Medtronic plc (MDT)
NYSE: MDT · Real-Time Price · USD
84.22
+1.01 (1.21%)
At close: Jul 27, 2026, 4:00 PM EDT
84.31
+0.09 (0.11%)
After-hours: Jul 27, 2026, 7:45 PM EDT
Medtronic Income Statement
Financials in millions USD. Fiscal year is May - April.
Millions USD. Fiscal year is May - Apr.
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Apr '26 Apr 24, 2026 | Apr '25 Apr 25, 2025 | Apr '24 Apr 26, 2024 | Apr '23 Apr 28, 2023 | Apr '22 Apr 29, 2022 |
| 36,364 | 33,537 | 32,364 | 31,227 | 31,686 | |
Revenue Growth | 8.43% | 3.62% | 3.64% | -1.45% | 5.21% |
Cost of Revenue | 12,721 | 11,632 | 11,216 | 10,719 | 10,145 |
Gross Profit | 23,643 | 21,905 | 21,148 | 20,508 | 21,541 |
Selling, General & Admin | 11,784 | 10,849 | 10,736 | 10,415 | 10,292 |
Depreciation & Amortization Expenses | 1,772 | 1,807 | 1,693 | 1,698 | 1,733 |
Research & Development | 2,873 | 2,732 | 2,735 | 2,696 | 2,746 |
Other Operating Expenses | 748 | 561 | 839 | 214 | 1,017 |
Total Operating Expenses | 17,177 | 15,949 | 16,003 | 15,023 | 15,788 |
Operating Income | 6,467 | 5,955 | 5,144 | 5,485 | 5,752 |
Interest Expense | -715 | -729 | -719 | -636 | -553 |
Other Non-Operating Income (Expense) | 384 | 402 | 412 | 515 | 318 |
Total Non-Operating Income (Expense) | -331 | -327 | -307 | -121 | -235 |
Pretax Income | 6,136 | 5,628 | 4,837 | 5,364 | 5,517 |
Provision for Income Taxes | 1,299 | 936 | 1,133 | 1,580 | 456 |
Net Income | 4,837 | 4,691 | 3,705 | 3,784 | 5,062 |
Minority Interest in Earnings | 37 | 29 | 28 | 26 | 22 |
Net Income to Common | 4,801 | 4,662 | 3,676 | 3,758 | 5,039 |
Net Income Growth | 2.98% | 26.82% | -2.18% | -25.42% | 39.74% |
Shares Outstanding (Basic) | 1,282 | 1,286 | 1,328 | 1,330 | 1,342 |
Shares Outstanding (Diluted) | 1,288 | 1,290 | 1,330 | 1,333 | 1,351 |
Shares Change | -0.14% | -3.03% | -0.19% | -1.38% | -0.19% |
EPS (Basic) | 3.75 | 3.63 | 2.77 | 2.83 | 3.75 |
EPS (Diluted) | 3.73 | 3.61 | 2.76 | 2.82 | 3.73 |
EPS Growth | 3.32% | 30.80% | -2.13% | -24.40% | 40.23% |
Additional Metrics
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Apr '26 Apr 24, 2026 | Apr '25 Apr 25, 2025 | Apr '24 Apr 26, 2024 | Apr '23 Apr 28, 2023 | Apr '22 Apr 29, 2022 |
Free Cash Flow | 5,426 | 5,185 | 5,200 | 4,580 | 5,978 |
Free Cash Flow Growth | 4.65% | -0.29% | 13.54% | -23.39% | 22.38% |
Free Cash Flow Per Share | 4.21 | 4.02 | 3.91 | 3.44 | 4.42 |
Dividends Per Share | 2.840 | 2.800 | 2.760 | 2.720 | 2.520 |
Dividend Growth | 1.43% | 1.45% | 1.47% | 7.94% | 8.62% |
Gross Margin | 65.02% | 65.32% | 65.34% | 65.67% | 67.98% |
Operating Margin | 17.78% | 17.76% | 15.89% | 17.56% | 18.15% |
Profit Margin | 13.30% | 13.99% | 11.45% | 12.12% | 15.98% |
FCF Margin | 14.92% | 15.46% | 16.07% | 14.67% | 18.87% |
EBITDA | 9,425 | 8,816 | 7,791 | 8,182 | 8,459 |
EBITDA Margin | 25.92% | 26.29% | 24.07% | 26.20% | 26.70% |
EBIT | 6,467 | 5,955 | 5,144 | 5,485 | 5,752 |
EBIT Margin | 17.78% | 17.76% | 15.89% | 17.56% | 18.15% |
Effective Tax Rate | 21.17% | 16.63% | 23.42% | 29.46% | 8.27% |