Medtronic (MDT) Intangibles (2014 - 2026)
Medtronic's Intangibles came in at $10.24 billion for fiscal Q1 2027 (quarter ended Jul 31, 2026), down 8.8% from $11.22 billion a year earlier but up 0.9% from the prior quarter.
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Analysis
Medtronic (MDT) Intangibles (2014 - 2026) Analysis & Trends
At the end of FY2026 (ended Apr 24, 2026), Medtronic's Intangibles was $10.15 billion, down 13.0% from FY2025.
- Intangibles has declined in each of the last 11 fiscal years, with a five-year compound annual growth rate of -10.6% (FY2021 to FY2026).
- Going back by fiscal year, Intangibles was $11.67 billion in FY2025 (-11.8%), $13.23 billion in FY2024 (-10.9%), $14.84 billion in FY2023 (-4.8%) and $15.6 billion in FY2022 (-12.1%).
- The five-year range for quarterly Intangibles is $10.15 billion (fiscal Q4 2026) to $16.52 billion (fiscal Q2 2022).
- Year-over-year, Intangibles has declined for 42 consecutive quarters, with an average decline of 12.1% over the last eight quarters.
- The year-over-year decline in Intangibles has ranged between 4.8% (fiscal Q4 2023) and 15.2% (fiscal Q3 2026) over the last five years.
- Business Quant data shows MDT's Intangibles at $10.15 billion (Q4 2026), $10.34 billion (Q3 2026) and $10.77 billion (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 258.65 Bn | 237.68 Bn | 4.88 Bn | 18.61 Bn |
| 2 | Abbott Laboratories | 174.09 Bn | 144.52 Bn | 7.27 Bn | 17.21 Bn |
| 3 | Danaher | 162.32 Bn | 146.13 Bn | 3.61 Bn | 21.36 Bn |
| 4 | Intuitive Surgical | 149.52 Bn | 128.95 Bn | 1.96 Bn | 1.14 Bn |
| 5 | Medtronic | 120.38 Bn | 85.64 Bn | 6.34 Bn | 10.24 Bn |
| 6 | Stryker | 114.06 Bn | 100.18 Bn | 4.50 Bn | 5.74 Bn |
| 7 | Boston Scientific | 65.72 Bn | 60.49 Bn | 3.85 Bn | 6.92 Bn |
| 8 | Becton Dickinson | 53.45 Bn | 50.60 Bn | 2.32 Bn | 448.00 Mn |
| 9 | Edwards Lifesciences | 50.59 Bn | 34.60 Bn | 1.35 Bn | 1.38 Bn |
| 10 | Agilent Technologies | 49.88 Bn | 42.77 Bn | 1.04 Bn | 906.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 10.24 Bn |
| Apr 24, 2026 | 10.15 Bn |
| Jan 23, 2026 | 10.34 Bn |
| Oct 24, 2025 | 10.77 Bn |
| Jul 25, 2025 | 11.22 Bn |
| Apr 25, 2025 | 11.67 Bn |
| Jan 24, 2025 | 12.18 Bn |
| Oct 25, 2024 | 12.42 Bn |
| Jul 26, 2024 | 12.82 Bn |
| Apr 26, 2024 | 13.23 Bn |
| Jan 26, 2024 | 13.69 Bn |
| Oct 27, 2023 | 14.06 Bn |
| Jul 28, 2023 | 14.43 Bn |
| Apr 28, 2023 | 14.84 Bn |
| Jan 27, 2023 | 15.27 Bn |
| Oct 28, 2022 | 15.66 Bn |
| Jul 29, 2022 | 15.78 Bn |
| Apr 29, 2022 | 15.60 Bn |
| Jan 28, 2022 | 16.08 Bn |
| Oct 29, 2021 | 16.52 Bn |
API Access
Medtronic Intangibles 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=intangibles&ticker=MDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();