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
DateValue
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