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
DateValue
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