Operating
Change in Inventories
Medtronic Change in Inventories decreased by 18.0% to $373.00M in Q2 2025 compared to the prior quarter. Year-over-year, this metric grew by 71.9%, from $217.00M to $373.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026Aug 26, 2025
How to read this metric
A decrease is often positive as it signals efficient inventory turnover and cash release, provided it does not lead to stockouts.
Detailed definition
This metric tracks the change in the value of raw materials, work-in-progress, and finished goods held by the company. A...
Peer comparison
Highly dependent on industry; manufacturing and device companies typically maintain higher inventory levels than software firms.
Metric ID:
change_in_inventoriesHistorical Data
13 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$153.00M | $75.00M | $709.00M | $201.00M | $380.00M | $236.00M | $320.00M | $3.00M | $410.00M | $252.00M | $217.00M | $455.00M | $373.00M |
| QoQ Change | — | +149.0% | +845.3% | -71.7% | +89.1% | -37.9% | +35.6% | -99.1% | >999% | -38.5% | -13.9% | +109.7% | -18.0% |
| YoY Change | — | — | — | +231.4% | +406.7% | -66.7% | — | -98.5% | +7.9% | -21.3% | -47.1% | — | +71.9% |
Range-$153.00M – $709.00M
CAGR+34.6%
Avg YoY Growth+60.5%
Median YoY Growth-6.7%
Change in Inventories at Other Companies
Frequently Asked Questions
- What is Medtronic's change in inventories?
- Medtronic (MDT) reported change in inventories of $373.00M in Q2 2025.
- How has Medtronic's change in inventories changed year-over-year?
- Medtronic's change in inventories increased by 71.9% year-over-year, from $217.00M to $373.00M.
- What does change in inventories mean?
- The change in the value of products and materials held in stock.