Medtronic (MDT) Inventory (2014 - 2026)
Medtronic (MDT) posted Inventory of $6.0 billion for Q2 2026, down 5.67% sequentially from $6.3 billion in Q1 2026, and up 8.67% YoY from $5.5 billion in Q2 2025.
Medtronic (MDT) Inventory (2014 - 2026) Analysis & Trends
Medtronic has reported Inventory for 13 years, with the latest figure at $6.0 billion in Q2 2026.
- Quarterly Inventory rose 8.67% year-over-year to $6.0 billion in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $6.0 billion (up 8.67% YoY) and the FY2026 annual result came in at $6.0 billion, up 8.67% from the prior year.
- Inventory declined to $6.0 billion in Q2 2026 per MDT's latest filing, from $6.3 billion in the prior quarter.
- Over five years, Inventory peaked at $6.3 billion in Q1 2026 and troughed at $4.5 billion in Q1 2022.
- A 5-year average of $5.5 billion and a median of $5.5 billion in 2024 frame the typical range for Inventory.
- The sharpest annual moves came in 2023 and 2024: Inventory increased 19.07% in 2023, then retreated 4.78% in 2024.
- Over 5 years, Inventory stood at $5.1 billion in 2022, then increased by 13.83% to $5.8 billion in 2023, then declined by 4.78% to $5.5 billion in 2024, then grew by 12.36% to $6.2 billion in 2025, then dropped by 3.33% to $6.0 billion in 2026.
- According to Business Quant data, Inventory over the past three periods registered $6.0 billion, $6.3 billion, and $6.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.12 Bn | 193.52 Bn | 7.27 Bn | 7.32 Bn |
| 2 | Stryker | 128.79 Bn | 125.32 Bn | 4.50 Bn | 5.52 Bn |
| 3 | Medtronic | 119.30 Bn | 110.08 Bn | 6.41 Bn | 5.95 Bn |
| 4 | Boston Scientific | 73.50 Bn | 72.96 Bn | 3.85 Bn | 3.24 Bn |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.86 Bn | 1.35 Bn | 1.13 Bn |
| 6 | Dexcom | 34.62 Bn | 32.67 Bn | 830.00 Mn | 726.40 Mn |
| 7 | GE HealthCare Technologies | 34.05 Bn | 31.94 Bn | 2.18 Bn | 2.48 Bn |
| 8 | Koninklijke Philips | 26.42 Bn | 23.10 Bn | 4.55 Bn | 3.74 Bn |
| 9 | Steris | 23.15 Bn | 22.67 Bn | 684.20 Mn | 712.10 Mn |
| 10 | Zimmer Biomet Holdings | 19.32 Bn | 18.91 Bn | 1.54 Bn | 2.27 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | 5.95 Bn |
| Jan 23, 2026 | 6.31 Bn |
| Oct 24, 2025 | 6.16 Bn |
| Jul 25, 2025 | 5.89 Bn |
| Apr 25, 2025 | 5.48 Bn |
| Jan 24, 2025 | 5.61 Bn |
| Oct 25, 2024 | 5.48 Bn |
| Jul 26, 2024 | 5.41 Bn |
| Apr 26, 2024 | 5.22 Bn |
| Jan 26, 2024 | 5.73 Bn |
| Oct 27, 2023 | 5.75 Bn |
| Jul 28, 2023 | 5.67 Bn |
| Apr 28, 2023 | 5.29 Bn |
| Jan 27, 2023 | 5.38 Bn |
| Oct 28, 2022 | 5.06 Bn |
| Jul 29, 2022 | 4.81 Bn |
| Apr 29, 2022 | 4.62 Bn |
| Jan 28, 2022 | 4.51 Bn |
| Oct 29, 2021 | 4.35 Bn |
| Jul 30, 2021 | 4.29 Bn |