Medtronic (MDT) Gross Profit (2013 - 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.
Powered by 
Analysis
Medtronic (MDT) Gross Profit (2013 - 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 | 259.20 Bn | 235.84 Bn | 5.13 Bn |
| 2 | Abbott Laboratories | 185.80 Bn | 160.26 Bn | 7.39 Bn |
| 3 | Danaher | 162.41 Bn | 142.07 Bn | 3.84 Bn |
| 4 | Intuitive Surgical | 155.25 Bn | 135.54 Bn | 2.08 Bn |
| 5 | Medtronic | 132.14 Bn | 97.65 Bn | 6.34 Bn |
| 6 | Stryker | 119.74 Bn | 105.93 Bn | 4.25 Bn |
| 7 | Boston Scientific | 64.30 Bn | 59.73 Bn | 3.43 Bn |
| 8 | Edwards Lifesciences | 61.95 Bn | 45.15 Bn | 1.35 Bn |
| 9 | Agilent Technologies | 48.79 Bn | 41.68 Bn | 1.04 Bn |
| 10 | GE HealthCare Technologies | 37.40 Bn | 25.63 Bn | 2.22 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 6.34 Bn |
| Apr 24, 2026 | 6.41 Bn |
| Oct 24, 2025 | 5.90 Bn |
| Jul 25, 2025 | 5.58 Bn |
| Oct 25, 2024 | 5.46 Bn |
| Jul 26, 2024 | 5.15 Bn |
| Oct 27, 2023 | 5.22 Bn |
| Jul 28, 2023 | 5.07 Bn |
| Oct 28, 2022 | 5.05 Bn |
| Jul 29, 2022 | 4.86 Bn |
| Oct 29, 2021 | 5.35 Bn |
| Jul 30, 2021 | 5.39 Bn |
| Oct 30, 2020 | 4.94 Bn |
| Jul 31, 2020 | 4.00 Bn |
| Apr 24, 2020 | 3.73 Bn |
| Oct 25, 2019 | 5.31 Bn |
| Jul 26, 2019 | 5.13 Bn |
| Apr 26, 2019 | 5.66 Bn |
| Oct 26, 2018 | 5.28 Bn |
| Jul 27, 2018 | 5.18 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();