Stryker reported second quarter 2026 revenue of $6.6 billion, up 9.4% year-over-year, and reported EPS of $3.30. Adjusted EPS of $3.69 increased 17.9% and surpassed analyst expectations of $3.46, as the company showed significant recovery from a cyber incident that impacted the prior quarter.
Key Highlights
- Organic net sales increased 9.0%, indicating a strong recovery from the prior quarter's cyber incident and surpassing the 8.75% consensus estimate.
- Both major segments posted robust results, with MedSurg and Neurotechnology organic sales up 9.2% and Orthopaedics organic sales growing 8.6%.
- Stryker narrowed its full-year 2026 outlook, now expecting organic sales growth of 8.3% to 9.3% and adjusted EPS between $14.95 and $15.10.