Medtronic (MDT) Interest Expenses (2014 - 2026)

Medtronic's (MDT) quarterly Interest Expenses came in at $181.0 million in Q1 2026, up 1.12% year-on-year from $179.0 million in Q1 2025, and little changed quarter-over-quarter from $181.0 million in Q4 2025.

Medtronic (MDT) Interest Expenses (2014 - 2026) Analysis & Trends

Medtronic has disclosed Interest Expenses across 13 years of filings, most recently posting $181.0 million for Q1 2026.

  • Interest Expenses for Q1 2026 came in at $181.0 million, up 1.12% year-over-year; the trailing twelve-month figure through Jan 2026 was $712.0 million (down 5.94% YoY), and the FY2025 annual result was $729.0 million, up 1.39% from the prior year.
  • Interest Expenses came in at $181.0 million for Q1 2026 at Medtronic, roughly flat from $181.0 million in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $209.0 million in Q4 2024 to a low of $118.0 million in Q4 2022.
  • The 5-year median for Interest Expenses is $176.0 million (2025), against an average of $170.6 million.
  • Across the five-year window, Interest Expenses jumped 52.54% in 2023 and slipped 13.86% in 2025, its largest moves.
  • Medtronic's Interest Expenses stood at $118.0 million in 2022, then jumped by 52.54% to $180.0 million in 2023, then increased by 16.11% to $209.0 million in 2024, then declined by 13.4% to $181.0 million in 2025, then changed by 0.0% to $181.0 million in 2026.
  • The last three Interest Expenses figures came in at $181.0 million (Q1 2026), $181.0 million (Q4 2025), and $176.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 174.00 Mn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 148.00 Mn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 181.00 Mn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 90.00 Mn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn -
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -97.17 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn -
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 96.00 Mn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 15.10 Mn
10 Zimmer Biomet Holdings 17.18 Bn 16.77 Bn 1.51 Bn -

Historic Data

Download Data
DateValue
Jan 23, 2026 181.00 Mn
Jan 23, 2026 181.00 Mn
Oct 24, 2025 181.00 Mn
Oct 24, 2025 181.00 Mn
Jul 25, 2025 176.00 Mn
Jul 25, 2025 176.00 Mn
Apr 25, 2025 174.00 Mn
Apr 25, 2025 174.00 Mn
Jan 24, 2025 179.00 Mn
Jan 24, 2025 179.00 Mn
Oct 25, 2024 209.00 Mn
Oct 25, 2024 209.00 Mn
Jul 26, 2024 167.00 Mn
Jul 26, 2024 167.00 Mn
Apr 26, 2024 202.00 Mn
Apr 26, 2024 202.00 Mn
Jan 26, 2024 188.00 Mn
Jan 26, 2024 188.00 Mn
Oct 27, 2023 180.00 Mn
Oct 27, 2023 180.00 Mn