KPIs & Operating Metrics(New)
Growth Metrics

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

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DateValue
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