MiniMed (MMED) Operating Margin (2025 - 2026)
MiniMed's Operating Margin was 0.59% in Q1 2027, up 2.39 percentage points from -1.80% a year earlier and up 11.70 percentage points from the prior quarter.
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Analysis
MiniMed (MMED) Operating Margin (2025 - 2026) Analysis & Trends
On a trailing twelve-month basis, MiniMed's Operating Margin was -6.30% through Jul 31, 2026; for FY2026, it was -6.13%, down 0.75 percentage points from FY2025.
- In earlier years, Operating Margin was -5.38% in FY2025 (-2.58 pp) and -2.79% in FY2024.
- The Q1 2027 figure marks the highest quarterly Operating Margin since Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 18.65% |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 10.44% |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 19.00% |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 19.44% |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 18.08% |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 15.86% |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 16.12% |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 17.44% |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 6.36% |
| 10 | MiniMed | 4.88 Bn | 4.36 Bn | 465.00 Mn | 0.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.59% |
| Apr 24, 2026 | -11.11% |
| Jan 23, 2026 | -12.66% |
| Jul 25, 2025 | -1.80% |
| Apr 25, 2025 | -20.44% |
| Jan 24, 2025 | 3.06% |
API Access
MiniMed Operating Margin 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=operating-margin&ticker=MMED&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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=operating-margin&ticker=MMED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();