Medtronic (MDT) Operating Income (2014 - 2026)
Medtronic (MDT) posted Operating Income of $1.9 billion for Q2 2026, up 27.94% sequentially from $1.5 billion in Q1 2026, and up 30.43% YoY from $1.4 billion in Q2 2025.
Medtronic (MDT) Operating Income (2014 - 2026) Analysis & Trends
Medtronic has reported Operating Income for 13 years, with the latest figure at $1.9 billion in Q2 2026.
- Quarterly Operating Income rose 30.43% year-over-year to $1.9 billion in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $6.5 billion (up 8.61% YoY) and the FY2026 annual result came in at $6.5 billion, up 8.6% from the prior year.
- Operating Income advanced to $1.9 billion in Q2 2026 per MDT's latest filing, from $1.5 billion in the prior quarter.
- Over five years, Operating Income peaked at $1.9 billion in Q2 2026 and troughed at $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.
- The sharpest annual moves came in 2024 and 2025: Operating Income sank 32.72% in 2024, then jumped 36.37% in 2025.
- Over 5 years, Operating Income stood at $1.4 billion in 2022, then fell by 4.56% to $1.3 billion in 2023, then increased by 19.03% to $1.6 billion in 2024, then climbed by 5.71% to $1.7 billion in 2025, then gained by 11.09% to $1.9 billion in 2026.
- According to Business Quant data, Operating Income over the past three periods registered $1.9 billion, $1.5 billion, and $1.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.70 Bn | 194.09 Bn | 7.27 Bn | 1.69 Bn |
| 2 | Stryker | 129.93 Bn | 126.46 Bn | 4.50 Bn | 1.66 Bn |
| 3 | Medtronic | 120.49 Bn | 111.27 Bn | 6.41 Bn | 1.87 Bn |
| 4 | Boston Scientific | 74.60 Bn | 74.06 Bn | 3.85 Bn | 1.18 Bn |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.42 Bn | 1.35 Bn | 513.20 Mn |
| 6 | Dexcom | 34.78 Bn | 32.84 Bn | 830.00 Mn | 318.30 Mn |
| 7 | GE HealthCare Technologies | 33.83 Bn | 31.72 Bn | 2.18 Bn | 739.00 Mn |
| 8 | Koninklijke Philips | 26.44 Bn | 23.12 Bn | 4.55 Bn | 989.17 Mn |
| 9 | Steris | 23.18 Bn | 22.69 Bn | 684.20 Mn | 285.80 Mn |
| 10 | Zimmer Biomet Holdings | 19.40 Bn | 18.99 Bn | 1.54 Bn | 326.10 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 |