Medtronic (MDT) Revenue (2014 - 2026)
Medtronic (MDT) posted Revenue of $9.8 billion for Q2 2026, up 8.76% sequentially from $9.0 billion in Q1 2026, and up 9.86% YoY from $8.9 billion in Q2 2025.
Medtronic (MDT) Revenue (2014 - 2026) Analysis & Trends
Medtronic has reported Revenue for 13 years, with the latest figure at $9.8 billion in Q2 2026.
- Quarterly Revenue rose 9.86% year-over-year to $9.8 billion in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $36.4 billion (up 8.43% YoY) and the FY2026 annual result came in at $36.4 billion, up 8.43% from the prior year.
- Revenue advanced to $9.8 billion in Q2 2026 per MDT's latest filing, from $9.0 billion in the prior quarter.
- Over five years, Revenue peaked at $9.8 billion in Q2 2026 and troughed at $7.4 billion in Q3 2022.
- A 5-year average of $8.3 billion and a median of $8.2 billion in 2022 frame the typical range for Revenue.
- The sharpest annual moves came in 2022 and 2026: Revenue fell 7.71% in 2022, then rose 9.86% in 2026.
- Over 5 years, Revenue stood at $7.6 billion in 2022, then grew by 5.26% to $8.0 billion in 2023, then grew by 5.25% to $8.4 billion in 2024, then advanced by 6.64% to $9.0 billion in 2025, then climbed by 9.44% to $9.8 billion in 2026.
- According to Business Quant data, Revenue over the past three periods registered $9.8 billion, $9.0 billion, and $9.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 196.58 Bn | 190.98 Bn | 7.27 Bn | 12.59 Bn |
| 2 | Stryker | 127.35 Bn | 123.88 Bn | 4.50 Bn | 6.59 Bn |
| 3 | Medtronic | 118.25 Bn | 109.03 Bn | 6.41 Bn | 9.81 Bn |
| 4 | Boston Scientific | 74.32 Bn | 73.78 Bn | 3.85 Bn | 5.44 Bn |
| 5 | Edwards Lifesciences | 52.61 Bn | 48.36 Bn | 1.35 Bn | 1.74 Bn |
| 6 | Dexcom | 34.26 Bn | 33.16 Bn | 830.00 Mn | 1.31 Bn |
| 7 | GE HealthCare Technologies | 32.92 Bn | 30.82 Bn | 2.18 Bn | 5.30 Bn |
| 8 | Smith & Nephew | 26.16 Bn | 25.41 Bn | - | - |
| 9 | Koninklijke Philips | 25.91 Bn | 22.58 Bn | 4.55 Bn | 9.61 Bn |
| 10 | Steris | 22.74 Bn | 22.25 Bn | 684.20 Mn | 1.49 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | 9.81 Bn |
| Jan 23, 2026 | 9.02 Bn |
| Oct 24, 2025 | 8.96 Bn |
| Jul 25, 2025 | 8.58 Bn |
| Apr 25, 2025 | 8.93 Bn |
| Jan 24, 2025 | 8.29 Bn |
| Oct 25, 2024 | 8.40 Bn |
| Jul 26, 2024 | 7.92 Bn |
| Apr 26, 2024 | 8.59 Bn |
| Jan 26, 2024 | 8.09 Bn |
| Oct 27, 2023 | 7.98 Bn |
| Jul 28, 2023 | 7.70 Bn |
| Apr 28, 2023 | 8.55 Bn |
| Jan 27, 2023 | 7.73 Bn |
| Oct 28, 2022 | 7.59 Bn |
| Jul 29, 2022 | 7.37 Bn |
| Apr 29, 2022 | 8.09 Bn |
| Jan 28, 2022 | 7.76 Bn |
| Oct 29, 2021 | 7.85 Bn |
| Jul 30, 2021 | 7.99 Bn |