Medtronic (MDT) Interest Expenses (2013 - 2026)
Medtronic (MDT) posted Interest Expenses of -$103.0 million for Q2 2026, down 103.81% sequentially from $2.7 billion in Q1 2026, and down 33.77% YoY from -$155.5 million in Q2 2025.
Medtronic (MDT) Interest Expenses (2013 - 2026) Analysis & Trends
Medtronic has reported Interest Expenses for 14 years, with the latest figure at -$103.0 million in Q2 2026.
- Quarterly Interest Expenses fell 33.77% year-over-year to -$103.0 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was -$336.0 million (down 2900.0% YoY) and the FY2026 annual result came in at $12.3 billion, down 2.85% from the prior year.
- Interest Expenses slipped to -$103.0 million in Q2 2026 per MDT's latest filing, from $2.7 billion in the prior quarter.
- Over five years, Interest Expenses peaked at $2.7 billion in Q3 2024 and troughed at -$103.0 million in Q2 2026.
- A 5-year average of $1.8 billion and a median of $2.5 billion in 2022 frame the typical range for Interest Expenses.
- The widest YoY moves for Interest Expenses: up 62.5% in 2023, down 124.08% in 2023.
- Over 5 years, Interest Expenses stood at $2.4 billion in 2022, then climbed by 8.33% to $2.6 billion in 2023, then advanced by 3.85% to $2.7 billion in 2024, then changed by 0.0% to $2.7 billion in 2025, then tumbled by 103.81% to -$103.0 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered -$103.0 million, $2.7 billion, and $2.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.70 Bn | 194.09 Bn | 7.27 Bn | 351.00 Mn |
| 2 | Stryker | 129.93 Bn | 126.46 Bn | 4.50 Bn | 141.00 Mn |
| 3 | Medtronic | 120.49 Bn | 111.27 Bn | 6.41 Bn | 176.00 Mn |
| 4 | Boston Scientific | 74.60 Bn | 74.06 Bn | 3.85 Bn | 96.00 Mn |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.42 Bn | 1.35 Bn | - |
| 6 | Dexcom | 34.78 Bn | 32.84 Bn | 830.00 Mn | - |
| 7 | GE HealthCare Technologies | 33.83 Bn | 31.72 Bn | 2.18 Bn | 114.00 Mn |
| 8 | Koninklijke Philips | 26.44 Bn | 23.12 Bn | 4.55 Bn | -110.42 Mn |
| 9 | Steris | 23.18 Bn | 22.69 Bn | 684.20 Mn | 15.80 Mn |
| 10 | Zimmer Biomet Holdings | 19.40 Bn | 18.99 Bn | 1.54 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | -103.00 Mn |
| Apr 24, 2026 | -103.00 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 | -77.00 Mn |
| Apr 25, 2025 | -77.00 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 | -97.00 Mn |
| Apr 26, 2024 | -97.00 Mn |
| Jan 26, 2024 | 2.60 Bn |
| Jan 26, 2024 | 2.60 Bn |