Medtronic (MDT) Inventory Average (2015 - 2026)
Medtronic's (MDT) quarterly Inventory Average came in at $6.2 billion in Q1 2026, up 12.41% year-on-year from $5.5 billion in Q1 2025, and up 3.51% quarter-over-quarter from $6.0 billion in Q4 2025.
Medtronic (MDT) Inventory Average (2015 - 2026) Analysis & Trends
Medtronic has disclosed Inventory Average across 12 years of filings, most recently posting $6.2 billion for Q1 2026.
- Inventory Average for Q1 2026 came in at $6.2 billion, up 12.41% year-over-year; the trailing twelve-month figure through Jan 2026 was $6.2 billion (up 12.41% YoY), and the FY2025 annual result was $5.3 billion, up 1.74% from the prior year.
- Inventory Average came in at $6.2 billion for Q1 2026 at Medtronic, up from $6.0 billion in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $6.2 billion in Q1 2026 to a low of $4.4 billion in Q1 2022.
- The 5-year median for Inventory Average is $5.5 billion (2024), against an average of $5.4 billion.
- Across the five-year window, Inventory Average grew 17.68% in 2023 and retreated 4.63% in 2024, its largest moves.
- Medtronic's Inventory Average stood at $4.9 billion in 2022, then increased by 15.79% to $5.7 billion in 2023, then fell by 4.63% to $5.4 billion in 2024, then rose by 10.55% to $6.0 billion in 2025, then gained by 3.51% to $6.2 billion in 2026.
- The last three Inventory Average figures came in at $6.2 billion (Q1 2026), $6.0 billion (Q4 2025), and $5.7 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 6.74 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 5.36 Bn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 6.23 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 3.03 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 | 3.49 Bn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 661.35 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 2.29 Bn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 652.65 Mn |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 Bn | 1.51 Bn | 2.27 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 23, 2026 | 6.23 Bn |
| Oct 24, 2025 | 6.02 Bn |
| Jul 25, 2025 | 5.68 Bn |
| Apr 25, 2025 | 5.54 Bn |
| Jan 24, 2025 | 5.54 Bn |
| Oct 25, 2024 | 5.45 Bn |
| Jul 26, 2024 | 5.32 Bn |
| Apr 26, 2024 | 5.47 Bn |
| Jan 26, 2024 | 5.74 Bn |
| Oct 27, 2023 | 5.71 Bn |
| Jul 28, 2023 | 5.48 Bn |
| Apr 28, 2023 | 5.33 Bn |
| Jan 27, 2023 | 5.22 Bn |
| Oct 28, 2022 | 4.93 Bn |
| Jul 29, 2022 | 4.71 Bn |
| Apr 29, 2022 | 4.57 Bn |
| Jan 28, 2022 | 4.43 Bn |
| Oct 29, 2021 | 4.32 Bn |
| Jul 30, 2021 | 4.30 Bn |
| Apr 30, 2021 | 4.41 Bn |