Medtronic (MDT) Inventory Average (2015 - 2026)
Medtronic (MDT) reported Inventory Average of $6.1 billion for Q2 2026, up 10.59% on a YoY basis from $5.5 billion in Q2 2025, and down 1.64% sequentially from $6.2 billion in Q1 2026.
Medtronic (MDT) Inventory Average (2015 - 2026) Analysis & Trends
Medtronic (MDT) has 12 years of Inventory Average data on file, last reported at $6.1 billion in Q2 2026.
- For the quarter ending Q2 2026, Inventory Average rose 10.59% year-over-year to $6.1 billion; the trailing twelve-month figure through Apr 2026 stood at $6.1 billion (up 10.59% YoY), and the FY2026 full-year result was $5.7 billion, up 6.86% from the prior year.
- Inventory Average slipped to $6.1 billion in Q2 2026, from $6.2 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.
- A 5-year average of $5.4 billion and a median of $5.5 billion in 2023 frame the typical range for Inventory Average.
- Across the five-year window, Inventory Average grew 17.68% in 2023 and retreated 4.63% in 2024, its largest moves.
- Tracing MDT's Inventory Average over 5 years: stood at $4.9 billion in 2022, then grew by 15.79% to $5.7 billion in 2023, then declined by 4.63% to $5.4 billion in 2024, then increased by 10.55% to $6.0 billion in 2025, then rose by 1.81% to $6.1 billion in 2026.
- Business Quant data shows MDT's Inventory Average at $6.1 billion in Q2 2026, $6.2 billion in Q1 2026, and $6.0 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 6.74 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 5.36 Bn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 6.13 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 3.03 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 1.12 Bn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 661.35 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 3.49 Bn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 2.29 Bn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | 2.29 Bn |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | 652.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | 6.13 Bn |
| 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 |