Medtronic (MDT) Exchange Rate Effect (2014 - 2026)
Medtronic (MDT) posted Exchange Rate Effect of $33.0 million for Q2 2026, up 37.5% sequentially from $24.0 million in Q1 2026, and down 88.34% YoY from $283.0 million in Q2 2025.
Medtronic (MDT) Exchange Rate Effect (2014 - 2026) Analysis & Trends
Medtronic has reported Exchange Rate Effect for 13 years, with the latest figure at $33.0 million in Q2 2026.
- Quarterly Exchange Rate Effect fell 88.34% year-over-year to $33.0 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $85.0 million (down 54.79% YoY) and the FY2026 annual result came in at $85.0 million, down 54.79% from the prior year.
- Exchange Rate Effect climbed to $33.0 million in Q2 2026 per MDT's latest filing, from $24.0 million in the prior quarter.
- Over five years, Exchange Rate Effect peaked at $540.0 million in Q1 2023 and troughed at -$175.0 million in Q4 2023.
- A 5-year average of $5.9 million and a median of -$37.5 million in 2022 frame the typical range for Exchange Rate Effect.
- The sharpest annual moves came in 2023 and 2025: Exchange Rate Effect soared 1600.0% in 2023, then tumbled 1075.0% in 2025.
- Over 5 years, Exchange Rate Effect stood at -$101.0 million in 2022, then tumbled by 73.27% to -$175.0 million in 2023, then jumped by 102.29% to $4.0 million in 2024, then sank by 1075.0% to -$39.0 million in 2025, then jumped by 184.62% to $33.0 million in 2026.
- According to Business Quant data, Exchange Rate Effect over the past three periods registered $33.0 million, $24.0 million, and -$39.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 198.70 Bn | 193.10 Bn | 7.27 Bn | 4.00 Mn |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | -14.00 Mn |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 33.00 Mn |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 1.00 Mn |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 3.80 Mn |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | -4.90 Mn |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 2.00 Mn |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | 38.36 Mn |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | -2.30 Mn |
| 10 | Zimmer Biomet Holdings | 19.04 Bn | 18.63 Bn | 1.54 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | 33.00 Mn |
| Apr 24, 2026 | 33.00 Mn |
| Jan 23, 2026 | 24.00 Mn |
| Jan 23, 2026 | 24.00 Mn |
| Oct 24, 2025 | -39.00 Mn |
| Oct 24, 2025 | -39.00 Mn |
| Jul 25, 2025 | 67.00 Mn |
| Jul 25, 2025 | 67.00 Mn |
| Apr 25, 2025 | 283.00 Mn |
| Apr 25, 2025 | 283.00 Mn |
| Jan 24, 2025 | -130.00 Mn |
| Jan 24, 2025 | -130.00 Mn |
| Oct 25, 2024 | 4.00 Mn |
| Oct 25, 2024 | 4.00 Mn |
| Jul 26, 2024 | 31.00 Mn |
| Jul 26, 2024 | 31.00 Mn |
| Apr 26, 2024 | -60.00 Mn |
| Apr 26, 2024 | -60.00 Mn |
| Jan 26, 2024 | 44.00 Mn |
| Jan 26, 2024 | 44.00 Mn |