Medtronic (MDT) Profit After Tax (2014 - 2026)
Medtronic (MDT) reported Profit After Tax of $1.48 billion for fiscal Q1 2027 (quarter ended Jul 31, 2026), up 41.4% from $1.05 billion a year earlier and up 17.6% from the prior quarter.
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Analysis
Medtronic (MDT) Profit After Tax (2014 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Medtronic's Profit After Tax came in at $5.27 billion, up 12.4% year-over-year; for FY2026 (ended Apr 24, 2026), it came in at $4.84 billion, up 3.1% from FY2025.
- Profit After Tax has a five-year compound annual growth rate of 5.9% (FY2021 to FY2026).
- By fiscal year, Profit After Tax came in at $4.69 billion in FY2025 (+26.7%), $3.7 billion in FY2024 (-2.1%), $3.78 billion in FY2023 (-25.2%) and $5.06 billion in FY2022 (+39.4%).
- The fiscal Q1 2027 figure ranks as the highest quarterly Profit After Tax since fiscal Q4 2022.
- Year over year, Profit After Tax gained in five of the last eight quarters, with growth averaging 19.4%.
- The high point for year-over-year Profit After Tax in five years was fiscal Q2 2022 (growth of 166.6%); the low point was fiscal Q2 2023 (a decline of 66.9%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $1.26 billion (Q4 2026), $1.15 billion (Q3 2026) and $1.38 billion (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 241.25 Bn | 220.40 Bn | 4.88 Bn | 1.76 Bn |
| 2 | Abbott Laboratories | 167.33 Bn | 138.41 Bn | 7.27 Bn | 928.00 Mn |
| 3 | Danaher | 148.83 Bn | 132.65 Bn | 3.61 Bn | 870.00 Mn |
| 4 | Intuitive Surgical | 142.00 Bn | 121.55 Bn | 1.96 Bn | 823.20 Mn |
| 5 | Medtronic | 110.70 Bn | 76.57 Bn | 6.34 Bn | 1.48 Bn |
| 6 | Stryker | 104.72 Bn | 90.84 Bn | 4.50 Bn | 1.28 Bn |
| 7 | Boston Scientific | 62.66 Bn | 57.67 Bn | 3.85 Bn | 905.00 Mn |
| 8 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 241.40 Mn |
| 9 | Becton Dickinson | 48.51 Bn | 45.66 Bn | 2.32 Bn | 452.00 Mn |
| 10 | Agilent Technologies | 46.99 Bn | 39.88 Bn | 1.04 Bn | 362.00 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 | 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 |
API Access
Medtronic Profit After Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=profit-after-tax&ticker=MDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "ticker": "MDT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=profit-after-tax&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();