Medtronic (MDT) Change in Inventory (2014 - 2026)
Medtronic recorded quarterly Change in Inventory of $131.0 million in Q1 2026, down 56.19% quarter-over-quarter from $299.0 million in Q4 2025, and down 34.5% year-over-year from $200.0 million in Q1 2025.
Medtronic's Change in Inventory history runs 13 years deep, the most recent figure standing at $131.0 million for Q1 2026.
- In Q1 2026, Change in Inventory fell 34.5% year-over-year to $131.0 million; the TTM figure through Jan 2026 stood at $617.0 million (up 609.2% YoY), while the FY2025 annual figure 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.
- A 5-year average of $151.6 million and a median of $201.0 million in 2022 frame the typical range for Change in Inventory.
- Across the five-year window, Change in Inventory surged 406.67% in 2022 and sank 13133.33% in 2024, its largest moves.
- Medtronic's Change in Inventory stood at $404.0 million in 2022, then sank by 49.01% to $206.0 million in 2023, then tumbled by 70.39% to $61.0 million in 2024, then surged by 390.16% to $299.0 million in 2025, then slumped by 56.19% to $131.0 million in 2026.
- According to Business Quant data, Change in Inventory over the past three periods registered $131.0 million, $299.0 million, and $373.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 420.00 Mn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 127.00 Mn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 131.00 Mn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 177.00 Mn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 1.60 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -264.59 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 65.20 Mn |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 171.00 Mn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | -38.50 Mn |
| 10 | Zimmer Biomet Holdings | 16.17 Bn | 15.75 Bn | 1.51 Bn | 20.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 23, 2026 | 131.00 Mn |
| Jan 23, 2026 | 131.00 Mn |
| Oct 24, 2025 | 299.00 Mn |
| Oct 24, 2025 | 299.00 Mn |
| Jul 25, 2025 | 373.00 Mn |
| Jul 25, 2025 | 373.00 Mn |
| Apr 25, 2025 | -186.00 Mn |
| Apr 25, 2025 | -186.00 Mn |
| Jan 24, 2025 | 200.00 Mn |
| Jan 24, 2025 | 200.00 Mn |
| Oct 25, 2024 | 61.00 Mn |
| Oct 25, 2024 | 61.00 Mn |
| Jul 26, 2024 | 217.00 Mn |
| Jul 26, 2024 | 217.00 Mn |
| Apr 26, 2024 | -391.00 Mn |
| Apr 26, 2024 | -391.00 Mn |
| Jan 26, 2024 | -86.00 Mn |
| Jan 26, 2024 | -86.00 Mn |
| Oct 27, 2023 | 206.00 Mn |
| Oct 27, 2023 | 206.00 Mn |
| Jul 28, 2023 | 410.00 Mn |
| Jul 28, 2023 | 410.00 Mn |
| Apr 28, 2023 | 3.00 Mn |
| Apr 28, 2023 | 3.00 Mn |
| Jan 27, 2023 | 152.00 Mn |
| Jan 27, 2023 | 152.00 Mn |
| Oct 28, 2022 | 404.00 Mn |
| Oct 28, 2022 | 404.00 Mn |
| Jul 29, 2022 | 380.00 Mn |
| Jul 29, 2022 | 380.00 Mn |
| Apr 29, 2022 | 201.00 Mn |
| Apr 29, 2022 | 201.00 Mn |
| Jan 28, 2022 | 203.00 Mn |
| Jan 28, 2022 | 203.00 Mn |
| Oct 29, 2021 | 81.00 Mn |
| Oct 29, 2021 | 81.00 Mn |
| Jul 30, 2021 | 75.00 Mn |
| Jul 30, 2021 | 75.00 Mn |
| Apr 30, 2021 | -153.00 Mn |
| Apr 30, 2021 | -153.00 Mn |
| Jan 29, 2021 | -70.00 Mn |
| Jan 29, 2021 | -70.00 Mn |
| Oct 30, 2020 | -90.00 Mn |
| Oct 30, 2020 | -90.00 Mn |
| Jul 31, 2020 | 235.00 Mn |
| Jul 31, 2020 | 235.00 Mn |
| Apr 24, 2020 | 231.00 Mn |
| Apr 24, 2020 | 231.00 Mn |
| Jan 24, 2020 | 79.00 Mn |
| Jan 24, 2020 | 79.00 Mn |
| Oct 25, 2019 | 145.00 Mn |
| Oct 25, 2019 | 145.00 Mn |
| Jul 26, 2019 | 122.00 Mn |
| Jul 26, 2019 | 122.00 Mn |
| Apr 26, 2019 | -93.00 Mn |
| Apr 26, 2019 | -93.00 Mn |
| Jan 25, 2019 | 55.00 Mn |
| Jan 25, 2019 | 55.00 Mn |
| Oct 26, 2018 | 132.00 Mn |
| Oct 26, 2018 | 132.00 Mn |
| Jul 27, 2018 | 180.00 Mn |
| Jul 27, 2018 | 180.00 Mn |
| Apr 27, 2018 | -126.00 Mn |
| Apr 27, 2018 | -126.00 Mn |
| Jan 26, 2018 | 45.00 Mn |
| Jan 26, 2018 | 45.00 Mn |
| Oct 27, 2017 | 109.00 Mn |
| Oct 27, 2017 | 109.00 Mn |
| Jul 28, 2017 | 164.00 Mn |
| Jul 28, 2017 | 164.00 Mn |
| Apr 28, 2017 | -34.00 Mn |
| Apr 28, 2017 | -34.00 Mn |
| Jan 27, 2017 | 74.00 Mn |
| Jan 27, 2017 | 74.00 Mn |
| Oct 28, 2016 | 86.00 Mn |
| Oct 28, 2016 | 86.00 Mn |
| Jul 29, 2016 | 101.00 Mn |
| Jul 29, 2016 | 101.00 Mn |
| Apr 29, 2016 | -202.00 Mn |
| Apr 29, 2016 | -202.00 Mn |
| Jan 29, 2016 | 62.00 Mn |
| Jan 29, 2016 | 62.00 Mn |
| Oct 30, 2015 | 119.00 Mn |
| Oct 30, 2015 | 119.00 Mn |
| Jul 31, 2015 | 207.00 Mn |
| Jul 31, 2015 | 207.00 Mn |
| Apr 24, 2015 | 37.00 Mn |
| Apr 24, 2015 | 37.00 Mn |
| Jan 23, 2015 | 75.00 Mn |
| Jan 23, 2015 | 75.00 Mn |
| Oct 24, 2014 | 74.00 Mn |
| Oct 24, 2014 | 74.00 Mn |
| Jul 25, 2014 | 96.00 Mn |
| Jul 25, 2014 | 96.00 Mn |