Medtronic (MDT) Cash & Equivalents (2014 - 2026)
Medtronic's (MDT) quarterly Cash & Equivalents came in at $1.7 billion in Q3 2026, up 32.84% year-over-year from $1.3 billion in Q3 2025, and down 13.24% quarter-over-quarter from $1.9 billion in Q2 2026.
Analysis
Medtronic (MDT) Cash & Equivalents (2014 - 2026) Analysis & Trends
Medtronic has disclosed Cash & Equivalents across 13 years of filings, most recently posting $1.7 billion for Q3 2026.
- In Q3 2026, Cash & Equivalents rose 32.84% year-over-year to $1.7 billion; the TTM figure through Jul 2026 stood at $1.7 billion (up 32.84% YoY), while the FY2026 annual figure was $1.9 billion, down 12.13% from the prior year.
- Cash & Equivalents came in at $1.7 billion for Q3 2026 at Medtronic, down from $1.9 billion in the prior quarter.
- In the past five years, Cash & Equivalents ranged from a high of $4.8 billion in Q4 2022 to a low of $1.1 billion in Q1 2026.
- Average Cash & Equivalents over 5 years is $2.1 billion, with a median of $1.5 billion recorded in 2023.
- Year-over-year, Cash & Equivalents tumbled 72.85% in 2023 and surged 72.74% in 2025.
- Over 5 years, Cash & Equivalents stood at $4.8 billion in 2022, then plunged by 72.85% to $1.3 billion in 2023, then increased by 6.33% to $1.4 billion in 2024, then retreated by 8.03% to $1.3 billion in 2025, then soared by 31.9% to $1.7 billion in 2026.
- Per Business Quant data, the three most recent Cash & Equivalents figures were $1.7 billion in Q3 2026, $1.9 billion in Q2 2026, and $1.1 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 5.10 Bn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 2.76 Bn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 1.69 Bn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 3.39 Bn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 539.00 Mn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 2.91 Bn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 1.36 Bn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 1.11 Bn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 482.30 Mn |
| 10 | Zimmer Biomet Holdings | 18.20 Bn | 17.79 Bn | 1.54 Bn | 410.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.69 Bn |
| Apr 24, 2026 | 1.95 Bn |
| Jan 23, 2026 | 1.15 Bn |
| Oct 24, 2025 | 1.28 Bn |
| Jul 25, 2025 | 1.27 Bn |
| Apr 25, 2025 | 2.22 Bn |
| Jan 24, 2025 | 1.24 Bn |
| Oct 25, 2024 | 1.39 Bn |
| Jul 26, 2024 | 1.31 Bn |
| Apr 26, 2024 | 1.28 Bn |
| Jan 26, 2024 | 1.62 Bn |
| Oct 27, 2023 | 1.31 Bn |
| Jul 28, 2023 | 1.34 Bn |
| Apr 28, 2023 | 1.54 Bn |
| Jan 27, 2023 | 4.52 Bn |
| Oct 28, 2022 | 4.83 Bn |
| Jul 29, 2022 | 2.14 Bn |
| Apr 29, 2022 | 3.71 Bn |
| Jan 28, 2022 | 3.48 Bn |
| Oct 29, 2021 | 2.90 Bn |