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| 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 |