Medtronic (MDT) Capital Expenditures (2014 - 2026)
Medtronic (MDT) reported Capital Expenditures of $488.0 million for Q2 2026, up 6.32% on a YoY basis from $459.0 million in Q2 2025, and up 9.91% sequentially from $444.0 million in Q1 2026.
Medtronic (MDT) Capital Expenditures (2014 - 2026) Analysis & Trends
Medtronic (MDT) has 13 years of Capital Expenditures data on file, last reported at $488.0 million in Q2 2026.
- For the quarter ending Q2 2026, Capital Expenditures rose 6.32% year-over-year to $488.0 million; the trailing twelve-month figure through Apr 2026 stood at $1.9 billion (up 2.42% YoY), and the FY2026 full-year result was $1.9 billion, up 2.42% from the prior year.
- Capital Expenditures climbed to $488.0 million in Q2 2026, from $444.0 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $520.0 million in Q3 2024 to a low of $323.0 million in Q4 2022.
- A 5-year average of $418.2 million and a median of $426.0 million in 2022 frame the typical range for Capital Expenditures.
- Across the five-year window, Capital Expenditures dropped 16.9% in 2023 and surged 46.89% in 2024, its largest moves.
- Tracing MDT's Capital Expenditures over 5 years: stood at $323.0 million in 2022, then soared by 42.72% to $461.0 million in 2023, then dropped by 12.36% to $404.0 million in 2024, then rose by 15.84% to $468.0 million in 2025, then grew by 4.27% to $488.0 million in 2026.
- Business Quant data shows MDT's Capital Expenditures at $488.0 million in Q2 2026, $444.0 million in Q1 2026, and $468.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 399.00 Mn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 166.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 488.00 Mn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 177.00 Mn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 64.90 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 76.60 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -85.46 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 178.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | 90.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | 488.00 Mn |
| Apr 24, 2026 | 488.00 Mn |
| Jan 23, 2026 | 444.00 Mn |
| Jan 23, 2026 | 444.00 Mn |
| Oct 24, 2025 | 468.00 Mn |
| Oct 24, 2025 | 468.00 Mn |
| Jul 25, 2025 | 504.00 Mn |
| Jul 25, 2025 | 504.00 Mn |
| Apr 25, 2025 | 459.00 Mn |
| Apr 25, 2025 | 459.00 Mn |
| Jan 24, 2025 | 476.00 Mn |
| Jan 24, 2025 | 476.00 Mn |
| Oct 25, 2024 | 404.00 Mn |
| Oct 25, 2024 | 404.00 Mn |
| Jul 26, 2024 | 520.00 Mn |
| Jul 26, 2024 | 520.00 Mn |
| Apr 26, 2024 | 426.00 Mn |
| Apr 26, 2024 | 426.00 Mn |
| Jan 26, 2024 | 346.00 Mn |
| Jan 26, 2024 | 346.00 Mn |