Medtronic (MDT) Revenue (2014 - 2026)

Medtronic (MDT) reported Revenue of $9.8 billion for Q2 2026, up 9.86% on a YoY basis from $8.9 billion in Q2 2025, and up 8.76% sequentially from $9.0 billion in Q1 2026.

Medtronic (MDT) Revenue (2014 - 2026) Analysis & Trends

Medtronic (MDT) has 13 years of Revenue data on file, last reported at $9.8 billion in Q2 2026.

  • For the quarter ending Q2 2026, Revenue rose 9.86% year-over-year to $9.8 billion; the trailing twelve-month figure through Apr 2026 stood at $36.4 billion (up 8.43% YoY), and the FY2026 full-year result was $36.4 billion, up 8.43% from the prior year.
  • Revenue advanced to $9.8 billion in Q2 2026, from $9.0 billion in the prior quarter.
  • In the past five years, Revenue ranged from a high of $9.8 billion in Q2 2026 to a low of $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.
  • Across the five-year window, Revenue dropped 7.71% in 2022 and grew 9.86% in 2026, its largest moves.
  • Tracing MDT's Revenue over 5 years: stood at $7.6 billion in 2022, then gained by 5.26% to $8.0 billion in 2023, then gained by 5.25% to $8.4 billion in 2024, then increased by 6.64% to $9.0 billion in 2025, then rose by 9.44% to $9.8 billion in 2026.
  • Business Quant data shows MDT's Revenue at $9.8 billion in Q2 2026, $9.0 billion in Q1 2026, and $9.0 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 11.16 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 6.02 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 9.81 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 5.20 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 1.65 Bn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 1.19 Bn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn 4.57 Bn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 5.13 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Steris 20.59 Bn 20.16 Bn 697.10 Mn 1.59 Bn

Historic Data

Download Data
DateValue
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