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
DateValue
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