Stryker's revenue hits $6.4B in Q4: 7 notes

Spinal Tech

Stryker's net sales grew to $6.4 billion in the fourth quarter of 2024, and full-year revenue increased, according to financial results posted Jan. 28.

Seven things to know:

1. Net sales grew 10.7% increase year over year in the first quarter, according to a news release.

2. Orthopedic sales were $2.5 billion for the fourth quarter, a 10.8% increase year over year.

3. MedSurg and neurotechnology sales were $3.9 billion during the fourth quarter, a 10.6% increase year over year.

4. Stryker's fourth quarter net earnings decreased 52.2% year over year with $500 million. 

5. Stryker expects 2025 revenue to grow 8% to 9%. 

6. Full year sales for 2024 were $22.6 billion, an increase of 10.2% compared to 2023. Full year net earnings of $3 billion represents a 5.4% decrease from 2023.

7. Stryker is planning to sell its U.S. spine implants business to an investment firm, the company said Jan. 28. The move also includes a binding offer to sell off Stryker's spine implants business in France.

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