Medtronic (MDT) Revenue (2014 - 2026)
Medtronic's (MDT) quarterly Revenue came in at $9.8 billion in Q3 2026, up 13.73% year-over-year from $8.6 billion in Q3 2025, and down 0.52% quarter-over-quarter from $9.8 billion in Q2 2026.
Analysis
Medtronic (MDT) Revenue (2014 - 2026) Analysis & Trends
Medtronic has disclosed Revenue across 13 years of filings, most recently posting $9.8 billion for Q3 2026.
- In Q3 2026, Revenue rose 13.73% year-over-year to $9.8 billion; the TTM figure through Jul 2026 stood at $37.5 billion (up 9.77% YoY), while the FY2026 annual figure was $36.4 billion, up 8.43% from the prior year.
- Revenue came in at $9.8 billion for Q3 2026 at Medtronic, down from $9.8 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.
- Average Revenue over 5 years is $8.4 billion, with a median of $8.3 billion recorded in 2025.
- Year-over-year, Revenue declined 7.71% in 2022 and gained 13.73% in 2026.
- Over 5 years, 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 rose by 8.87% to $9.8 billion in 2026.
- Per Business Quant data, the three most recent Revenue figures were $9.8 billion in Q3 2026, $9.8 billion in Q2 2026, and $9.0 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 187.42 Bn | 182.47 Bn | 7.27 Bn | 12.59 Bn |
| 2 | Intuitive Surgical | 129.78 Bn | 124.69 Bn | 1.96 Bn | 2.89 Bn |
| 3 | Medtronic | 120.53 Bn | 112.33 Bn | 6.34 Bn | 9.76 Bn |
| 4 | Stryker | 116.28 Bn | 112.80 Bn | 4.50 Bn | 6.59 Bn |
| 5 | Boston Scientific | 69.29 Bn | 68.99 Bn | 3.85 Bn | 5.44 Bn |
| 6 | Edwards Lifesciences | 51.83 Bn | 47.68 Bn | 1.35 Bn | 1.74 Bn |
| 7 | Alcon | 34.36 Bn | 32.91 Bn | 1.68 Bn | 2.78 Bn |
| 8 | Dexcom | 33.17 Bn | 31.23 Bn | 830.00 Mn | 1.31 Bn |
| 9 | Steris | 21.90 Bn | 21.43 Bn | 684.20 Mn | 1.49 Bn |
| 10 | Zimmer Biomet Holdings | 18.70 Bn | 18.30 Bn | 1.54 Bn | 2.18 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 9.76 Bn |
| 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 |