Medtronic (MDT) Inventory (2014 - 2026)
Medtronic's (MDT) quarterly Inventory came in at $6.3 billion in Q1 2026, up 12.46% year-on-year from $5.6 billion in Q1 2025, and up 2.49% quarter-over-quarter from $6.2 billion in Q4 2025.
Medtronic (MDT) Inventory (2014 - 2026) Analysis & Trends
Medtronic has disclosed Inventory across 13 years of filings, most recently posting $6.3 billion for Q1 2026.
- Inventory for Q1 2026 came in at $6.3 billion, up 12.46% year-over-year; the trailing twelve-month figure through Jan 2026 was $6.3 billion (up 12.46% YoY), and the FY2025 annual result was $5.5 billion, up 4.96% from the prior year.
- Inventory came in at $6.3 billion for Q1 2026 at Medtronic, up from $6.2 billion in the prior quarter.
- In the past five years, Inventory ranged from a high of $6.3 billion in Q1 2026 to a low of $4.5 billion in Q1 2022.
- The 5-year median for Inventory is $5.5 billion (2025), against an average of $5.4 billion.
- Across the five-year window, Inventory climbed 19.07% in 2023 and declined 4.78% in 2024, its largest moves.
- Medtronic's Inventory stood at $5.1 billion in 2022, then climbed by 13.83% to $5.8 billion in 2023, then slipped by 4.78% to $5.5 billion in 2024, then advanced by 12.36% to $6.2 billion in 2025, then increased by 2.49% to $6.3 billion in 2026.
- The last three Inventory figures came in at $6.3 billion (Q1 2026), $6.2 billion (Q4 2025), and $5.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 6.99 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 5.42 Bn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 6.31 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 3.12 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 1.12 Bn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 3.64 Bn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 693.60 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 2.35 Bn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 631.80 Mn |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 Bn | 1.51 Bn | 2.25 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | 4.31 Bn |