Medtronic plc

Medtronic plc

MDTยทNYSE

$77.95

+5.4%
HealthcareMedical - Devices

Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. Its Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor systems; TYRX products; and remote monitoring and patient-centered software. It also provides aortic valves, surgical valve replacement and repair products, endovascular stent grafts and accessories, and transcatheter pulmonary valves; and percutaneous coronary intervention products, percutaneous angioplasty balloons, and products. The company's Medical Surgical Portfolio segment offers surgical stapling devices, vessel sealing instruments, wound closure, electrosurgery products, surgical artificial intelligence and robotic-assisted surgery products, hernia mechanical devices, mesh implants, gynecology and lung products, and various therapies to treat diseases, as well as products in the fields of minimally invasive gastrointestinal and hepatologic diagnostics and therapies, patient monitoring, airway management and ventilation therapies, and renal disease. Its Neuroscience Portfolio segment offers products for spinal surgeons; neurosurgeons; neurologists; pain management specialists; anesthesiologists; orthopedic surgeons; urologists; urogynecologists; interventional radiologists; ear, nose, and throat specialists; and systems that incorporate energy surgical instruments. It also provides image-guided surgery and intra-operative imaging systems and robotic guidance systems used in robot assisted spine procedures; and therapies for vasculature in and around the brain. The company's Diabetes Operating Unit segment offers insulin pumps and consumables, continuous glucose monitoring systems, smart insulin pen systems, and consumables and supplies. The company was founded in 1949 and is headquartered in Dublin, Ireland.

At a Glance

Live Snapshot
Market Cap$100.08B
EPS3.6300
P/E Ratio21.47
Earnings Date06/03/2026
3Y+6.0%
5Y+16.0%
10Y+16.0%
3Y-7.0%
5Y-3.0%
10Y+32.0%
3Y-4.0%
5Y-3.0%
10Y+35.0%
Medtronic plc

Medtronic plc Profit Bridge

MDT ยท NYSE
Revenue33.54B
Cost of Goods Sold (11.63B)
Gross Profit21.91B
Operating Expenses (15.95B)
Operating Income5.96B
Interest Expense (729.00M)
Other Income/Expense-327.00M
Pretax Income5.63B
Income Tax (936.00M)
Net Income4.66B
Net Income
4.66B

Profitability Analysis

Gross Margin

65.3%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

17.8%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

13.9%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

16.6%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

Medtronic plc Income Statement

MDT โ€ข NYSE

Medtronic plc Income StatementApr 2025Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010Apr 2009Apr 2008Apr 2007Apr 2006
REVENUE
33.5B
32.4B
31.2B
31.7B
30.1B
28.9B
30.6B
30B
29.7B
28.8B
20.3B
17B
16.6B
16.2B
15.9B
15.8B
14.6B
13.5B
12.3B
11.3B
GROSS PROFIT
(11.6B)
(11.2B)
(10.7B)
(10.1B)
(10.5B)
(9.4B)
(9.2B)
(9.1B)
(9.3B)
(9.1B)
(6.3B)
(4.3B)
(4.1B)
(3.9B)
(3.7B)
(3.6B)
(3.5B)
(3.4B)
(3.2B)
(2.8B)
21.9B
21.1B
20.5B
21.5B
19.6B
19.5B
21.4B
20.9B
20.4B
19.7B
14B
12.7B
12.5B
12.3B
11.8B
11.8B
11.1B
10.1B
9.1B
8.5B
OPERATING INCOME
(16B)
(16B)
(15B)
(15.8B)
(15.2B)
(14.7B)
(15.1B)
(14.2B)
(15B)
(14.3B)
(10.2B)
(8.9B)
(8.1B)
(12.3B)
(11.8B)
(11.8B)
(11.1B)
(10.1B)
(9.1B)
(8.5B)
(10.8B)
(10.7B)
(10.4B)
(10.3B)
(10.1B)
(10.1B)
(10.4B)
(10.2B)
(10B)
(9.5B)
(6.9B)
(5.8B)
(5.7B)
(5.6B)
(5.4B)
(5.3B)
(5.9B)
(4.7B)
(4.2B)
(3.7B)
(2.7B)
(2.7B)
(2.7B)
(2.7B)
(2.5B)
(2.3B)
(2.3B)
(2.3B)
(2.2B)
(2.2B)
(1.6B)
(1.5B)
(1.6B)
(1.5B)
(1.5B)
(1.5B)
(1.4B)
(1.3B)
(1.2B)
(1.1B)
6B
5.1B
5.5B
5.8B
4.5B
4.8B
6.3B
6.6B
5.4B
5.4B
3.8B
3.8B
4.4B
4.5B
4.5B
4.8B
3.5B
3.7B
3.7B
3.7B
PRE-TAX INCOME
(729M)
(719M)
(636M)
(553M)
(925M)
(1.1B)
(1.4B)
(1.1B)
(1.1B)
(1.4B)
(666M)
(379M)
(388M)
(349M)
(450M)
(402M)
(371M)
(255M)
(0.0)
(0.0)
-729M
-719M
-636M
-553M
-925M
-1.1B
-1.4B
-1.1B
-1.1B
-955M
-280M
-108M
-151M
-149M
-278M
-246M
-183M
109M
0.0
0.0
(2.4B)
(2.5B)
(1.9B)
(2.8B)
(2.5B)
(2.3B)
(2.4B)
(1.8B)
(2.8B)
(2.6B)
(1.6B)
(1.5B)
(807M)
(5.2B)
(4.9B)
(5.1B)
(3.9B)
(4.1B)
(3.7B)
(3.7B)
-327M
-307M
-121M
-235M
-589M
-736M
-1.1B
-965M
-781M
-1B
-280M
-108M
-151M
-338M
-796M
-843M
-1B
-766M
-224M
-544M
5.6B
4.8B
5.4B
5.5B
3.9B
4.1B
5.2B
5.7B
4.6B
4.3B
3.5B
3.7B
4.3B
4.1B
3.7B
3.9B
2.4B
2.9B
3.5B
3.2B
NET INCOME
(936M)
(1.1B)
(1.6B)
(456M)
(265M)
-751M
(547M)
(2.6B)
(578M)
(798M)
(811M)
(640M)
(784M)
(730M)
(627M)
(870M)
(425M)
(654M)
(713M)
(614.6M)
4.7B
3.7B
3.8B
5B
3.6B
4.8B
4.6B
3.1B
4B
3.5B
2.7B
3.1B
3.5B
3.6B
3.1B
3.1B
2.2B
2.2B
2.8B
2.5B

SEC Filings

MDT - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 18, 2026
May 18, 2026
2026
8-K

8-K 2026

N/A

April 27, 2026
April 24, 2026
2026
8-K

8-K 2026

N/A

March 24, 2026
March 24, 2026
2026
10-Q

10-Q 2026 Q1

Q1

February 24, 2026
January 23, 2026
2026
8-K

8-K 2026

N/A

February 17, 2026
February 17, 2026
2026
10-Q

10-Q 2025 Q4

Q4

November 25, 2025
October 24, 2025
2025
8-K

8-K 2025

N/A

November 18, 2025
November 18, 2025
2025
8-K

8-K 2025

N/A

November 03, 2025
November 01, 2025
2025
8-K

8-K 2025

N/A

October 21, 2025
October 16, 2025
2025
8-K

8-K 2025

N/A

September 29, 2025
September 29, 2025
2025
Showing 1 to 10 of 199 filings