MiniMed (MMED) Cost of Revenue (2025 - 2026)
MiniMed (MMED) reported Cost of Revenue of $378 million for Q1 2027, up 20.4% from $314 million a year earlier and up 5.9% from the prior quarter.
MiniMed (MMED) Cost of Revenue (2025 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, MiniMed's Cost of Revenue came in at $1.48 billion; for FY2026, it was $1.42 billion, up 19.8% from FY2025.
- By year, Cost of Revenue came in at $1.19 billion in FY2025 (+15.0%) and $1.03 billion in FY2024.
- Five-year quarterly Cost of Revenue spans a low of $292 million in Q3 2025 and a high of $428 million in Q3 2026.
- Year over year, Cost of Revenue has now increased in each of the last three quarters.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 7.01 Bn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 5.63 Bn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 2.72 Bn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 964.40 Mn |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 3.42 Bn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 2.27 Bn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 1.71 Bn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 369.20 Mn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 5.93 Bn |
| 10 | MiniMed | 4.88 Bn | 4.36 Bn | 465.00 Mn | 378.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 378.00 Mn |
| Apr 24, 2026 | 357.00 Mn |
| Jan 23, 2026 | 428.00 Mn |
| Jul 25, 2025 | 314.00 Mn |
| Apr 25, 2025 | 318.00 Mn |
| Jan 24, 2025 | 292.00 Mn |
MiniMed Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MMED&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "MMED", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MMED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();