Medtronic (MDT) Net Income (2014 - 2026)
Medtronic (MDT) posted Net Income of $1.3 billion for Q2 2026, up 9.48% sequentially from $1.2 billion in Q1 2026, and up 18.55% YoY from $1.1 billion in Q2 2025.
Medtronic (MDT) Net Income (2014 - 2026) Analysis & Trends
Medtronic has reported Net Income for 13 years, with the latest figure at $1.3 billion in Q2 2026.
- Quarterly Net Income rose 18.55% year-over-year to $1.3 billion in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $4.8 billion (up 3.13% YoY) and the FY2026 annual result came in at $4.8 billion, up 3.09% from the prior year.
- Net Income grew to $1.3 billion in Q2 2026 per MDT's latest filing, from $1.2 billion in the prior quarter.
- Over five years, Net Income peaked at $1.5 billion in Q2 2022 and troughed at $436.0 million in Q4 2022.
- A 5-year average of $1.1 billion and a median of $1.2 billion in 2023 frame the typical range for Net Income.
- The sharpest annual moves came in 2022 and 2023: Net Income plunged 66.89% in 2022, then jumped 108.94% in 2023.
- Over 5 years, Net Income stood at $436.0 million in 2022, then surged by 108.94% to $911.0 million in 2023, then jumped by 40.29% to $1.3 billion in 2024, then advanced by 8.14% to $1.4 billion in 2025, then fell by 8.9% to $1.3 billion in 2026.
- According to Business Quant data, Net Income over the past three periods registered $1.3 billion, $1.2 billion, and $1.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.49 Bn | 193.88 Bn | 7.27 Bn | 928.00 Mn |
| 2 | Stryker | 127.80 Bn | 124.32 Bn | 4.50 Bn | 1.28 Bn |
| 3 | Medtronic | 118.98 Bn | 109.76 Bn | 6.41 Bn | 1.26 Bn |
| 4 | Boston Scientific | 73.58 Bn | 73.04 Bn | 3.85 Bn | 905.00 Mn |
| 5 | Edwards Lifesciences | 51.93 Bn | 47.68 Bn | 1.35 Bn | 241.40 Mn |
| 6 | Dexcom | 34.34 Bn | 32.39 Bn | 830.00 Mn | 249.10 Mn |
| 7 | GE HealthCare Technologies | 33.76 Bn | 31.66 Bn | 2.18 Bn | 574.00 Mn |
| 8 | Koninklijke Philips | 26.37 Bn | 23.05 Bn | 4.55 Bn | 618.38 Mn |
| 9 | Steris | 23.07 Bn | 22.59 Bn | 684.20 Mn | 201.00 Mn |
| 10 | Zimmer Biomet Holdings | 19.23 Bn | 18.82 Bn | 1.54 Bn | 199.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | 1.26 Bn |
| Jan 23, 2026 | 1.15 Bn |
| Oct 24, 2025 | 1.38 Bn |
| Jul 25, 2025 | 1.05 Bn |
| Apr 25, 2025 | 1.06 Bn |
| Jan 24, 2025 | 1.30 Bn |
| Oct 25, 2024 | 1.28 Bn |
| Jul 26, 2024 | 1.05 Bn |
| Apr 26, 2024 | 658.00 Mn |
| Jan 26, 2024 | 1.34 Bn |
| Oct 27, 2023 | 911.00 Mn |
| Jul 28, 2023 | 796.00 Mn |
| Apr 28, 2023 | 1.19 Bn |
| Jan 27, 2023 | 1.23 Bn |
| Oct 28, 2022 | 436.00 Mn |
| Jul 29, 2022 | 932.00 Mn |
| Apr 29, 2022 | 1.49 Bn |
| Jan 28, 2022 | 1.48 Bn |
| Oct 29, 2021 | 1.32 Bn |
| Jul 30, 2021 | 769.00 Mn |