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
DateValue
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