Medtronic (MDT) Net Income (2014 - 2026)
Medtronic's (MDT) quarterly Net Income came in at $1.2 billion in Q1 2026, down 11.74% year-on-year from $1.3 billion in Q1 2025, and down 16.79% quarter-over-quarter from $1.4 billion in Q4 2025.
Medtronic (MDT) Net Income (2014 - 2026) Analysis & Trends
Medtronic has disclosed Net Income across 13 years of filings, most recently posting $1.2 billion for Q1 2026.
- Net Income for Q1 2026 came in at $1.2 billion, down 11.74% year-over-year; the trailing twelve-month figure through Jan 2026 was $4.6 billion (up 8.26% YoY), and the FY2025 annual result was $4.7 billion, up 26.67% from the prior year.
- Net Income came in at $1.2 billion for Q1 2026 at Medtronic, down from $1.4 billion in the prior quarter.
- In the past five years, Net Income ranged from a high of $1.5 billion in Q2 2022 to a low of $436.0 million in Q4 2022.
- The 5-year median for Net Income is $1.2 billion (2026), against an average of $1.1 billion.
- Across the five-year window, Net Income plunged 66.89% in 2022 and surged 108.94% in 2023, its largest moves.
- Medtronic's Net Income stood at $436.0 million in 2022, then soared by 108.94% to $911.0 million in 2023, then surged by 40.29% to $1.3 billion in 2024, then rose by 8.14% to $1.4 billion in 2025, then declined by 16.79% to $1.2 billion in 2026.
- The last three Net Income figures came in at $1.2 billion (Q1 2026), $1.4 billion (Q4 2025), and $1.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 1.08 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 745.00 Mn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 1.15 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 1.34 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | - |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 273.95 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 199.50 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 411.00 Mn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | - |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 Bn | 1.51 Bn | 238.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | 1.37 Bn |