Medtronic (MDT) Revenue (2014 - 2026)
Medtronic's (MDT) quarterly Revenue came in at $9.0 billion in Q1 2026, up 8.74% year-on-year from $8.3 billion in Q1 2025, and up 0.62% quarter-over-quarter from $9.0 billion in Q4 2025.
Medtronic (MDT) Revenue (2014 - 2026) Analysis & Trends
Medtronic has disclosed Revenue across 13 years of filings, most recently posting $9.0 billion for Q1 2026.
- Revenue for Q1 2026 came in at $9.0 billion, up 8.74% year-over-year; the trailing twelve-month figure through Jan 2026 was $35.5 billion (up 6.88% YoY), and the FY2025 annual result was $33.5 billion, up 3.62% from the prior year.
- Revenue came in at $9.0 billion for Q1 2026 at Medtronic, up from $9.0 billion in the prior quarter.
- In the past five years, Revenue ranged from a high of $9.0 billion in Q1 2026 to a low of $7.4 billion in Q3 2022.
- The 5-year median for Revenue is $8.1 billion (2022), against an average of $8.2 billion.
- Across the five-year window, Revenue dropped 7.71% in 2022 and climbed 8.74% in 2026, its largest moves.
- Medtronic's Revenue stood at $7.6 billion in 2022, then advanced by 5.26% to $8.0 billion in 2023, then advanced by 5.25% to $8.4 billion in 2024, then rose by 6.64% to $9.0 billion in 2025, then climbed by 0.62% to $9.0 billion in 2026.
- The last three Revenue figures came in at $9.0 billion (Q1 2026), $9.0 billion (Q4 2025), and $8.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 11.16 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 6.02 Bn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 9.02 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 5.20 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 1.65 Bn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 4.57 Bn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 1.19 Bn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 5.13 Bn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 1.59 Bn |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 Bn | 1.51 Bn | 2.09 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | 8.19 Bn |