Medtronic (MDT) Operating Income (2014 - 2026)
Medtronic (MDT) reported Operating Income of $1.9 billion for Q2 2026, up 30.43% on a YoY basis from $1.4 billion in Q2 2025, and up 27.94% sequentially from $1.5 billion in Q1 2026.
Medtronic (MDT) Operating Income (2014 - 2026) Analysis & Trends
Medtronic (MDT) has 13 years of Operating Income data on file, last reported at $1.9 billion in Q2 2026.
- For the quarter ending Q2 2026, Operating Income rose 30.43% year-over-year to $1.9 billion; the trailing twelve-month figure through Apr 2026 stood at $6.5 billion (up 8.61% YoY), and the FY2026 full-year result was $6.5 billion, up 8.6% from the prior year.
- Operating Income advanced to $1.9 billion in Q2 2026, from $1.5 billion in the prior quarter.
- In the past five years, Operating Income ranged from a high of $1.9 billion in Q2 2026 to a low of $1.1 billion in Q2 2024.
- A 5-year average of $1.5 billion and a median of $1.5 billion in 2025 frame the typical range for Operating Income.
- Across the five-year window, Operating Income tumbled 32.72% in 2024 and surged 36.37% in 2025, its largest moves.
- Tracing MDT's Operating Income over 5 years: stood at $1.4 billion in 2022, then slipped by 4.56% to $1.3 billion in 2023, then advanced by 19.03% to $1.6 billion in 2024, then rose by 5.71% to $1.7 billion in 2025, then grew by 11.09% to $1.9 billion in 2026.
- Business Quant data shows MDT's Operating Income at $1.9 billion in Q2 2026, $1.5 billion in Q1 2026, and $1.7 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 1.35 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 936.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 1.87 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 1.10 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 477.60 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 255.30 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 282.15 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 515.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | 316.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | 1.87 Bn |
| Jan 23, 2026 | 1.46 Bn |
| Oct 24, 2025 | 1.69 Bn |
| Jul 25, 2025 | 1.45 Bn |
| Apr 25, 2025 | 1.44 Bn |
| Jan 24, 2025 | 1.65 Bn |
| Oct 25, 2024 | 1.60 Bn |
| Jul 26, 2024 | 1.28 Bn |
| Apr 26, 2024 | 1.05 Bn |
| Jan 26, 2024 | 1.48 Bn |
| Oct 27, 2023 | 1.34 Bn |
| Jul 28, 2023 | 1.27 Bn |
| Apr 28, 2023 | 1.57 Bn |
| Jan 27, 2023 | 1.39 Bn |
| Oct 28, 2022 | 1.40 Bn |
| Jul 29, 2022 | 1.13 Bn |
| Apr 29, 2022 | 1.67 Bn |
| Jan 28, 2022 | 1.66 Bn |
| Oct 29, 2021 | 1.56 Bn |
| Jul 30, 2021 | 859.00 Mn |