Medtronic plc (MDT)

Medtronic Balance Sheet

Financials in millions USD. Fiscal year is May - April.

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 31, 2026	Apr 24, 2026	Apr 25, 2025	Apr 26, 2024	Apr 28, 2023	Apr 29, 2022
Cash & Equivalents	-	1,949	2,218	1,284	1,543	3,714
Short-Term Investments	-	7,271	6,747	6,721	6,416	6,859
Cash & Short-Term Investments	9,220	9,220	8,965	8,005	7,959	10,573
Cash Growth	13.53%	2.84%	11.99%	0.58%	-24.72%	-2.26%
Accounts Receivable	-	6,643	6,515	6,128	5,998	5,552
Other Receivables	-	-	-	-	-	2,098
Receivables	-	6,643	6,515	6,128	5,998	7,650
Inventory	-	5,951	5,476	5,217	5,293	4,616
Other Current Assets	-	1,813	1,808	1,755	1,540	695
Total Current Assets	-	24,787	23,814	21,935	21,675	27,702
Property, Plant & Equipment	-	8,614	7,937	7,143	6,610	6,267
Long-Term Investments	-	858	984	1,315	1,640	915
Goodwill	-	42,587	41,737	40,986	41,425	40,502
Other Intangible Assets	-	10,146	11,667	13,225	14,844	15,595
Long-Term Deferred Tax Assets	-	3,943	4,040	3,657	3,477	-
Other Long-Term Assets	-	2,093	1,501	1,720	1,277	-
Total Assets	-	93,028	91,680	89,981	90,948	90,981

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 31, 2026	Apr 24, 2026	Apr 25, 2025	Apr 26, 2024	Apr 28, 2023	Apr 29, 2022
Accounts Payable	-	2,644	2,449	2,410	2,662	2,276
Accrued Expenses	-	5,414	5,415	5,277	4,883	2,094
Short-Term Debt	-	22	13	1,086	13	12
Current Portion of Long-Term Debt	-	1,760	2,855	-	-	3,724
Current Portion of Leases	-	204	198	189	187	173
Current Income Taxes Payable	-	914	1,358	1,330	840	704
Current Unearned Revenue	-	405	354	352	314	305
Other Current Liabilities	-	295	237	145	152	1,535
Total Current Liabilities	-	11,658	12,879	10,789	9,051	10,823
Long-Term Debt	-	26,119	25,590	23,877	24,287	20,316
Long-Term Leases	-	1,044	970	895	926	759
Long-Term Unearned Revenue	-	94	92	101	91	94
Pension & Post-Retirement Benefits	-	495	510	465	478	1,099
Long-Term Deferred Tax Liabilities	-	362	403	515	708	884
Other Long-Term Liabilities	-	3,184	2,980	2,919	3,742	4,284
Total Liabilities	-	42,956	43,424	39,561	39,283	38,259

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 31, 2026	Apr 24, 2026	Apr 25, 2025	Apr 26, 2024	Apr 28, 2023	Apr 29, 2022
Additional Paid-In Capital	-	20,926	20,833	23,129	24,590	37,967
Retained Earnings	-	32,638	31,476	30,403	30,392	16,849
Comprehensive Income & Other	-	-4,101	-4,285	-3,318	-3,499	-2,265
Total Common Equity	49,463	49,463	48,024	50,214	51,483	52,551
Minority Interest	-	609	232	206	182	171
Shareholders' Equity	50,072	50,072	48,256	50,420	51,665	52,722
Total Liabilities & Equity	-	93,028	91,680	89,981	90,948	90,981

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 31, 2026	Apr 24, 2026	Apr 25, 2025	Apr 26, 2024	Apr 28, 2023	Apr 29, 2022
Total Debt	29,149	29,149	29,626	26,047	25,413	24,984
Net Cash (Debt)	-19,799	-19,799	-20,644	-18,014	-17,339	-14,347
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-15.38	-15.37	-16.00	-13.54	-13.01	-10.62
Filing Date Shares Outstanding	1,280	1,280	1,281	1,282	1,330	1,329
Total Common Shares Outstanding	1,280	1,280	1,282	1,311	1,331	1,331
Working Capital	-	13,129	10,935	11,146	12,624	16,879
Book Value Per Share	38.64	38.64	37.46	38.29	38.69	39.49
Tangible Book Value	-3,270	-3,270	-5,380	-3,997	-4,786	-3,546
Tangible Book Value Per Share	-2.55	-2.55	-4.20	-3.05	-3.60	-2.66
Land	-	170	160	159	162	170
Buildings	-	2,883	2,685	2,506	2,487	2,351
Machinery	-	7,972	7,156	6,397	6,707	6,490
Construction In Progress	-	2,435	2,340	2,119	1,754	1,737

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Sep 1, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 2, 2026

Data Sources Report a data error