Medtronic (MDT) Change in Inventory (2014 - 2026)

Medtronic has disclosed Change in Inventory across 13 years of filings, most recently posting $131.0 million for Q1 2026.

• Change in Inventory for Q1 2026 came in at $131.0 million, down 34.5% year-over-year; the trailing twelve-month figure through Jan 2026 was $617.0 million (up 609.2% YoY), and the FY2025 annual result was $292.0 million, up 110.07% from the prior year.
• Change in Inventory came in at $131.0 million for Q1 2026 at Medtronic, down from $299.0 million in the prior quarter.
• In the past five years, Change in Inventory ranged from a high of $410.0 million in Q3 2023 to a low of -$391.0 million in Q2 2024.
• The 5-year median for Change in Inventory is $201.0 million (2022), against an average of $151.6 million.
• Across the five-year window, Change in Inventory jumped 406.67% in 2022 and slumped 13133.33% in 2024, its largest moves.
• Medtronic's Change in Inventory stood at $404.0 million in 2022, then slumped by 49.01% to $206.0 million in 2023, then plunged by 70.39% to $61.0 million in 2024, then jumped by 390.16% to $299.0 million in 2025, then tumbled by 56.19% to $131.0 million in 2026.
• The last three Change in Inventory figures came in at $131.0 million (Q1 2026), $299.0 million (Q4 2025), and $373.0 million (Q3 2025), per Business Quant data.