Medtronic (MDT) EBITDA (2014 - 2026)
Medtronic's (MDT) quarterly EBITDA came in at $1.8 billion in Q3 2026, up 22.08% year-over-year from $1.4 billion in Q3 2025, and down 5.82% quarter-over-quarter from $1.9 billion in Q2 2026.
Analysis
Medtronic (MDT) EBITDA (2014 - 2026) Analysis & Trends
Medtronic has disclosed EBITDA across 13 years of filings, most recently posting $1.8 billion for Q3 2026.
- In Q3 2026, EBITDA rose 22.08% year-over-year to $1.8 billion; the TTM figure through Jul 2026 stood at $6.8 billion (up 10.86% YoY), while the FY2026 annual figure was $6.5 billion, up 8.6% from the prior year.
- EBITDA came in at $1.8 billion for Q3 2026 at Medtronic, down from $1.9 billion in the prior quarter.
- In the past five years, EBITDA ranged from a high of $1.9 billion in Q2 2026 to a low of $1.1 billion in Q2 2024.
- Average EBITDA over 5 years is $1.5 billion, with a median of $1.5 billion recorded in 2026.
- Year-over-year, EBITDA plunged 32.72% in 2024 and soared 36.37% in 2025.
- Over 5 years, EBITDA stood at $1.4 billion in 2022, then dropped by 4.56% to $1.3 billion in 2023, then climbed by 19.03% to $1.6 billion in 2024, then gained by 5.71% to $1.7 billion in 2025, then increased by 4.63% to $1.8 billion in 2026.
- Per Business Quant data, the three most recent EBITDA figures were $1.8 billion in Q3 2026, $1.9 billion in Q2 2026, and $1.5 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 1.69 Bn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 971.90 Mn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 1.76 Bn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 1.66 Bn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 1.18 Bn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 513.20 Mn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 11.00 Mn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 318.30 Mn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 285.80 Mn |
| 10 | Zimmer Biomet Holdings | 18.20 Bn | 17.79 Bn | 1.54 Bn | 326.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.76 Bn |
| Apr 24, 2026 | 1.87 Bn |
| Jan 23, 2026 | 1.46 Bn |
| Oct 24, 2025 | 1.69 Bn |
| Jul 25, 2025 | 1.45 Bn |
| Apr 25, 2025 | 1.44 Bn |
| Jan 24, 2025 | 1.65 Bn |
| Oct 25, 2024 | 1.60 Bn |
| Jul 26, 2024 | 1.28 Bn |
| Apr 26, 2024 | 1.05 Bn |
| Jan 26, 2024 | 1.48 Bn |
| Oct 27, 2023 | 1.34 Bn |
| Jul 28, 2023 | 1.27 Bn |
| Apr 28, 2023 | 1.57 Bn |
| Jan 27, 2023 | 1.39 Bn |
| Oct 28, 2022 | 1.40 Bn |
| Jul 29, 2022 | 1.13 Bn |
| Apr 29, 2022 | 1.67 Bn |
| Jan 28, 2022 | 1.66 Bn |
| Oct 29, 2021 | 1.56 Bn |