Stryker Corp. filed a Form 8-K on June 26, 2026, to report changes to its segment reporting following an organizational restructuring announced in the first quarter of 2026. The filing does not report a merger, financing, securities issuance, insider transaction, or change in control. Instead, it updates how the company presents historical financial information to align with its revised business structure. The Kalamazoo, Michigan-based medical technology company said it created a new “Ortho Tech” business that combines the orthopaedic instruments portfolio from its Instruments business with the Mako and enabling technologies portfolio from its Other Orthopaedics business. Stryker said the move brings together Mako, power tools, cutting accessories, enabling technologies, and related teams under one business, with the goal of simplifying the customer experience and increasing speed to market through more focused innovation. Despite the internal reorganization, Stryker will continue to report two business segments: MedSurg and Neurotechnology, and Orthopaedics. Each will remain a reportable segment. The key accounting effect is that prior-period financial statement presentation must be recast to reflect the updated segment structure when incorporated into future registration statements, proxy statements, or information statements. To address that requirement, Stryker filed recast consolidated financial statements covering each of the three years in the period ended December 31, 2025. The company emphasized that the updates are not a restatement of previously issued audited financial statements and do not amend the underlying financial results reported in its 2025 Annual Report. Rather, the changes are intended to present historical results under the new segment reporting framework. The filing was made under Item 8.01, “Other Events,” and Item 9.01, “Financial Statements and Exhibits.” Exhibit 99.1 contains the recast portions of Stryker’s Annual Report on Form 10-K for the year ended December 31, 2025, while Exhibit 23.1 provides the consent of the company’s independent registered public accounting firm. Stryker also included standard inline XBRL exhibits related to the filing. Stryker cautioned that the 8-K is presented for informational purposes only in connection with the segment reporting changes. It does not update management’s discussion and analysis or reflect developments after the filing of the 2025 Annual Report, except for the segment-related recast. The company pointed investors to its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, and other more recent filings for current information about subsequent events, risks, expectations, and developments. The report was signed by Preston W. Wells, Vice President and Chief Financial Officer, on June 26, 2026.
Stock detail
Stryker (SYK) stock price, chart, and key data
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Stock detail
Stryker
SYK · XNYS
+$25.32 (+8.24%) past day
$332.69
Overnight $332.71 (+0.01%)
Key metrics
Financials
Quarterly revenue, profitability, and balance-sheet snapshot
Dividend
Past Dividend Performance
$0.88
$0.88
$0.88
Annual Dividend Yield
1.06%
Dividend
$0.88 / Stock
Frequency
Quarterly Payment
Day range
$307.16 - $330.56
Close price
$318.97
Market cap
$122.3B
P/E ratio
38.51
About the company
Stryker Corporation
Stryker Corporation is an American multinational medical technologies corporation based in Portage, Michigan, United States. The company's products are used for medical surgery and neurotechnology, which include surgical equipment, patient and caregiver safety technologies, endoscopy systems, and patient handling, emergency medical equipment, and intensive care disposable products, as well as neurosurgical, neurovascular and oral and maxillofacial surgery implant products; and orthopedic surgery, which includes implants used in total joint replacements, such as hip, knee and shoulder, and trauma and extremities surgeries. Stryker's products are sold in over 75 countries and are used by 150 million patients annually. In 2024, 75% of the company's revenues came from the United States. The company is ranked 195th on the Fortune 500 and 331st on the Forbes Global 2000.
Analyst rating summary
A current read on analyst sentiment from the insight feed.
Mean target
$385
18
Buy
/ 22
Recent calls
07/14/2026
Bank of America Securities
Travis Steed
Buy · Price target $380
07/13/2026
RBC Capital
Shagun Singh Chadha
Buy · Price target $435
07/10/2026
BTIG
Ryan Zimmerman
Buy · Price target $371
Ticker holders
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Holder directory
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#1Ro Khanna
democrat · House · CA-17
- Sell$1,000 / $8,000 / $15,000
#2Thomas Kean
republican · House · NJ-7
- Sell$15,001 / $32,501 / $50,000
- Sell$15,001 / $32,501 / $50,000
#3Bill Hagerty
republican · Senate · TN
#4Gilbert Cisneros
democrat · House · CA-31
- Buy$1,001 / $8,001 / $15,000
- Buy$1,001 / $8,001 / $15,000
- Buy$1,001 / $8,001 / $15,000
#5Ro Khanna
democrat · House · CA-17
- Buy$15,001 / $32,501 / $50,000
- Buy$1,000 / $8,000 / $15,000
- Sell$1,000 / $8,000 / $15,000
#6Jared Moskowitz
democrat · House · FL-23
#7Donald J Trump
republican · Executive
#8Julia Letlow
republican · House · LA-5
- Sell$1,001 / $8,001 / $15,000
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