Medtronic (MDT) Profit After Tax (2014 - 2026)
Medtronic's (MDT) quarterly Profit After Tax came in at $1.5 billion in Q3 2026, up 41.26% year-over-year from $1.0 billion in Q3 2025, and up 17.47% quarter-over-quarter from $1.3 billion in Q2 2026.
Analysis
Medtronic (MDT) Profit After Tax (2014 - 2026) Analysis & Trends
Medtronic has disclosed Profit After Tax across 13 years of filings, most recently posting $1.5 billion for Q3 2026.
- In Q3 2026, Profit After Tax rose 41.26% year-over-year to $1.5 billion; the TTM figure through Jul 2026 stood at $5.3 billion (up 12.37% YoY), while the FY2026 annual figure was $4.8 billion, up 3.11% from the prior year.
- Profit After Tax came in at $1.5 billion for Q3 2026 at Medtronic, up from $1.3 billion in the prior quarter.
- In the past five years, Profit After Tax ranged from a high of $1.5 billion in Q2 2022 to a low of $435.0 million in Q4 2022.
- Average Profit After Tax over 5 years is $1.1 billion, with a median of $1.2 billion recorded in 2023.
- Year-over-year, Profit After Tax tumbled 66.97% in 2022 and soared 109.43% in 2023.
- Over 5 years, Profit After Tax stood at $435.0 million in 2022, then soared by 109.43% to $911.0 million in 2023, then surged by 40.29% to $1.3 billion in 2024, then rose by 8.06% to $1.4 billion in 2025, then climbed by 7.1% to $1.5 billion in 2026.
- Per Business Quant data, the three most recent Profit After Tax figures were $1.5 billion in Q3 2026, $1.3 billion in Q2 2026, and $1.2 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.86 Bn | 178.25 Bn | 7.27 Bn | 928.00 Mn |
| 2 | Intuitive Surgical | 124.18 Bn | 118.97 Bn | 1.96 Bn | 823.20 Mn |
| 3 | Medtronic | 118.18 Bn | 109.36 Bn | 6.34 Bn | 1.48 Bn |
| 4 | Stryker | 104.54 Bn | 101.07 Bn | 4.50 Bn | 1.28 Bn |
| 5 | Boston Scientific | 66.34 Bn | 65.80 Bn | 3.85 Bn | 905.00 Mn |
| 6 | Edwards Lifesciences | 49.64 Bn | 45.39 Bn | 1.35 Bn | 241.90 Mn |
| 7 | Alcon | 33.93 Bn | 32.47 Bn | 1.68 Bn | - |
| 8 | Dexcom | 32.20 Bn | 30.25 Bn | 830.00 Mn | 249.10 Mn |
| 9 | Steris | 21.14 Bn | 20.66 Bn | 684.20 Mn | 201.00 Mn |
| 10 | Zimmer Biomet Holdings | 18.11 Bn | 17.70 Bn | 1.54 Bn | 199.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.48 Bn |
| 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 | 660.00 Mn |
| Jan 26, 2024 | 1.34 Bn |
| Oct 27, 2023 | 911.00 Mn |
| Jul 28, 2023 | 797.00 Mn |
| Apr 28, 2023 | 1.19 Bn |
| Jan 27, 2023 | 1.23 Bn |
| Oct 28, 2022 | 435.00 Mn |
| Jul 29, 2022 | 931.00 Mn |
| Apr 29, 2022 | 1.49 Bn |
| Jan 28, 2022 | 1.48 Bn |
| Oct 29, 2021 | 1.32 Bn |