Smith & Nephew/£SN

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About Smith & Nephew

Smith & Nephew designs, manufactures, and markets orthopedic devices, sports medicine and arthroscopic technologies, and wound care solutions. Roughly 41% of the UK-based firm's revenue comes from orthopedic products, and another 30% is sports medicine and ENT. The remaining 29% of revenue is from the advanced wound therapy segment. Over half of Smith & Nephew's total revenue comes from the United States, just over 30% is from other developed markets, and emerging markets account for the remainder.

Ticker

£SN
Sector

Primary listing

LSE

Employees

17,000

Smith & Nephew Metrics

BasicAdvanced
£11B
30.03
£0.42
0.67
£0.29
2.26%

What the Analysts think about Smith & Nephew

Analyst ratings (Buy, Hold, Sell) for Smith & Nephew stock.

Bulls say / Bears say

First half 2025 revenue rose 4.7% on a reported basis (5.0% underlying) and operating profit jumped 30.6% to $429 million, illustrating strong top- and bottom-line momentum (Smith & Nephew Q2/H1 Results)
A $500 million share buyback programme was launched for H2 2025, underlining robust cash flow generation and a healthy balance sheet to support shareholder returns (Smith & Nephew Buyback RNS)
The US market delivered 8.7% underlying revenue growth in Q2 2025, demonstrating resilience and leadership in the firm’s largest geography (Smith & Nephew Q2/H1 Results)
China’s extension of the volume-based procurement (VBP) programme is expected to create a $25 million revenue headwind in Sports Medicine and a $15–20 million impact from tariffs in H2 2025, pressuring growth outside the US (Smith & Nephew Q2/H1 Results)
Proposed updates to US Medicare reimbursement for skin substitutes, shifting to a single payment, are anticipated to weigh on Advanced Wound Bioactives sales and profitability in 2026 (Smith & Nephew Q2/H1 Results)
Emerging Markets saw a 0.2% underlying revenue decline in Q2 2025, reflecting ongoing vulnerability to regional destocking and demand volatility (Smith & Nephew Q2/H1 Results)
Data summarised monthly by Lightyear AI. Last updated on 5 Nov 2025.

Smith & Nephew Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Smith & Nephew Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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