Medtronic (MDT) Gross Profit (2014 - 2026)
Medtronic (MDT) posted Gross Profit of $6.4 billion for Q2 2026, up 11.34% sequentially from $5.8 billion in Q1 2026, and up 10.88% YoY from $5.8 billion in Q2 2025.
Medtronic (MDT) Gross Profit (2014 - 2026) Analysis & Trends
Medtronic has reported Gross Profit for 13 years, with the latest figure at $6.4 billion in Q2 2026.
- Quarterly Gross Profit rose 10.88% year-over-year to $6.4 billion in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $23.6 billion (up 7.93% YoY) and the FY2026 annual result came in at $23.6 billion, up 7.93% from the prior year.
- Gross Profit rose to $6.4 billion in Q2 2026 per MDT's latest filing, from $5.8 billion in the prior quarter.
- Over five years, Gross Profit peaked at $6.4 billion in Q2 2026 and troughed at $4.9 billion in Q3 2022.
- A 5-year average of $5.4 billion and a median of $5.5 billion in 2022 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2022 and 2026: Gross Profit decreased 9.91% in 2022, then increased 10.88% in 2026.
- Over 5 years, Gross Profit stood at $5.1 billion in 2022, then increased by 3.43% to $5.2 billion in 2023, then grew by 4.48% to $5.5 billion in 2024, then gained by 8.12% to $5.9 billion in 2025, then grew by 8.63% to $6.4 billion in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $6.4 billion, $5.8 billion, and $5.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.70 Bn | 194.09 Bn | 7.27 Bn |
| 2 | Stryker | 129.93 Bn | 126.46 Bn | 4.50 Bn |
| 3 | Medtronic | 120.49 Bn | 111.27 Bn | 6.41 Bn |
| 4 | Boston Scientific | 74.60 Bn | 74.06 Bn | 3.85 Bn |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.42 Bn | 1.35 Bn |
| 6 | Dexcom | 34.78 Bn | 32.84 Bn | 830.00 Mn |
| 7 | GE HealthCare Technologies | 33.83 Bn | 31.72 Bn | 2.18 Bn |
| 8 | Koninklijke Philips | 26.44 Bn | 23.12 Bn | 4.55 Bn |
| 9 | Steris | 23.18 Bn | 22.69 Bn | 684.20 Mn |
| 10 | Zimmer Biomet Holdings | 19.40 Bn | 18.99 Bn | 1.54 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | 6.41 Bn |
| Apr 24, 2026 | 6.41 Bn |
| Jan 23, 2026 | 5.76 Bn |
| Jan 23, 2026 | 5.76 Bn |
| Oct 24, 2025 | 5.90 Bn |
| Oct 24, 2025 | 5.90 Bn |
| Jul 25, 2025 | 5.58 Bn |
| Jul 25, 2025 | 5.58 Bn |
| Apr 25, 2025 | 5.78 Bn |
| Apr 25, 2025 | 5.78 Bn |
| Jan 24, 2025 | 5.51 Bn |
| Jan 24, 2025 | 5.51 Bn |
| Oct 25, 2024 | 5.46 Bn |
| Oct 25, 2024 | 5.46 Bn |
| Jul 26, 2024 | 5.15 Bn |
| Jul 26, 2024 | 5.15 Bn |
| Apr 26, 2024 | 5.55 Bn |
| Apr 26, 2024 | 5.55 Bn |
| Jan 26, 2024 | 5.31 Bn |
| Jan 26, 2024 | 5.31 Bn |