Medtronic MDT
NYSE MDT
$91.89 -0.50 (-0.54%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Medtronic's (MDT) quarterly Change in Inventory came in at $240.0 million in Q3 2026, down 35.66% year-over-year from $373.0 million in Q3 2025, and up 160.15% quarter-over-quarter from -$399.0 million in Q2 2026.

Analysis

Medtronic (MDT) Change in Inventory (2014 - 2026) Analysis & Trends

Medtronic has disclosed Change in Inventory across 13 years of filings, most recently posting $240.0 million for Q3 2026.

  • In Q3 2026, Change in Inventory fell 35.66% year-over-year to $240.0 million; the TTM figure through Jul 2026 stood at $271.0 million (down 39.51% YoY), while the FY2026 annual figure was $404.0 million, up 38.36% from the prior year.
  • Change in Inventory came in at $240.0 million for Q3 2026 at Medtronic, up from -$399.0 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 -$399.0 million in Q2 2026.
  • Average Change in Inventory over 5 years is $127.3 million, with a median of $201.0 million recorded in 2022.
  • Year-over-year, Change in Inventory surged 406.67% in 2022 and sank 13133.33% in 2024.
  • Over 5 years, Change in Inventory stood at $404.0 million in 2022, then plunged by 49.01% to $206.0 million in 2023, then slumped by 70.39% to $61.0 million in 2024, then jumped by 390.16% to $299.0 million in 2025, then decreased by 19.73% to $240.0 million in 2026.
  • Per Business Quant data, the three most recent Change in Inventory figures were $240.0 million in Q3 2026, -$399.0 million in Q2 2026, and $131.0 million in Q1 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Abbott Laboratories 183.04 Bn 177.44 Bn 7.27 Bn 301.00 Mn
2 Intuitive Surgical 125.02 Bn 119.81 Bn 1.96 Bn 248.00 Mn
3 Medtronic 117.84 Bn 109.02 Bn 6.34 Bn 240.00 Mn
4 Stryker 105.50 Bn 102.02 Bn 4.50 Bn 113.00 Mn
5 Boston Scientific 66.27 Bn 65.73 Bn 3.85 Bn 133.00 Mn
6 Edwards Lifesciences 49.60 Bn 45.35 Bn 1.35 Bn 23.50 Mn
7 Alcon 33.70 Bn 32.24 Bn 1.68 Bn -
8 Dexcom 32.06 Bn 30.11 Bn 830.00 Mn 36.40 Mn
9 Steris 21.02 Bn 20.54 Bn 684.20 Mn 73.30 Mn
10 Zimmer Biomet Holdings 18.20 Bn 17.79 Bn 1.54 Bn 30.50 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 240.00 Mn
Apr 24, 2026 -399.00 Mn
Jan 23, 2026 131.00 Mn
Oct 24, 2025 299.00 Mn
Jul 25, 2025 373.00 Mn
Apr 25, 2025 -186.00 Mn
Jan 24, 2025 200.00 Mn
Oct 25, 2024 61.00 Mn
Jul 26, 2024 217.00 Mn
Apr 26, 2024 -391.00 Mn
Jan 26, 2024 -86.00 Mn
Oct 27, 2023 206.00 Mn
Jul 28, 2023 410.00 Mn
Apr 28, 2023 3.00 Mn
Jan 27, 2023 152.00 Mn
Oct 28, 2022 404.00 Mn
Jul 29, 2022 380.00 Mn
Apr 29, 2022 201.00 Mn
Jan 28, 2022 203.00 Mn
Oct 29, 2021 81.00 Mn