Medtronic (MDT) Intangibles (2014 - 2026)
Medtronic's (MDT) quarterly Intangibles came in at $10.2 billion in Q3 2026, down 8.78% year-over-year from $11.2 billion in Q3 2025, and up 0.91% quarter-over-quarter from $10.1 billion in Q2 2026.
Analysis
Medtronic (MDT) Intangibles (2014 - 2026) Analysis & Trends
Medtronic has disclosed Intangibles across 13 years of filings, most recently posting $10.2 billion for Q3 2026.
- In Q3 2026, Intangibles fell 8.78% year-over-year to $10.2 billion; the TTM figure through Jul 2026 stood at $10.2 billion (down 8.78% YoY), while the FY2026 annual figure was $10.1 billion, down 13.04% from the prior year.
- Intangibles came in at $10.2 billion for Q3 2026 at Medtronic, up from $10.1 billion in the prior quarter.
- In the past five years, Intangibles ranged from a high of $16.1 billion in Q1 2022 to a low of $10.1 billion in Q2 2026.
- Average Intangibles over 5 years is $13.2 billion, with a median of $13.2 billion recorded in 2024.
- Year-over-year, Intangibles decreased 4.82% in 2023 and dropped 15.18% in 2026.
- Over 5 years, Intangibles stood at $15.7 billion in 2022, then slipped by 10.19% to $14.1 billion in 2023, then decreased by 11.64% to $12.4 billion in 2024, then decreased by 13.31% to $10.8 billion in 2025, then fell by 4.94% to $10.2 billion in 2026.
- Per Business Quant data, the three most recent Intangibles figures were $10.2 billion in Q3 2026, $10.1 billion in Q2 2026, and $10.3 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 17.21 Bn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 1.14 Bn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 10.24 Bn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 5.74 Bn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 6.92 Bn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 1.38 Bn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 8.27 Bn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 101.60 Mn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 1.56 Bn |
| 10 | Zimmer Biomet Holdings | 18.20 Bn | 17.79 Bn | 1.54 Bn | 4.46 Bn |
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 |