Medtronic plc (MDT)
NYSE: MDT · Real-Time Price · USD
82.35
-0.94 (-1.13%)
At close: Jul 21, 2026, 4:00 PM EDT
82.06
-0.29 (-0.35%)
After-hours: Jul 21, 2026, 7:57 PM EDT
Medtronic Income Statement
Financials in millions USD. Fiscal year is May - April.
Millions USD. Fiscal year is May - Apr.
Fiscal Quarter | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Apr '26 Apr 24, 2026 | Jan '26 Jan 23, 2026 | Oct '25 Oct 24, 2025 | Jul '25 Jul 25, 2025 | Apr '25 Apr 25, 2025 | Jan '25 Jan 24, 2025 | Oct '24 Oct 25, 2024 | Jul '24 Jul 26, 2024 | Apr '24 Apr 26, 2024 | Jan '24 Jan 26, 2024 | Oct '23 Oct 27, 2023 | Jul '23 Jul 28, 2023 | Apr '23 Apr 28, 2023 | Jan '23 Jan 27, 2023 | Oct '22 Oct 28, 2022 | Jul '22 Jul 29, 2022 | Apr '22 Apr 29, 2022 | Jan '22 Jan 28, 2022 | Oct '21 Oct 29, 2021 | Jul '21 Jul 30, 2021 |
| 9,807 | 9,017 | 8,961 | 8,578 | 8,927 | 8,292 | 8,403 | 7,915 | 8,589 | 8,089 | 7,984 | 7,702 | 8,545 | 7,727 | 7,585 | 7,371 | 8,089 | 7,763 | 7,847 | 7,987 | |
Revenue Growth (YoY) | 9.86% | 8.74% | 6.64% | 8.38% | 3.94% | 2.51% | 5.25% | 2.77% | 0.52% | 4.69% | 5.26% | 4.49% | 5.64% | -0.46% | -3.34% | -7.71% | -1.21% | -0.15% | 2.61% | 22.75% |
Cost of Revenue | 3,398 | 3,261 | 3,061 | 3,001 | 3,147 | 2,779 | 2,946 | 2,761 | 3,044 | 2,782 | 2,761 | 2,628 | 2,979 | 2,689 | 2,535 | 2,516 | 2,591 | 2,459 | 2,497 | 2,598 |
Gross Profit | 6,409 | 5,756 | 5,900 | 5,577 | 5,780 | 5,513 | 5,457 | 5,154 | 5,545 | 5,307 | 5,223 | 5,074 | 5,566 | 5,038 | 5,050 | 4,855 | 5,498 | 5,304 | 5,350 | 5,389 |
Selling, General & Admin | 3,057 | 2,956 | 2,965 | 2,806 | 2,720 | 2,717 | 2,757 | 2,655 | 2,765 | 2,673 | 2,686 | 2,613 | 2,616 | 2,615 | 2,617 | 2,567 | 2,569 | 2,561 | 2,615 | 2,547 |
Depreciation & Amortization Expenses | 408 | 441 | 463 | 459 | 564 | 416 | 413 | 414 | 419 | 419 | 425 | 429 | 423 | 431 | 421 | 423 | 435 | 432 | 431 | 436 |
Research & Development | 671 | 722 | 754 | 726 | 684 | 675 | 697 | 676 | 675 | 695 | 698 | 668 | 641 | 688 | 676 | 692 | 652 | 668 | 676 | 750 |
Other Operating Expenses | 402 | 174 | 32 | 142 | 375 | 60 | -4 | 129 | 633 | 37 | 74 | 95 | 320 | -87 | -67 | 49 | 171 | -16 | 65 | 797 |
Total Operating Expenses | 4,538 | 4,293 | 4,214 | 4,133 | 4,343 | 3,868 | 3,863 | 3,874 | 4,492 | 3,824 | 3,883 | 3,805 | 4,000 | 3,647 | 3,647 | 3,731 | 3,827 | 3,645 | 3,787 | 4,530 |
Operating Income | 1,873 | 1,464 | 1,686 | 1,445 | 1,436 | 1,646 | 1,595 | 1,278 | 1,053 | 1,483 | 1,340 | 1,268 | 1,565 | 1,392 | 1,404 | 1,125 | 1,671 | 1,659 | 1,563 | 859 |
Interest Expense | -176 | -181 | -181 | -176 | -174 | -179 | -209 | -167 | -202 | -188 | -180 | -148 | -187 | -167 | -118 | -164 | -143 | -137 | -136 | -137 |
Other Non-Operating Income (Expense) | - | 121 | 92 | 33 | - | 72 | 173 | 157 | - | 177 | 154 | 76 | 173 | 149 | 109 | 83 | 74 | 67 | 66 | 111 |
Total Non-Operating Income (Expense) | -176 | -60 | -89 | -143 | -174 | -107 | -36 | -10 | -202 | -11 | -26 | -72 | -14 | -18 | -9 | -81 | -69 | -70 | -70 | -26 |
Pretax Income | 1,834 | 1,404 | 1,597 | 1,302 | 1,261 | 1,540 | 1,559 | 1,268 | 855 | 1,472 | 1,313 | 1,196 | 1,551 | 1,375 | 1,395 | 1,044 | 1,602 | 1,589 | 1,493 | 833 |
Provision for Income Taxes | 575 | 254 | 215 | 255 | 199 | 237 | 281 | 220 | 197 | 135 | 402 | 400 | 362 | 146 | 959 | 112 | 110 | 106 | 176 | 64 |
Net Income | 1,259 | 1,150 | 1,381 | 1,047 | 1,061 | 1,303 | 1,278 | 1,049 | 660 | 1,337 | 911 | 797 | 1,189 | 1,229 | 435 | 931 | 1,492 | 1,483 | 1,317 | 769 |
Minority Interest in Earnings | 16 | 6 | 7 | 7 | 5 | 9 | 9 | 6 | 5 | 15 | 2 | 6 | 9 | 6 | 8 | 2 | 6 | 4 | 6 | 6 |
Net Income to Common | 1,244 | 1,143 | 1,374 | 1,040 | 1,056 | 1,294 | 1,270 | 1,042 | 654 | 1,322 | 909 | 791 | 1,179 | 1,222 | 427 | 929 | 1,485 | 1,480 | 1,311 | 763 |
Net Income Growth | 17.80% | -11.67% | 8.19% | -0.19% | 61.47% | -2.12% | 39.71% | 31.73% | -44.53% | 8.18% | 112.88% | -14.85% | -20.61% | -17.43% | -67.43% | 21.76% | 9.19% | 16.54% | 168.10% | 56.67% |
Shares Outstanding (Basic) | 1,282 | 1,283 | 1,282 | 1,282 | 1,282 | 1,282 | 1,282 | 1,293 | 1,322 | 1,330 | 1,330 | 1,331 | 1,330 | 1,330 | 1,329 | 1,329 | 1,338 | 1,344 | 1,345 | 1,345 |
Shares Outstanding (Diluted) | 1,288 | 1,290 | 1,288 | 1,287 | 1,288 | 1,286 | 1,287 | 1,297 | 1,325 | 1,332 | 1,332 | 1,334 | 1,333 | 1,332 | 1,332 | 1,335 | 1,345 | 1,350 | 1,355 | 1,356 |
Shares Change (YoY) | 0.04% | 0.26% | 0.08% | -0.73% | -2.84% | -3.42% | -3.38% | -2.80% | -0.56% | -0.02% | -0.01% | -0.05% | -0.90% | -1.35% | -1.72% | -1.62% | -0.99% | -0.42% | 0.24% | 0.47% |
EPS (Basic) | 0.97 | 0.89 | 1.07 | 0.81 | 0.82 | 1.01 | 0.99 | 0.81 | 0.49 | 0.99 | 0.68 | 0.59 | 0.89 | 0.92 | 0.32 | 0.70 | 1.11 | 1.10 | 0.97 | 0.57 |
EPS (Diluted) | 0.96 | 0.89 | 1.07 | 0.81 | 0.82 | 1.01 | 0.99 | 0.80 | 0.49 | 0.99 | 0.68 | 0.59 | 0.88 | 0.92 | 0.32 | 0.70 | 1.10 | 1.10 | 0.97 | 0.56 |
EPS Growth | 17.07% | -11.88% | 8.08% | 1.25% | 67.35% | 2.02% | 45.59% | 35.59% | -44.32% | 7.61% | 112.50% | -15.71% | -20.00% | -16.36% | -67.01% | 25.00% | 10.00% | 17.02% | 169.44% | 55.56% |
Free Cash Flow | 2,085 | 2,300 | 457 | 584 | 2,069 | 2,096 | 554 | 466 | 2,351 | 2,128 | 200 | 521 | 2,082 | 1,242 | 599 | 657 | 1,668 | 1,898 | 1,498 | 914 |
Free Cash Flow Growth | 0.77% | 9.73% | -17.51% | 25.32% | -12.00% | -1.50% | 177.00% | -10.56% | 12.92% | 71.34% | -66.61% | -20.70% | 24.82% | -34.56% | -60.01% | -28.12% | 21.93% | -4.77% | -5.19% | - |
Free Cash Flow Per Share | 1.62 | 1.78 | 0.35 | 0.45 | 1.61 | 1.63 | 0.43 | 0.36 | 1.77 | 1.60 | 0.15 | 0.39 | 1.56 | 0.93 | 0.45 | 0.49 | 1.24 | 1.41 | 1.11 | 0.67 |
Dividends Per Share | 0.710 | 0.710 | 0.710 | 0.710 | 0.700 | 0.700 | 0.700 | 0.700 | 0.690 | 0.690 | 0.690 | 0.690 | 0.680 | 0.680 | 0.680 | 0.680 | 0.630 | 0.630 | 0.630 | 0.630 |
Dividend Growth | 1.43% | 1.43% | 1.43% | 1.43% | 1.45% | 1.45% | 1.45% | 1.45% | 1.47% | 1.47% | 1.47% | 1.47% | 7.94% | 7.94% | 7.94% | 7.94% | 8.62% | 8.62% | 8.62% | 8.62% |
Gross Margin | 65.35% | 63.83% | 65.84% | 65.02% | 64.75% | 66.49% | 64.94% | 65.12% | 64.56% | 65.61% | 65.42% | 65.88% | 65.14% | 65.20% | 66.58% | 65.87% | 67.97% | 68.32% | 68.18% | 67.47% |
Operating Margin | 19.10% | 16.24% | 18.81% | 16.85% | 16.09% | 19.85% | 18.98% | 16.15% | 12.26% | 18.33% | 16.78% | 16.46% | 18.31% | 18.01% | 18.51% | 15.26% | 20.66% | 21.37% | 19.92% | 10.76% |
Profit Margin | 12.84% | 12.75% | 15.41% | 12.21% | 11.89% | 15.71% | 15.21% | 13.25% | 7.68% | 16.53% | 11.41% | 10.35% | 13.91% | 15.91% | 5.73% | 12.63% | 18.44% | 19.10% | 16.78% | 9.63% |
FCF Margin | 21.26% | 25.51% | 5.10% | 6.81% | 23.18% | 25.28% | 6.59% | 5.89% | 27.37% | 26.31% | 2.51% | 6.76% | 24.37% | 16.07% | 7.90% | 8.91% | 20.62% | 24.45% | 19.09% | 11.44% |
EBITDA | 2,589 | 2,213 | 2,431 | 2,193 | 2,276 | 2,330 | 2,270 | 1,940 | 1,707 | 2,132 | 2,012 | 1,940 | 2,244 | 2,071 | 2,075 | 1,793 | 2,359 | 2,331 | 2,239 | 1,530 |
EBITDA Margin | 26.40% | 24.54% | 27.13% | 25.57% | 25.50% | 28.10% | 27.01% | 24.51% | 19.87% | 26.36% | 25.20% | 25.19% | 26.26% | 26.80% | 27.36% | 24.33% | 29.16% | 30.03% | 28.53% | 19.16% |
EBIT | 1,873 | 1,464 | 1,686 | 1,445 | 1,436 | 1,646 | 1,595 | 1,278 | 1,053 | 1,483 | 1,340 | 1,268 | 1,565 | 1,392 | 1,404 | 1,125 | 1,671 | 1,659 | 1,563 | 859 |
EBIT Margin | 19.10% | 16.24% | 18.81% | 16.85% | 16.09% | 19.85% | 18.98% | 16.15% | 12.26% | 18.33% | 16.78% | 16.46% | 18.31% | 18.01% | 18.51% | 15.26% | 20.66% | 21.37% | 19.92% | 10.76% |
Effective Tax Rate | 31.35% | 18.09% | 13.46% | 19.59% | 15.78% | 15.39% | 18.02% | 17.35% | 23.04% | 9.17% | 30.62% | 33.44% | 23.34% | 10.62% | 68.75% | 10.73% | 6.87% | 6.67% | 11.79% | 7.68% |