Medtronic (MDT) Interest Expenses (2013 - 2026)
Medtronic (MDT) reported Interest Expenses of $142.0 million for Q2 2026, down 18.39% on a YoY basis from $174.0 million in Q2 2025, and down 94.74% sequentially from $2.7 billion in Q1 2026.
Medtronic (MDT) Interest Expenses (2013 - 2026) Analysis & Trends
Medtronic (MDT) has 14 years of Interest Expenses data on file, last reported at $142.0 million in Q2 2026.
- For the quarter ending Q2 2026, Interest Expenses fell 18.39% year-over-year to $142.0 million; the trailing twelve-month figure through Apr 2026 stood at $644.0 million (changed 0.16% YoY), and the FY2026 full-year result was $12.3 billion, down 2.85% from the prior year.
- Interest Expenses declined to $142.0 million in Q2 2026, from $2.7 billion in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $2.7 billion in Q3 2024 to a low of -$46.0 million in Q2 2024.
- A 5-year average of $1.8 billion and a median of $2.5 billion in 2022 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses plunged 112.3% in 2024 and soared 478.26% in 2025, its largest moves.
- Tracing MDT's Interest Expenses over 5 years: stood at $2.4 billion in 2022, then rose by 8.33% to $2.6 billion in 2023, then increased by 3.85% to $2.7 billion in 2024, then changed by 0.0% to $2.7 billion in 2025, then sank by 94.74% to $142.0 million in 2026.
- Business Quant data shows MDT's Interest Expenses at $142.0 million in Q2 2026, $2.7 billion in Q1 2026, and $2.7 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 1.50 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 148.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 142.00 Mn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 512.00 Mn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 400.20 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 3.10 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -97.17 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 96.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | -140.00 Mn |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | 19.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | 142.00 Mn |
| Apr 24, 2026 | 142.00 Mn |
| Jan 23, 2026 | 2.70 Bn |
| Jan 23, 2026 | 2.70 Bn |
| Oct 24, 2025 | 2.70 Bn |
| Oct 24, 2025 | 2.70 Bn |
| Jul 25, 2025 | 2.70 Bn |
| Jul 25, 2025 | 2.70 Bn |
| Apr 25, 2025 | 174.00 Mn |
| Apr 25, 2025 | 174.00 Mn |
| Jan 24, 2025 | 2.70 Bn |
| Jan 24, 2025 | 2.70 Bn |
| Oct 25, 2024 | 2.70 Bn |
| Oct 25, 2024 | 2.70 Bn |
| Jul 26, 2024 | 2.70 Bn |
| Jul 26, 2024 | 2.70 Bn |
| Apr 26, 2024 | -46.00 Mn |
| Apr 26, 2024 | -46.00 Mn |
| Jan 26, 2024 | 2.60 Bn |
| Jan 26, 2024 | 2.60 Bn |