Medtronic (MDT) Gross Profit (2014 - 2026)
Medtronic (MDT) reported Gross Profit of $6.34 billion for fiscal Q1 2027 (quarter ended Jul 31, 2026), up 13.7% from $5.58 billion a year earlier but down 1.1% from the prior quarter.
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Analysis
Medtronic (MDT) Gross Profit (2014 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Medtronic's Gross Profit came in at $24.41 billion, up 9.3% year-over-year; for FY2026 (ended Apr 24, 2026), it was $23.64 billion, up 7.9% from FY2025.
- Gross Profit has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 3.8% (FY2021 to FY2026).
- By fiscal year, Gross Profit came in at $21.91 billion in FY2025 (+3.6%), $21.15 billion in FY2024 (+3.1%), $20.51 billion in FY2023 (-4.8%) and $21.54 billion in FY2022 (+9.7%).
- Five-year quarterly Gross Profit spans a low of $4.86 billion in fiscal Q1 2023 and a high of $6.41 billion in fiscal Q4 2026.
- Year over year, Gross Profit has now increased in each of the last nine quarters, with growth averaging 7.2% over the last eight quarters.
- The high point for year-over-year Gross Profit in five years was fiscal Q1 2027 (growth of 13.7%); the low point was fiscal Q1 2023 (a decline of 9.9%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $6.41 billion (Q4 2026), $5.76 billion (Q3 2026) and $5.9 billion (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 6.34 Bn |
| Apr 24, 2026 | 6.41 Bn |
| Jan 23, 2026 | 5.76 Bn |
| Oct 24, 2025 | 5.90 Bn |
| Jul 25, 2025 | 5.58 Bn |
| Apr 25, 2025 | 5.78 Bn |
| Jan 24, 2025 | 5.51 Bn |
| Oct 25, 2024 | 5.46 Bn |
| Jul 26, 2024 | 5.15 Bn |
| Apr 26, 2024 | 5.55 Bn |
| Jan 26, 2024 | 5.31 Bn |
| Oct 27, 2023 | 5.22 Bn |
| Jul 28, 2023 | 5.07 Bn |
| Apr 28, 2023 | 5.57 Bn |
| Jan 27, 2023 | 5.04 Bn |
| Oct 28, 2022 | 5.05 Bn |
| Jul 29, 2022 | 4.86 Bn |
| Apr 29, 2022 | 5.50 Bn |
| Jan 28, 2022 | 5.30 Bn |
| Oct 29, 2021 | 5.35 Bn |
API Access
Medtronic Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=MDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "MDT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();