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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 7.11 Bn |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 5.33 Bn |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 2.65 Bn |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | 931.90 Mn |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 3.42 Bn |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 2.09 Bn |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 1.59 Bn |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 392.40 Mn |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 2.67 Bn |
| 10 | MiniMed | 5.54 Bn | 5.01 Bn | 465.00 Mn | 378.00 Mn |
Historic Data
Download Data
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 |
API Access
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_KEYimport 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();