Medtronic revenue and financials

MDT · NYSE · USD

$87.09−1.00%−$0.88

Close · October 6, 2026

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%.

Annual revenue · 2026: $36.36B
  1. $29.71B2017
  2. $29.95B2018
  3. $30.56B2019
  4. $28.91B2020
  5. $30.12B2021
  6. $31.69B2022
  7. $31.23B2023
  8. $32.36B2024
  9. $33.54B2025
  10. $36.36B2026

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.

ItemQ to Jul 2026Q to Apr 2026Q to Jan 2026Q to Oct 2025Q to Jul 2025Q to Apr 2025Q to Jan 2025Q to Oct 2024Q to Jul 2024Q to Apr 2024Q to Jan 2024Q to Oct 2023
Total revenue9,7569,8079,0178,9618,5788,9278,2928,4037,9158,5898,0897,984
Cost of revenue3,4083,3973,1723,0612,9853,1452,7752,9352,7522,9622,7702,746
Gross profit6,3486,4105,8455,9005,5935,7825,5175,4685,1635,6275,3195,238
Selling, general and administrative3,1663,0432,9272,9392,7782,7002,6932,7272,6262,5262,6242,624
Research and development771671722754726684675697676675695698
Operating income1,8862,1621,8041,8191,6071,4571,8201,6271,4011,8401,5301,531
EBIT1,8862,1621,8041,8191,6071,4571,8201,6271,4011,8401,5301,531
EBITDA2,6152,8782,5232,5182,3102,1462,5042,3022,0632,4942,1792,203
Interest expense186176181181176174179209167202188180
Pre-tax income1,7681,8351,4031,5961,3021,2601,5401,5601,2688561,4721,313
Income tax289575254215255199237281220197135402
Net income1,4701,2441,1431,3741,0401,0561,2941,2701,0426541,322909
Net income to common shareholders1,4701,2441,1431,3741,0401,0561,2941,2701,0426541,322909
Basic EPS1.150.970.891.070.810.821.010.990.810.490.990.68
Diluted EPS1.140.970.891.070.810.821.010.990.800.490.990.68
Average shares (basic)1,2801,2821,2831,2821,2821,2821,2821,2821,2931,3221,3301,330
Average shares (diluted)1,2851,2881,2901,2881,2871,2881,2861,2871,2971,3251,3321,332
Dividend per share0.720.710.710.710.710.700.700.700.700.690.690.69