Share Stryker (SYK) Q3 2026 Earnings Review: Weaker sales growth forces an outlook cut
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StrykerSYK · Medical Devices
SYK · October 29, 2026After close · Since the same-day regular close
-12.75%Session snapshot

Stryker (SYK) Q3 2026 Earnings Review: Weaker sales growth forces an outlook cut

Earnings results

  • EPS miss

    Actual: $3.52 adjusted · Cons.: $3.55

  • Revenue miss

    Actual: $6.52B · Cons.: $6.62B

  • Guidance lowered

    2026 adjusted EPS $14.80–14.90 vs. $14.95–15.10.

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An operating theatre with surgical lights and medical equipment
Illustrative surgical-care scene photographed by Piotr Bodzek, MD. Photo: Piotr Bodzek, MD / Wikimedia Commons · CC BY-SA 3.0 · Wikimedia-supplied thumbnail; displayed with a responsive crop.
THE CATALYST

What the company reported

Stryker cut its annual growth and profit outlook after third-quarter results fell short, making a fourth-quarter recovery the key test for investors. The issuer lowered both organic sales growth and adjusted earnings guidance despite improved adjusted margins.

AT A GLANCE

Q3 2026 earnings recap

Stryker cut its annual growth and profit outlook after third-quarter results fell short, making a fourth-quarter recovery the key test for investors.

  • Adjusted profit per share rose 10.3% to $3.52 but missed the $3.55 forecast, while revenue of $6.52 billion missed the $6.62 billion forecast.
  • Full-year sales growth excluding currency and acquisitions is now expected at 6.5–7.0%, down from 8.3–9.3%, with adjusted profit per share cut to $14.8–14.90.
  • The adjusted operating margin improved to 26.2%, but higher impairment charges helped push reported profit per share down 11.7% to $1.96.
  • MedSurg and Neurotechnology sales grew 9.2%, outpacing Orthopaedics at 5.7%, leaving surgical-device demand central to the recovery.
  • Nine-month operating cash flow reached $3.3 billion, supporting $1 billion of quarterly buybacks and a new $3 billion repurchase authorization increase.
  • After-close selling reversed the pre-earnings rally above $309 putting the October support area around $275–279 back in focus.

The next test is whether fourth-quarter demand meets the lowered outlook, while pricing pressure, operating disruptions and acquisition costs remain risks.

THE VISUAL RESEARCH

Financials, technicals and earnings

Charts through Oct 29, 2026.

Financials
Technicals
Earnings & peers
WHAT TO WATCH

Technical setup and risks

The regular-session breakout preceded results; after-close selling reversed it, so watch the next regular close against October support and the reduced outlook.

AI-assisted earnings research with verified issuer results. Charts use the stated completed session. Educational information; investing involves risk.

EXPLORE COMPANY RESEARCH

Stryker: the full stock picture

Earnings history, financials, price action and peer comparisons — all below.
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EXPLORE THE COMPANY

Stryker (SYK)

Explore earnings, price action, financials and industry comparisons.

Symbol
SYK
Sector
Healthcare
Industry
Medical Devices
Instrument type
EQUITY

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EARNINGS & COMPANY RESEARCH

SYK earnings, valuation & price action

View in calendar ↗
NEXT EXPECTED REPORTOct 29 2026After close · ET
EPS ESTIMATE3.55
REVENUE ESTIMATE6.62B

Expected dates may change. Estimates use the source’s reporting currency. Quotes and research are snapshots, not live prices.

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SYK earnings previews and market catalysts

Earnings ahead: watch Amazon’s operating profit and Sandisk’s pricing power
2026-10-29 · Ahead of the October 29, 2026 evening earnings reports, watch the quality of Amazon’s profit, Sandisk’s pricing strength and Starbucks’ customer recovery. Intel, healthcare and waste-service results add tests of spending and costs.

Earnings ahead: Amazon’s AI spending and Intel’s recovery face a cash-flow test
2026-10-29 · Amazon and Intel lead the earnings reports expected after close on October 29, 2026. Watch whether cloud and chip growth generate cash, while Starbucks, Mondelez and Republic Services show how demand and costs are shaping profits.

All upcoming earnings catalysts →

02 / FINANCIALS

Stryker financials

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03 / WHAT COMES NEXT

Stryker event catalysts

Company earnings and scheduled market events that may change expectations.

2026-10-29

SYK earnings

Watch reported results, management’s outlook and the share-price reaction.

See earnings expectations ↑
2026-10-298:30 AM ET

Initial jobless claims

Use the multiweek trend to distinguish normal volatility from a sustained increase in layoffs.

Release schedule ↗Scheduled
2026-10-298:30 AM ET

PCE inflation & consumer spending

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Release schedule ↗Scheduled
2026-10-298:30 AM ET

Q3 GDP · advance estimate

Separate consumer demand from inventory and trade effects; revisions can change the growth picture.

Release schedule ↗Scheduled
2026-10-308:30 AM ET

Employment Cost Index

Persistent compensation pressure can affect margins and the inflation outlook.

Release schedule ↗Scheduled
2026-10-30Market close

Russell indexes · rank day

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Release schedule ↗Scheduled
2026-11-0210:00 AM ET

ISM manufacturing PMI

Watch new orders and prices paid for the balance between demand and inflation.

Release schedule ↗Scheduled
2026-11-0310:00 AM ET

JOLTS job openings

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Release schedule ↗Scheduled
2026-11-0410:00 AM ET

ISM services PMI

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04 / SIDE BY SIDE

Compare SYK with its peers

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05 / PEER ANALYSIS

Explore SYK alongside its peers

Medical Devices · 24 companies · Cached market data

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INDUSTRY COMPARISON

SYK industry peers

Medical Devices · Oct 16, 2026 · Closing-price performance

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