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 | Q to Jul 2026 | Q to Apr 2026 | Q to Jan 2026 | Q to Oct 2025 | Q to Jul 2025 | Q to Apr 2025 | Q to Jan 2025 | Q to Oct 2024 | Q to Jul 2024 | Q to Apr 2024 | Q to Jan 2024 | Q to Oct 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,793 | 2,573 | 2,744 | 925 | 1,088 | 2,528 | 2,572 | 958 | 986 | 2,777 | 2,474 | 661 |
| Depreciation and amortization | 729 | 716 | 719 | 699 | 703 | 689 | 684 | 675 | 662 | 654 | 649 | 672 |
| Capital expenditure | -503 | -488 | -444 | -468 | -504 | -459 | -476 | -404 | -520 | -426 | -346 | -461 |
| Investing cash flow | -1,619 | -917 | -816 | -482 | -719 | -490 | -843 | -345 | -259 | -696 | -707 | -424 |
| Financing cash flow | -343 | -888 | -2,087 | -395 | -1,381 | -1,343 | -1,753 | -534 | -731 | -2,359 | -1,500 | -90.0 |
| Dividends paid | -921 | -908 | -911 | -910 | -910 | -897 | -897 | -897 | -898 | -913 | -917 | -918 |
| Share repurchases | -267 | -435 | -105 | -372 | -123 | -274 | -181 | -288 | -2,492 | -1,628 | -132 | -226 |
| Debt issued | 812 | -164 | -1,229 | 2,500 | 649 | — | — | — | 3,209 | 63.0 | -311 | 821 |
| Debt repaid | 0.0 | — | — | -1,768 | -1,162 | — | -1,003 | 557 | -624 | — | — | — |
| Effect of exchange rates | -89.0 | 33.0 | 24.0 | -39.0 | 67.0 | 283 | -130 | 4.0 | 31.0 | -60.0 | 44.0 | -175 |
| Net change in cash | -258 | 802 | -135 | 9.0 | -945 | 978 | -154 | 83.0 | 27.0 | -339 | 312 | -28.0 |
| Free cash flow | 1,290 | 2,085 | 2,300 | 457 | 584 | 2,069 | 2,096 | 554 | 466 | 2,351 | 2,128 | 200 |
| Levered free cash flow | 1,001 | 2,053 | 2,154 | 284 | 213 | 1,458 | 1,932 | 713 | 42.3 | 2,354 | 1,826 | 639 |