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

Medtronic's (MDT) quarterly Exchange Rate Effect came in at $24.0 million in Q1 2026, up 118.46% year-on-year from $11.0 million in Q1 2025, and up 161.54% quarter-over-quarter from -$39.0 million in Q4 2025.

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

Medtronic has disclosed Exchange Rate Effect across 13 years of filings, most recently posting $24.0 million for Q1 2026.

  • Exchange Rate Effect for Q1 2026 came in at $24.0 million, up 118.46% year-over-year; the trailing twelve-month figure through Jan 2026 was $335.0 million (up 316.13% YoY), and the FY2025 annual result was $188.0 million, up 181.74% from the prior year.
  • Exchange Rate Effect came in at $24.0 million for Q1 2026 at Medtronic, up from -$39.0 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.
  • The 5-year median for Exchange Rate Effect is -$39.0 million (2023), against an average of $4.3 million.
  • Across the five-year window, Exchange Rate Effect jumped 1600.0% in 2023 and tumbled 1075.0% in 2025, its largest moves.
  • Medtronic's Exchange Rate Effect stood at -$101.0 million in 2022, then tumbled by 73.27% to -$175.0 million in 2023, then surged by 102.29% to $4.0 million in 2024, then sank by 1075.0% to -$39.0 million in 2025, then jumped by 161.54% to $24.0 million in 2026.
  • The last three Exchange Rate Effect figures came in at $24.0 million (Q1 2026), -$39.0 million (Q4 2025), and $67.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Exchange Rate Effect (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn -23.00 Mn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn -19.00 Mn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 24.00 Mn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn -
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 8.20 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 45.66 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn -2.80 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn -37.00 Mn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn -4.40 Mn
10 Zimmer Biomet Holdings 17.18 Bn 16.77 Bn 1.51 Bn 1.10 Mn

Historic Data

Download Data
DateValue
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
Oct 27, 2023 -175.00 Mn
Oct 27, 2023 -175.00 Mn