Medtronic (MDT) Cash from Operations (2014 - 2026)
Medtronic's (MDT) quarterly Cash from Operations came in at $1.8 billion in Q3 2026, up 64.8% year-over-year from $1.1 billion in Q3 2025, and down 30.31% quarter-over-quarter from $2.6 billion in Q2 2026.
Analysis
Medtronic (MDT) Cash from Operations (2014 - 2026) Analysis & Trends
Medtronic has disclosed Cash from Operations across 13 years of filings, most recently posting $1.8 billion for Q3 2026.
- In Q3 2026, Cash from Operations rose 64.8% year-over-year to $1.8 billion; the TTM figure through Jul 2026 stood at $8.0 billion (up 12.44% YoY), while the FY2026 annual figure was $7.3 billion, up 4.06% from the prior year.
- Cash from Operations came in at $1.8 billion for Q3 2026 at Medtronic, down from $2.6 billion in the prior quarter.
- In the past five years, Cash from Operations ranged from a high of $2.8 billion in Q2 2024 to a low of $661.0 million in Q4 2023.
- Average Cash from Operations over 5 years is $1.8 billion, with a median of $1.8 billion recorded in 2026.
- Year-over-year, Cash from Operations slumped 47.88% in 2022 and jumped 64.8% in 2026.
- Over 5 years, Cash from Operations stood at $922.0 million in 2022, then fell by 28.31% to $661.0 million in 2023, then jumped by 44.93% to $958.0 million in 2024, then retreated by 3.44% to $925.0 million in 2025, then soared by 93.84% to $1.8 billion in 2026.
- Per Business Quant data, the three most recent Cash from Operations figures were $1.8 billion in Q3 2026, $2.6 billion in Q2 2026, and $2.7 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 2.49 Bn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 1.06 Bn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 1.79 Bn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 1.26 Bn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 1.47 Bn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 651.90 Mn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 510.00 Mn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 269.20 Mn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 367.10 Mn |
| 10 | Zimmer Biomet Holdings | 18.20 Bn | 17.79 Bn | 1.54 Bn | 447.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.79 Bn |
| Apr 24, 2026 | 2.57 Bn |
| Jan 23, 2026 | 2.74 Bn |
| Oct 24, 2025 | 925.00 Mn |
| Jul 25, 2025 | 1.09 Bn |
| Apr 25, 2025 | 2.53 Bn |
| Jan 24, 2025 | 2.57 Bn |
| Oct 25, 2024 | 958.00 Mn |
| Jul 26, 2024 | 986.00 Mn |
| Apr 26, 2024 | 2.78 Bn |
| Jan 26, 2024 | 2.47 Bn |
| Oct 27, 2023 | 661.00 Mn |
| Jul 28, 2023 | 875.00 Mn |
| Apr 28, 2023 | 2.46 Bn |
| Jan 27, 2023 | 1.57 Bn |
| Oct 28, 2022 | 922.00 Mn |
| Jul 29, 2022 | 1.08 Bn |
| Apr 29, 2022 | 2.06 Bn |
| Jan 28, 2022 | 2.23 Bn |
| Oct 29, 2021 | 1.77 Bn |