Medtronic (MDT) Amortization - Intangibles (2014 - 2026)
Medtronic (MDT) recorded Amortization - Intangibles of $412 million in fiscal Q1 2027 (quarter ended Jul 31, 2026), down 10.2% from $459 million a year earlier and down 5.5% from the prior quarter.
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Analysis
Medtronic (MDT) Amortization - Intangibles (2014 - 2026) Analysis & Trends
On a TTM basis, Medtronic's Amortization - Intangibles came in at $1.75 billion as of Jul 31, 2026, down 5.4% year-over-year; for FY2026 (ended Apr 24, 2026), it was $1.8 billion, down 0.4% from FY2025.
- Annual Amortization - Intangibles has a five-year compound annual growth rate of 0.0% (FY2021 to FY2026).
- Across earlier fiscal years, Amortization - Intangibles came in at $1.81 billion in FY2025 (+6.3%), $1.7 billion in FY2024 (unchanged), $1.7 billion in FY2023 (-1.9%) and $1.73 billion in FY2022 (-3.7%).
- The fiscal Q1 2027 figure is the lowest quarterly Amortization - Intangibles since fiscal Q4 2024.
- On a year-over-year basis, Amortization - Intangibles rose in four of the last eight quarters, with growth averaging 4.2%.
- Peak year-over-year performance for Amortization - Intangibles in the last five years was growth of 41.0% in fiscal Q4 2025, against a decline of 22.7% in fiscal Q4 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $436 million (Q4 2026), $441 million (Q3 2026) and $463 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn |
| 10 | Agilent Technologies | 48.58 Bn | 41.47 Bn | 1.04 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 412.00 Mn |
| Apr 24, 2026 | 436.00 Mn |
| Jan 23, 2026 | 441.00 Mn |
| Oct 24, 2025 | 463.00 Mn |
| Jul 25, 2025 | 459.00 Mn |
| Apr 25, 2025 | 564.00 Mn |
| Jan 24, 2025 | 416.00 Mn |
| Oct 25, 2024 | 413.00 Mn |
| Jul 26, 2024 | 414.00 Mn |
| Apr 26, 2024 | 400.00 Mn |
| Jan 26, 2024 | 419.00 Mn |
| Oct 27, 2023 | 425.00 Mn |
| Jul 28, 2023 | 429.00 Mn |
| Apr 28, 2023 | 400.00 Mn |
| Jan 27, 2023 | 431.00 Mn |
| Oct 28, 2022 | 421.00 Mn |
| Jul 29, 2022 | 423.00 Mn |
| Apr 29, 2022 | 433.00 Mn |
| Jan 28, 2022 | 432.00 Mn |
| Oct 29, 2021 | 431.00 Mn |
API Access
Medtronic Amortization - Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=amortization-intangibles&ticker=MDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "amortization-intangibles", "ticker": "MDT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=amortization-intangibles&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();