Business Segments · Goodwill

Cardiovascular — Goodwill

Medtronic Cardiovascular — Goodwill increased by 0.1% to $8.04B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.4%, from $7.93B to $8.04B. Over 3 years (FY 2022 to FY 2025), Cardiovascular — Goodwill shows relatively stable performance with a 3.0% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ2 2019
Last reportedQ1 2026
Rolls up toGoodwill

How to read this metric

A significant increase suggests active M&A activity, while a decrease may signal impairment charges due to underperforming acquisitions.

Detailed definition

This represents the intangible asset value recorded when the company acquires other businesses or technologies within th...

Peer comparison

Comparable to goodwill balances in the medical device segments of companies that grow through frequent acquisitions.

Metric ID: mdt_segment_cardiovascular_goodwill

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$7.21B$7.22B$7.26B$7.23B$7.16B$7.17B$7.78B$7.87B$7.87B$7.88B$7.85B$7.91B$7.97B$7.98B$7.97B$7.93B$8.02B$8.05B$8.03B$8.04B
QoQ Change+0.1%+0.6%-0.4%-1.0%+0.1%+8.6%+1.2%-0.0%+0.1%-0.4%+0.7%+0.8%+0.1%-0.1%-0.5%+1.1%+0.3%-0.2%+0.1%
YoY Change-0.7%-0.7%+7.2%+8.9%+10.0%+10.0%+0.8%+0.4%+1.2%+1.2%+1.5%+0.3%+0.6%+0.9%+0.7%+1.4%
Range$7.16B$8.05B
CAGR+2.3%
Avg YoY Growth+2.7%
Median YoY Growth+1.0%

Frequently Asked Questions

What is Medtronic's cardiovascular — goodwill?
Medtronic (MDT) reported cardiovascular — goodwill of $8.04B in Q1 2026.
How has Medtronic's cardiovascular — goodwill changed year-over-year?
Medtronic's cardiovascular — goodwill increased by 1.4% year-over-year, from $7.93B to $8.04B.
What is the long-term trend for Medtronic's cardiovascular — goodwill?
Over 3 years (2022 to 2025), Medtronic's cardiovascular — goodwill has grown at a 3.0% compound annual growth rate (CAGR), from $29.34B to $32.02B.
What does cardiovascular — goodwill mean?
The value of intangible assets like brand reputation and synergies acquired through cardiovascular business purchases.