Medtronic revenue and financials
$87.09Change from previous close: −1.00%Absolute change: −$0.88
In the fiscal year ended April 2026, Medtronic reported revenue of $36.36B (+8.43% year over year). Net income was $4.8B, a net margin of 13.2%.
Fiscal year ending in April. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +8.43%
- FY to Apr 2026 vs FY to Apr 2025
- Net income growth
- +2.98%
- FY to Apr 2026 vs FY to Apr 2025
- Net margin
- 13.2%
- FY to Apr 2025: 13.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | FY to Apr 2026 | FY to Apr 2025 | FY to Apr 2024 | FY to Apr 2023 | FY to Apr 2022 | FY to Apr 2021 | FY to Apr 2020 | FY to Apr 2019 | FY to Apr 2018 | FY to Apr 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 93,028 | 91,680 | 89,981 | 90,948 | 90,981 | 93,083 | 90,689 | 89,694 | 91,393 | 99,857 |
| Current assets | 24,787 | 23,814 | 21,935 | 21,675 | 23,059 | 22,548 | 22,031 | 21,967 | 22,980 | 24,873 |
| Cash and equivalents | 1,949 | 2,218 | 1,284 | 1,543 | 3,714 | 3,593 | 4,140 | 4,393 | 3,669 | 4,967 |
| Short-term investments | 7,271 | 6,747 | 6,721 | 6,416 | 6,859 | — | — | — | — | — |
| Receivables | 6,643 | 6,515 | 6,128 | 5,998 | 7,650 | — | — | — | — | — |
| Inventory | 5,951 | 5,476 | 5,217 | 5,293 | 4,616 | — | — | — | — | — |
| Net property, plant and equipment | 8,614 | 7,937 | 7,143 | 6,610 | 6,267 | — | — | — | — | — |
| Goodwill | 42,587 | 41,737 | 40,986 | 41,425 | 40,502 | 41,961 | 39,841 | 39,959 | 39,543 | 38,515 |
| Other intangible assets | 10,146 | 11,667 | 13,225 | 14,844 | 15,595 | — | — | — | — | — |
| Long-term investments | 858 | 984 | 1,315 | 1,640 | 915 | — | — | — | — | — |
| Current liabilities | 11,658 | 12,879 | 10,789 | 9,051 | 12,394 | 8,509 | 10,366 | 8,472 | 10,084 | 14,264 |
| Accounts payable | 2,644 | 2,449 | 2,410 | 2,662 | 2,276 | — | — | — | — | — |
| Long-term debt | 26,173 | 25,642 | 23,932 | 24,344 | 20,372 | 26,378 | 22,140 | 24,552 | 23,692 | 25,874 |
| Total liabilities | 42,956 | 43,424 | 39,561 | 39,283 | 38,260 | 41,481 | 39,817 | 39,482 | 40,571 | 49,527 |
| Total equity (incl. minority) | 50,072 | 48,256 | 50,420 | 51,665 | 52,722 | — | — | — | — | — |
| Retained earnings | 32,638 | 31,476 | 30,403 | 30,392 | 16,849 | — | — | — | — | — |
| Minority interest | 609 | 232 | 206 | 182 | 171 | — | — | — | — | — |