KPIs & Operating Metrics(New)
Growth Metrics

Medtronic (MDT) Gross Margin (2016 - 2026)

Medtronic's Gross Margin history spans 13 years, with the latest figure at 63.83% for Q1 2026.

  • On a quarterly basis, Gross Margin fell 265.0% to 63.83% in Q1 2026 year-over-year; TTM through Jan 2026 was 64.86%, a 41.0% decrease, with the full-year FY2025 number at 65.32%, down 3.0% from a year prior.
  • Gross Margin hit 63.83% in Q1 2026 for Medtronic, down from 65.84% in the prior quarter.
  • Over the last five years, Gross Margin for MDT hit a ceiling of 68.32% in Q1 2022 and a floor 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.
  • Tracing MDT's Gross Margin over 5 years: stood at 66.58% in 2022, then dropped by -2bps to 65.42% in 2023, then fell by -1bps to 64.94% in 2024, then rose by 1bps to 65.84% in 2025, then fell 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.