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
DateValue
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