KPIs & Operating Metrics(New)
Growth Metrics

Medtronic (MDT) Gross Margin (2016 - 2026)

Medtronic (MDT) has disclosed Gross Margin for 13 consecutive years, with 63.83% as the latest value for Q1 2026.

  • Quarterly Gross Margin fell 265.0% to 63.83% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 64.86% through Jan 2026, down 41.0% year-over-year, with the annual reading at 65.32% for FY2025, 3.0% down from the prior year.
  • Gross Margin hit 63.83% in Q1 2026 for Medtronic, down from 65.84% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 68.32% in Q1 2022 to a low of 63.83% in Q1 2026.
  • Historically, Gross Margin has averaged 65.68% across 5 years, with a median of 65.42% in 2023.
  • Biggest five-year swings in Gross Margin: surged 203bps in 2022 and later crashed -312bps in 2023.
  • Year by year, Gross Margin stood at 66.58% in 2022, then decreased by -2bps to 65.42% in 2023, then dropped by -1bps to 64.94% in 2024, then grew by 1bps to 65.84% in 2025, then dropped by -3bps to 63.83% in 2026.
  • Business Quant data shows Gross Margin for MDT at 63.83% in Q1 2026, 65.84% in Q4 2025, and 65.02% in Q3 2025.