Medtronic (MDT) Interest Expenses (2014 - 2026)
Medtronic recorded quarterly Interest Expenses of $181.0 million in Q1 2026, little changed quarter-over-quarter from $181.0 million in Q4 2025, and up 1.12% year-over-year from $179.0 million in Q1 2025.
Medtronic's Interest Expenses history runs 13 years deep, the most recent figure standing at $181.0 million for Q1 2026.
- In Q1 2026, Interest Expenses rose 1.12% year-over-year to $181.0 million; the TTM figure through Jan 2026 stood at $712.0 million (down 5.94% YoY), while the FY2025 annual figure was $729.0 million, up 1.39% from the prior year.
- Interest Expenses came in at $181.0 million for Q1 2026 at Medtronic, roughly flat from $181.0 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.
- A 5-year average of $170.6 million and a median of $176.0 million in 2025 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses surged 52.54% in 2023 and dropped 13.86% in 2025, its largest moves.
- Medtronic's Interest Expenses stood at $118.0 million in 2022, then surged by 52.54% to $180.0 million in 2023, then rose by 16.11% to $209.0 million in 2024, then fell by 13.4% to $181.0 million in 2025, then changed by 0.0% to $181.0 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $181.0 million, $181.0 million, and $176.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 174.00 Mn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 148.00 Mn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 181.00 Mn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 90.00 Mn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | - |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -97.17 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 96.00 Mn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 15.10 Mn |
| 10 | Zimmer Biomet Holdings | 16.17 Bn | 15.75 Bn | 1.51 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 23, 2026 | 181.00 Mn |
| Jan 23, 2026 | 181.00 Mn |
| Oct 24, 2025 | 181.00 Mn |
| Oct 24, 2025 | 181.00 Mn |
| Jul 25, 2025 | 176.00 Mn |
| Jul 25, 2025 | 176.00 Mn |
| Apr 25, 2025 | 174.00 Mn |
| Apr 25, 2025 | 174.00 Mn |
| Jan 24, 2025 | 179.00 Mn |
| Jan 24, 2025 | 179.00 Mn |
| Oct 25, 2024 | 209.00 Mn |
| Oct 25, 2024 | 209.00 Mn |
| Jul 26, 2024 | 167.00 Mn |
| Jul 26, 2024 | 167.00 Mn |
| Apr 26, 2024 | 202.00 Mn |
| Apr 26, 2024 | 202.00 Mn |
| Jan 26, 2024 | 188.00 Mn |
| Jan 26, 2024 | 188.00 Mn |
| Oct 27, 2023 | 180.00 Mn |
| Oct 27, 2023 | 180.00 Mn |
| Jul 28, 2023 | 148.00 Mn |
| Jul 28, 2023 | 148.00 Mn |
| Apr 28, 2023 | 187.00 Mn |
| Apr 28, 2023 | 187.00 Mn |
| Jan 27, 2023 | 167.00 Mn |
| Jan 27, 2023 | 167.00 Mn |
| Oct 28, 2022 | 118.00 Mn |
| Oct 28, 2022 | 118.00 Mn |
| Jul 29, 2022 | 164.00 Mn |
| Jul 29, 2022 | 164.00 Mn |
| Apr 29, 2022 | 143.00 Mn |
| Apr 29, 2022 | 143.00 Mn |
| Jan 28, 2022 | 137.00 Mn |
| Jan 28, 2022 | 137.00 Mn |
| Oct 29, 2021 | 136.00 Mn |
| Oct 29, 2021 | 136.00 Mn |
| Jul 30, 2021 | 137.00 Mn |
| Jul 30, 2021 | 137.00 Mn |
| Apr 30, 2021 | 142.00 Mn |
| Apr 30, 2021 | 142.00 Mn |
| Jan 29, 2021 | 143.00 Mn |
| Jan 29, 2021 | 143.00 Mn |
| Oct 30, 2020 | 470.00 Mn |
| Oct 30, 2020 | 470.00 Mn |
| Jul 31, 2020 | 171.00 Mn |
| Jul 31, 2020 | 171.00 Mn |
| Apr 24, 2020 | 162.00 Mn |
| Apr 24, 2020 | 162.00 Mn |
| Jan 24, 2020 | 156.00 Mn |
| Jan 24, 2020 | 156.00 Mn |
| Oct 25, 2019 | 165.00 Mn |
| Oct 25, 2019 | 165.00 Mn |
| Jul 26, 2019 | 609.00 Mn |
| Jul 26, 2019 | 609.00 Mn |
| Apr 26, 2019 | 718.00 Mn |
| Apr 26, 2019 | 718.00 Mn |
| Jan 25, 2019 | 243.00 Mn |
| Jan 25, 2019 | 243.00 Mn |
| Oct 26, 2018 | 241.00 Mn |
| Oct 26, 2018 | 241.00 Mn |
| Jul 27, 2018 | 242.00 Mn |
| Jul 27, 2018 | 242.00 Mn |
| Apr 27, 2018 | 317.00 Mn |
| Apr 27, 2018 | 317.00 Mn |
| Jan 26, 2018 | 270.00 Mn |
| Jan 26, 2018 | 270.00 Mn |
| Oct 27, 2017 | 273.00 Mn |
| Oct 27, 2017 | 273.00 Mn |
| Jul 28, 2017 | 286.00 Mn |
| Jul 28, 2017 | 286.00 Mn |
| Apr 28, 2017 | 290.00 Mn |
| Apr 28, 2017 | 290.00 Mn |
| Jan 27, 2017 | 268.00 Mn |
| Jan 27, 2017 | 268.00 Mn |
| Oct 28, 2016 | 264.00 Mn |
| Oct 28, 2016 | 264.00 Mn |
| Jul 29, 2016 | 272.00 Mn |
| Jul 29, 2016 | 272.00 Mn |
| Apr 29, 2016 | 481.00 Mn |
| Apr 29, 2016 | 481.00 Mn |
| Jan 29, 2016 | 275.00 Mn |
| Jan 29, 2016 | 275.00 Mn |
| Oct 30, 2015 | 324.00 Mn |
| Oct 30, 2015 | 324.00 Mn |
| Jul 31, 2015 | 306.00 Mn |
| Jul 31, 2015 | 306.00 Mn |
| Apr 24, 2015 | 298.00 Mn |
| Apr 24, 2015 | 298.00 Mn |
| Jan 23, 2015 | 176.00 Mn |
| Jan 23, 2015 | 176.00 Mn |
| Oct 24, 2014 | 94.00 Mn |
| Oct 24, 2014 | 94.00 Mn |
| Jul 25, 2014 | 97.00 Mn |
| Jul 25, 2014 | 97.00 Mn |