Medtronic (MDT) Income from Non-Controlling Interests (2016 - 2026)
Medtronic (MDT) reported Income from Non-Controlling Interests of $9 million for fiscal Q1 2027 (quarter ended Jul 31, 2026), up 28.6% from $7 million a year earlier but down 43.8% from the prior quarter.
Medtronic (MDT) Income from Non-Controlling Interests (2016 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Medtronic's Income from Non-Controlling Interests came in at $38 million, up 26.7% year-over-year; for FY2026 (ended Apr 24, 2026), it came in at $37 million, up 27.6% from FY2025.
- Income from Non-Controlling Interests has increased for four consecutive fiscal years, with a five-year compound annual growth rate of 9.0% (FY2021 to FY2026).
- By fiscal year, Income from Non-Controlling Interests came in at $29 million in FY2025 (+3.6%), $28 million in FY2024 (+7.7%), $26 million in FY2023 (+18.2%) and $22 million in FY2022 (-8.3%).
- Five-year quarterly Income from Non-Controlling Interests spans a low of $2 million in fiscal Q1 2023 and a high of $16 million in fiscal Q4 2026.
- Year over year, Income from Non-Controlling Interests gained in four of the last eight quarters, with growth averaging 65.0%.
- The high point for year-over-year Income from Non-Controlling Interests in five years was fiscal Q2 2025 (growth of 350.0%); the low point was fiscal Q2 2024 (a decline of 75.0%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $16 million (Q4 2026), $6 million (Q3 2026) and $7 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inc. Minority (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 5.00 Mn |
| 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 | 5.10 Mn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 9.00 Mn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | - |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | -2.00 Mn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | - |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | -500,000.00 |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 9.00 Mn |
| Apr 24, 2026 | 16.00 Mn |
| Jan 23, 2026 | 6.00 Mn |
| Oct 24, 2025 | 7.00 Mn |
| Jul 25, 2025 | 7.00 Mn |
| Apr 25, 2025 | 5.00 Mn |
| Jan 24, 2025 | 9.00 Mn |
| Oct 25, 2024 | 9.00 Mn |
| Jul 26, 2024 | 6.00 Mn |
| Apr 26, 2024 | 5.00 Mn |
| Jan 26, 2024 | 15.00 Mn |
| Oct 27, 2023 | 2.00 Mn |
| Jul 28, 2023 | 6.00 Mn |
| Apr 28, 2023 | 9.00 Mn |
| Jan 27, 2023 | 6.00 Mn |
| Oct 28, 2022 | 8.00 Mn |
| Jul 29, 2022 | 2.00 Mn |
| Apr 29, 2022 | 6.00 Mn |
| Jan 28, 2022 | 4.00 Mn |
| Oct 29, 2021 | 6.00 Mn |
Medtronic Income from Non-Controlling Interests 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-non-controlling-interests&ticker=MDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-non-controlling-interests", "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-non-controlling-interests&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();