SYK · 10-Q · 2026Q3 · Full report

Acquisition / Partnership / Divestiture

STRYKER CORP · 2026-10-30 · Importance 34 · Surprise 42

Stryker completed the acquisition of AVS during the first nine months of 2026, and the period’s investing cash flows included the net cash consideration paid for the acquisition.,Nine-month investing activities used $1,011 million in cash, compared with $4,561 million in the prior-year period.,The filing also identifies the prior-year acquisition of Inari and the sale of the Spinal Implants business; the Spinal Implants sale generated a tax benefit that affected the nine-month effective tax-rate comparison.

Key facts

• In the first quarter of 2026, Stryker announced an organizational-structure change combining Orthopaedic Instruments from Instruments with Other Orthopaedics to form Ortho Tech, and combining Neuro Cranial and Enabling Technologies with the remaining Instruments business. source
• The prior-year nine-month investing cash flows included cash paid to acquire Inari, property, plant and equipment purchases, and proceeds from short-term investment sales. source
• Stryker's nine-month 2026 investing cash flows included net cash consideration paid to complete the acquisition of AVS. source