Medtronic (MDT) Intangibles (2014 - 2026)
Medtronic (MDT) reported Intangibles of $10.1 billion for Q2 2026, down 13.04% on a YoY basis from $11.7 billion in Q2 2025, and down 1.83% sequentially from $10.3 billion in Q1 2026.
Medtronic (MDT) Intangibles (2014 - 2026) Analysis & Trends
Medtronic (MDT) has 13 years of Intangibles data on file, last reported at $10.1 billion in Q2 2026.
- For the quarter ending Q2 2026, Intangibles fell 13.04% year-over-year to $10.1 billion; the trailing twelve-month figure through Apr 2026 stood at $10.1 billion (down 13.04% YoY), and the FY2026 full-year result was $10.1 billion, down 13.04% from the prior year.
- Intangibles retreated to $10.1 billion in Q2 2026, from $10.3 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.
- A 5-year average of $13.3 billion and a median of $13.5 billion in 2024 frame the typical range for Intangibles.
- Across the five-year window, Intangibles retreated 4.82% in 2023 and slipped 15.18% in 2026, its largest moves.
- Tracing MDT's Intangibles over 5 years: stood at $15.7 billion in 2022, then decreased by 10.19% to $14.1 billion in 2023, then retreated by 11.64% to $12.4 billion in 2024, then retreated by 13.31% to $10.8 billion in 2025, then dropped by 5.79% to $10.1 billion in 2026.
- Business Quant data shows MDT's Intangibles at $10.1 billion in Q2 2026, $10.3 billion in Q1 2026, and $10.8 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 17.88 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 5.52 Bn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 10.15 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 7.06 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 1.23 Bn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 62.60 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 3.14 Bn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 1.91 Bn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | 882.00 Mn |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | 1.62 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 30, 2021 | 16.89 Bn |