Medtronic (MDT) Gross Profit (2014 - 2026)
Medtronic's (MDT) quarterly Gross Profit came in at $6.3 billion in Q3 2026, up 13.68% year-over-year from $5.6 billion in Q3 2025, and down 1.08% quarter-over-quarter from $6.4 billion in Q2 2026.
Analysis
Medtronic (MDT) Gross Profit (2014 - 2026) Analysis & Trends
Medtronic has disclosed Gross Profit across 13 years of filings, most recently posting $6.3 billion for Q3 2026.
- In Q3 2026, Gross Profit rose 13.68% year-over-year to $6.3 billion; the TTM figure through Jul 2026 stood at $24.4 billion (up 9.31% YoY), while the FY2026 annual figure was $23.6 billion, up 7.93% from the prior year.
- Gross Profit came in at $6.3 billion for Q3 2026 at Medtronic, down from $6.4 billion in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $6.4 billion in Q2 2026 to a low of $4.9 billion in Q3 2022.
- Average Gross Profit over 5 years is $5.5 billion, with a median of $5.5 billion recorded in 2022.
- Year-over-year, Gross Profit retreated 9.91% in 2022 and gained 13.68% in 2026.
- Over 5 years, Gross Profit stood at $5.1 billion in 2022, then climbed by 3.43% to $5.2 billion in 2023, then advanced by 4.48% to $5.5 billion in 2024, then increased by 8.12% to $5.9 billion in 2025, then advanced by 7.46% to $6.3 billion in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $6.3 billion in Q3 2026, $6.4 billion in Q2 2026, and $5.8 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 185.16 Bn | 179.56 Bn | 7.27 Bn |
| 2 | Intuitive Surgical | 124.38 Bn | 119.16 Bn | 1.96 Bn |
| 3 | Medtronic | 118.38 Bn | 109.56 Bn | 6.34 Bn |
| 4 | Stryker | 105.06 Bn | 101.58 Bn | 4.50 Bn |
| 5 | Boston Scientific | 66.75 Bn | 66.21 Bn | 3.85 Bn |
| 6 | Edwards Lifesciences | 49.81 Bn | 45.55 Bn | 1.35 Bn |
| 7 | Alcon | 34.00 Bn | 32.55 Bn | 1.68 Bn |
| 8 | Dexcom | 32.30 Bn | 30.35 Bn | 830.00 Mn |
| 9 | Steris | 21.17 Bn | 20.69 Bn | 684.20 Mn |
| 10 | Zimmer Biomet Holdings | 18.27 Bn | 17.86 Bn | 1.54 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 |