Medtronic (MDT) Exchange Rate Effect (2014 - 2026)

Medtronic (MDT) reported Exchange Rate Effect of $33.0 million for Q2 2026, down 88.34% on a YoY basis from $283.0 million in Q2 2025, and up 37.5% sequentially from $24.0 million in Q1 2026.

Medtronic (MDT) Exchange Rate Effect (2014 - 2026) Analysis & Trends

Medtronic (MDT) has 13 years of Exchange Rate Effect data on file, last reported at $33.0 million in Q2 2026.

  • For the quarter ending Q2 2026, Exchange Rate Effect fell 88.34% year-over-year to $33.0 million; the trailing twelve-month figure through Apr 2026 stood at $85.0 million (down 54.79% YoY), and the FY2026 full-year result was $85.0 million, down 54.79% from the prior year.
  • Exchange Rate Effect climbed to $33.0 million in Q2 2026, from $24.0 million in the prior quarter.
  • In the past five years, Exchange Rate Effect ranged from a high of $540.0 million in Q1 2023 to a low of -$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.
  • Across the five-year window, Exchange Rate Effect jumped 1600.0% in 2023 and sank 1075.0% in 2025, its largest moves.
  • Tracing MDT's Exchange Rate Effect over 5 years: stood at -$101.0 million in 2022, then plunged by 73.27% to -$175.0 million in 2023, then jumped by 102.29% to $4.0 million in 2024, then slumped by 1075.0% to -$39.0 million in 2025, then jumped by 184.62% to $33.0 million in 2026.
  • Business Quant data shows MDT's Exchange Rate Effect at $33.0 million in Q2 2026, $24.0 million in Q1 2026, and -$39.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Exchange Rate Effect (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn -23.00 Mn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn -19.00 Mn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 33.00 Mn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn -
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 8.20 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn -2.80 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn 45.66 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn -37.00 Mn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Steris 20.59 Bn 20.16 Bn 697.10 Mn -4.40 Mn

Historic Data

Download Data
DateValue
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