Business Segments · Goodwill

Medical Surgical — Goodwill

Medtronic Medical Surgical — Goodwill increased by 0.3% to $19.84B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.3%, from $19.03B to $19.84B. Over 3 years (FY 2022 to FY 2025), Medical Surgical — Goodwill shows relatively stable performance with a -0.0% CAGR.

Analysis

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

How to read this metric

Significant changes often reflect new acquisitions or impairment charges, which can signal shifts in long-term strategy or asset valuation.

Detailed definition

The excess of the purchase price over the fair value of identifiable net assets acquired in business combinations alloca...

Peer comparison

Standard goodwill reporting for segments that have grown through acquisition.

Metric ID: mdt_segment_medical_surgical_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$21.20B$20.99B$20.83B$20.62B$19.96B$19.24B$18.80B$19.71B$19.58B$19.59B$19.08B$19.33B$19.12B$19.20B$19.27B$19.03B$19.75B$19.95B$19.79B$19.84B
QoQ Change-1.0%-0.8%-1.0%-3.2%-3.6%-2.3%+4.8%-0.6%+0.1%-2.6%+1.3%-1.1%+0.4%+0.4%-1.3%+3.8%+1.0%-0.8%+0.3%
YoY Change-5.8%-8.3%-9.8%-4.5%-1.9%+1.8%+1.5%-1.9%-2.3%-2.0%+1.0%-1.6%+3.3%+3.9%+2.7%+4.3%
Range$18.80B$21.20B
CAGR-1.4%
Avg YoY Growth-1.2%
Median YoY Growth-1.7%

Frequently Asked Questions

What is Medtronic's medical surgical — goodwill?
Medtronic (MDT) reported medical surgical — goodwill of $19.84B in Q1 2026.
How has Medtronic's medical surgical — goodwill changed year-over-year?
Medtronic's medical surgical — goodwill increased by 4.3% year-over-year, from $19.03B to $19.84B.
What is the long-term trend for Medtronic's medical surgical — goodwill?
Over 3 years (2022 to 2025), Medtronic's medical surgical — goodwill has grown at a -0.0% compound annual growth rate (CAGR), from $78.62B to $78.51B.
What does medical surgical — goodwill mean?
The value of intangible assets like brand and market position attributed to the Medical Surgical segment from past acquisitions.