Medtronic (MDT) Consolidated Net Income (2014 - 2026)
Medtronic (MDT) reported Consolidated Net Income of $1.48 billion for fiscal Q1 2027 (quarter ended Jul 31, 2026), up 41.3% from $1.05 billion a year earlier and up 17.5% from the prior quarter.
Medtronic (MDT) Consolidated Net Income (2014 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Medtronic's Consolidated Net Income came in at $5.27 billion, up 12.4% year-over-year; for FY2026 (ended Apr 24, 2026), it came in at $4.84 billion, up 3.1% from FY2025.
- Consolidated Net Income has a five-year compound annual growth rate of 5.9% (FY2021 to FY2026).
- By fiscal year, Consolidated Net Income came in at $4.69 billion in FY2025 (+26.6%), $3.71 billion in FY2024 (-2.1%), $3.78 billion in FY2023 (-25.2%) and $5.06 billion in FY2022 (+39.4%).
- The fiscal Q1 2027 figure ranks as the highest quarterly Consolidated Net Income since fiscal Q4 2022.
- Year over year, Consolidated Net Income gained in five of the last eight quarters, with growth averaging 19.3%.
- The high point for year-over-year Consolidated Net Income in five years was fiscal Q2 2022 (growth of 166.6%); the low point was fiscal Q2 2023 (a decline of 67.0%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $1.26 billion (Q4 2026), $1.15 billion (Q3 2026) and $1.38 billion (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 1.74 Bn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 928.00 Mn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 870.00 Mn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 823.20 Mn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 1.48 Bn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | -220.00 Mn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 905.00 Mn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 377.00 Mn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 241.40 Mn |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | 362.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.48 Bn |
| Apr 24, 2026 | 1.26 Bn |
| Jan 23, 2026 | 1.15 Bn |
| Oct 24, 2025 | 1.38 Bn |
| Jul 25, 2025 | 1.05 Bn |
| Apr 25, 2025 | 1.06 Bn |
| Jan 24, 2025 | 1.30 Bn |
| Oct 25, 2024 | 1.28 Bn |
| Jul 26, 2024 | 1.05 Bn |
| Apr 26, 2024 | 660.00 Mn |
| Jan 26, 2024 | 1.34 Bn |
| Oct 27, 2023 | 911.00 Mn |
| Jul 28, 2023 | 797.00 Mn |
| Apr 28, 2023 | 1.19 Bn |
| Jan 27, 2023 | 1.23 Bn |
| Oct 28, 2022 | 435.00 Mn |
| Jul 29, 2022 | 931.00 Mn |
| Apr 29, 2022 | 1.49 Bn |
| Jan 28, 2022 | 1.48 Bn |
| Oct 29, 2021 | 1.32 Bn |
Medtronic Consolidated Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=MDT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "ticker": "MDT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();