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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |