Medtronic (MDT) Inventory Average (2015 - 2026)
Medtronic (MDT) posted Inventory Average of $6.1 billion for Q2 2026, down 1.64% sequentially from $6.2 billion in Q1 2026, and up 10.59% YoY from $5.5 billion in Q2 2025.
Medtronic (MDT) Inventory Average (2015 - 2026) Analysis & Trends
Medtronic has reported Inventory Average for 12 years, with the latest figure at $6.1 billion in Q2 2026.
- Quarterly Inventory Average rose 10.59% year-over-year to $6.1 billion in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $6.1 billion (up 10.59% YoY) and the FY2026 annual result came in at $5.7 billion, up 6.86% from the prior year.
- Inventory Average slipped to $6.1 billion in Q2 2026 per MDT's latest filing, from $6.2 billion in the prior quarter.
- Over five years, Inventory Average peaked at $6.2 billion in Q1 2026 and troughed at $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.
- The sharpest annual moves came in 2023 and 2024: Inventory Average rose 17.68% in 2023, then slipped 4.63% in 2024.
- Over 5 years, Inventory Average stood at $4.9 billion in 2022, then gained by 15.79% to $5.7 billion in 2023, then decreased by 4.63% to $5.4 billion in 2024, then advanced by 10.55% to $6.0 billion in 2025, then climbed by 1.81% to $6.1 billion in 2026.
- According to Business Quant data, Inventory Average over the past three periods registered $6.1 billion, $6.2 billion, and $6.0 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 Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.61 Bn | 194.01 Bn | 7.27 Bn | 7.15 Bn |
| 2 | Stryker | 127.81 Bn | 124.34 Bn | 4.50 Bn | 5.47 Bn |
| 3 | Medtronic | 119.04 Bn | 109.82 Bn | 6.41 Bn | 6.13 Bn |
| 4 | Boston Scientific | 73.68 Bn | 73.14 Bn | 3.85 Bn | 3.18 Bn |
| 5 | Edwards Lifesciences | 51.96 Bn | 47.71 Bn | 1.35 Bn | 1.13 Bn |
| 6 | Dexcom | 34.36 Bn | 32.41 Bn | 830.00 Mn | 710.00 Mn |
| 7 | GE HealthCare Technologies | 33.83 Bn | 31.72 Bn | 2.18 Bn | 2.42 Bn |
| 8 | Koninklijke Philips | 26.36 Bn | 23.04 Bn | 4.55 Bn | 3.69 Bn |
| 9 | Steris | 23.06 Bn | 22.58 Bn | 684.20 Mn | 671.95 Mn |
| 10 | Zimmer Biomet Holdings | 19.25 Bn | 18.84 Bn | 1.54 Bn | 2.26 Bn |
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 |