Medtronic (MDT) Income from Continuing Operations (2014 - 2026)
Medtronic (MDT) recorded Income from Continuing Operations of $1.48 billion in fiscal Q1 2027 (quarter ended Jul 31, 2026), up 41.4% from $1.05 billion a year earlier and up 17.6% from the prior quarter.
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Analysis
Medtronic (MDT) Income from Continuing Operations (2014 - 2026) Analysis & Trends
On a TTM basis, Medtronic's Income from Continuing Operations came in at $5.27 billion as of Jul 31, 2026, up 12.4% year-over-year; for FY2026 (ended Apr 24, 2026), it was $4.84 billion, up 3.1% from FY2025.
- Annual Income from Continuing Operations has a five-year compound annual growth rate of 5.9% (FY2021 to FY2026).
- Across earlier fiscal years, Income from Continuing Operations came in at $4.69 billion in FY2025 (+26.7%), $3.7 billion in FY2024 (-2.1%), $3.78 billion in FY2023 (-25.2%) and $5.06 billion in FY2022 (+39.4%).
- The fiscal Q1 2027 figure is the highest quarterly Income from Continuing Operations since fiscal Q4 2022.
- On a year-over-year basis, Income from Continuing Operations rose in five of the last eight quarters, with growth averaging 19.4%.
- Peak year-over-year performance for Income from Continuing Operations in the last five years was growth of 166.6% in fiscal Q2 2022, against a decline of 66.9% in fiscal Q2 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $1.26 billion (Q4 2026), $1.15 billion (Q3 2026) and $1.38 billion (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Continuing) (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 1.76 Bn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 928.00 Mn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 870.00 Mn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 823.20 Mn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 1.48 Bn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | -220.00 Mn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 905.00 Mn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 451.00 Mn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 241.40 Mn |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | 362.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.48 Bn |
| Apr 24, 2026 | 1.26 Bn |
| Jan 23, 2026 | 1.15 Bn |
| Oct 24, 2025 | 1.38 Bn |
| Jul 25, 2025 | 1.05 Bn |
| Apr 25, 2025 | 1.06 Bn |
| Jan 24, 2025 | 1.30 Bn |
| Oct 25, 2024 | 1.28 Bn |
| Jul 26, 2024 | 1.05 Bn |
| Apr 26, 2024 | 658.00 Mn |
| Jan 26, 2024 | 1.34 Bn |
| Oct 27, 2023 | 911.00 Mn |
| Jul 28, 2023 | 796.00 Mn |
| Apr 28, 2023 | 1.19 Bn |
| Jan 27, 2023 | 1.23 Bn |
| Oct 28, 2022 | 436.00 Mn |
| Jul 29, 2022 | 932.00 Mn |
| Apr 29, 2022 | 1.49 Bn |
| Jan 28, 2022 | 1.48 Bn |
| Oct 29, 2021 | 1.32 Bn |
API Access
Medtronic Income from Continuing Operations 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=income-from-continuing-operations&ticker=MDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-continuing-operations", "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=income-from-continuing-operations&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();