Medtronic MDT
NYSE MDT
$91.89 -0.50 (-0.54%)
As of: Sep 9, 2026 · 3:59 PM EDT

Medtronic (MDT) Interest Expenses (2014 - 2026)

Medtronic's (MDT) quarterly Interest Expenses came in at $186.0 million in Q3 2026, up 5.68% year-over-year from $176.0 million in Q3 2025, and up 5.68% quarter-over-quarter from $176.0 million in Q2 2026.

Analysis

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

Medtronic has disclosed Interest Expenses across 13 years of filings, most recently posting $186.0 million for Q3 2026.

  • In Q3 2026, Interest Expenses rose 5.68% year-over-year to $186.0 million; the TTM figure through Jul 2026 stood at $724.0 million (down 1.9% YoY), while the FY2026 annual figure was $715.0 million, down 1.92% from the prior year.
  • Interest Expenses came in at $186.0 million for Q3 2026 at Medtronic, up from $176.0 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.
  • Average Interest Expenses over 5 years is $171.7 million, with a median of $176.0 million recorded in 2025.
  • Year-over-year, Interest Expenses surged 52.54% in 2023 and dropped 13.86% in 2025.
  • Over 5 years, 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 rose by 2.76% to $186.0 million in 2026.
  • Per Business Quant data, the three most recent Interest Expenses figures were $186.0 million in Q3 2026, $176.0 million in Q2 2026, and $181.0 million in Q1 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Abbott Laboratories 183.04 Bn 177.44 Bn 7.27 Bn 351.00 Mn
2 Intuitive Surgical 125.02 Bn 119.81 Bn 1.96 Bn -
3 Medtronic 117.84 Bn 109.02 Bn 6.34 Bn 186.00 Mn
4 Stryker 105.50 Bn 102.02 Bn 4.50 Bn 141.00 Mn
5 Boston Scientific 66.27 Bn 65.73 Bn 3.85 Bn 96.00 Mn
6 Edwards Lifesciences 49.60 Bn 45.35 Bn 1.35 Bn -
7 Alcon 33.70 Bn 32.24 Bn 1.68 Bn -53.00 Mn
8 Dexcom 32.06 Bn 30.11 Bn 830.00 Mn -
9 Steris 21.02 Bn 20.54 Bn 684.20 Mn 15.80 Mn
10 Zimmer Biomet Holdings 18.20 Bn 17.79 Bn 1.54 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 186.00 Mn
Apr 24, 2026 176.00 Mn
Jan 23, 2026 181.00 Mn
Oct 24, 2025 181.00 Mn
Jul 25, 2025 176.00 Mn
Apr 25, 2025 174.00 Mn
Jan 24, 2025 179.00 Mn
Oct 25, 2024 209.00 Mn
Jul 26, 2024 167.00 Mn
Apr 26, 2024 202.00 Mn
Jan 26, 2024 188.00 Mn
Oct 27, 2023 180.00 Mn
Jul 28, 2023 148.00 Mn
Apr 28, 2023 187.00 Mn
Jan 27, 2023 167.00 Mn
Oct 28, 2022 118.00 Mn
Jul 29, 2022 164.00 Mn
Apr 29, 2022 143.00 Mn
Jan 28, 2022 137.00 Mn
Oct 29, 2021 136.00 Mn