: 1,466,000,000 US dollars - **Goodwill and other impairments**: 977,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment - Page: https://plicit.ai/financials/syk/fy2024-annual-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/syk-fy2024-annual-revenue-by-business-segment-sankey.png Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 22,595,000,000 US dollars - **Cost of sales**: 8,155,000,000 US dollars - **Gross profit**: 14,440,000,000 US dollars - **Total operating expenses**: 10,751,000,000 US dollars - **Operating income**: 3,689,000,000 US dollars - **Other income (expense), net**: negative 197,000,000 US dollars - **Earnings before income taxes**: 3,492,000,000 US dollars - **Income taxes**: 499,000,000 US dollars - **Net earnings**: 2,993,000,000 US dollars - **MedSurg and Neurotechnology**: 13,518,000,000 US dollars - **Orthopaedics**: 9,077,000,000 US dollars - **Amortization of intangible assets**: 623,000,000 US dollars - **Selling, general and administrative expenses**: 7,685,000,000 US dollars - **Research, development and engineering expenses**: 1,466,000,000 US dollars - **Goodwill and other impairments**: 977,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment by Product and Service - Page: https://plicit.ai/financials/syk/fy2024-annual-income-statement/revenue-by-business-segment-by-product-and-service - Chart image: https://plicit.ai/charts/syk-fy2024-annual-revenue-by-business-segment-by-product-and-service-sankey.png Income statement for 2024-01-01 through 2024-12-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 22,595,000,000 US dollars - **Cost of sales**: 8,155,000,000 US dollars - **Gross profit**: 14,440,000,000 US dollars - **Total operating expenses**: 10,751,000,000 US dollars - **Operating income**: 3,689,000,000 US dollars - **Other income (expense), net**: negative 197,000,000 US dollars - **Earnings before income taxes**: 3,492,000,000 US dollars - **Income taxes**: 499,000,000 US dollars - **Net earnings**: 2,993,000,000 US dollars - **MedSurg and Neurotechnology - Endoscopy**: 3,389,000,000 US dollars - **MedSurg and Neurotechnology - Instruments**: 2,834,000,000 US dollars - **MedSurg and Neurotechnology - Medical**: 3,852,000,000 US dollars - **MedSurg and Neurotechnology - Neuro Cranial**: 2,136,000,000 US dollars - **MedSurg and Neurotechnology - Neurovascular**: 1,307,000,000 US dollars - **Orthopaedics - Hips**: 1,704,000,000 US dollars - **Orthopaedics - Knees**: 2,447,000,000 US dollars - **Orthopaedics - Other**: 712,000,000 US dollars - **Orthopaedics - Spine**: 707,000,000 US dollars - **Orthopaedics - Trauma and Extremities**: 3,507,000,000 US dollars - **Amortization of intangible assets**: 623,000,000 US dollars - **Selling, general and administrative expenses**: 7,685,000,000 US dollars - **Research, development and engineering expenses**: 1,466,000,000 US dollars - **Goodwill and other impairments**: 977,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Geography (4 categories) - Page: https://plicit.ai/financials/syk/fy2024-annual-income-statement/revenue-by-geography-4-categories - Chart image: https://plicit.ai/charts/syk-fy2024-annual-revenue-by-geography-4-categories-sankey.png Income statement for 2024-01-01 through 2024-12-31. View: Geography (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 22,595,000,000 US dollars - **Cost of sales**: 8,155,000,000 US dollars - **Gross profit**: 14,440,000,000 US dollars - **Total operating expenses**: 10,751,000,000 US dollars - **Operating income**: 3,689,000,000 US dollars - **Other income (expense), net**: negative 197,000,000 US dollars - **Earnings before income taxes**: 3,492,000,000 US dollars - **Income taxes**: 499,000,000 US dollars - **Net earnings**: 2,993,000,000 US dollars - **UNITED STATES**: 16,943,000,000 US dollars - **Europe, Middle East, Africa**: 2,897,000,000 US dollars - **Asia Pacific**: 2,020,000,000 US dollars - **Other foreign countries**: 735,000,000 US dollars - **Amortization of intangible assets**: 623,000,000 US dollars - **Selling, general and administrative expenses**: 7,685,000,000 US dollars - **Research, development and engineering expenses**: 1,466,000,000 US dollars - **Goodwill and other impairments**: 977,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment by Geography - Page: https://plicit.ai/financials/syk/fy2024-annual-income-statement/revenue-by-business-segment-by-geography - Chart image: https://plicit.ai/charts/syk-fy2024-annual-revenue-by-business-segment-by-geography-sankey.png Income statement for 2024-01-01 through 2024-12-31. View: Segments by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 22,595,000,000 US dollars - **Cost of sales**: 8,155,000,000 US dollars - **Gross profit**: 14,440,000,000 US dollars - **Total operating expenses**: 10,751,000,000 US dollars - **Operating income**: 3,689,000,000 US dollars - **Other income (expense), net**: negative 197,000,000 US dollars - **Earnings before income taxes**: 3,492,000,000 US dollars - **Income taxes**: 499,000,000 US dollars - **Net earnings**: 2,993,000,000 US dollars - **MedSurg and Neurotechnology - UNITED STATES**: 10,517,000,000 US dollars - **MedSurg and Neurotechnology - International**: 3,001,000,000 US dollars - **Orthopaedics - UNITED STATES**: 6,426,000,000 US dollars - **Orthopaedics - International**: 2,651,000,000 US dollars - **Amortization of intangible assets**: 623,000,000 US dollars - **Selling, general and administrative expenses**: 7,685,000,000 US dollars - **Research, development and engineering expenses**: 1,466,000,000 US dollars - **Goodwill and other impairments**: 977,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.