Business Segments · Net Sales

Medical Surgical — Net Sales

Medtronic Medical Surgical — Net Sales increased by 0.1% to $2.17B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.9%, from $2.07B to $2.17B. Over 4 years (FY 2021 to FY 2025), Medical Surgical — Net Sales shows relatively stable performance with a -2.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

Increasing sales indicate strong market adoption and competitive success, while declining sales suggest market share loss or pricing pressure.

Detailed definition

The total revenue generated from the sale of Medical Surgical products to customers, net of returns, allowances, and dis...

Peer comparison

Comparable to segment-level revenue reported by diversified medical device competitors.

Metric ID: mdt_segment_medical_surgical_net_sales

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$2.31B$2.32B$2.30B$2.29B$1.78B$2.00B$2.07B$2.14B$2.04B$2.04B$2.14B$2.15B$1.98B$2.00B$2.13B$2.07B$2.18B$2.08B$2.17B$2.17B
QoQ Change+0.6%-1.0%-0.4%-22.2%+12.4%+3.4%+3.2%-4.4%-0.2%+5.1%+0.3%-8.1%+1.1%+6.6%-2.6%+5.4%-4.6%+4.2%+0.1%
YoY Change-22.8%-13.8%-10.0%-6.7%+14.8%+1.9%+3.5%+0.5%-3.4%-2.1%-0.7%-3.5%+10.5%+4.4%+2.0%+4.9%
Range$1.78B$2.32B
CAGR-1.3%
Avg YoY Growth-1.3%
Median YoY Growth-0.1%
Current Streak2 quarters growth

Frequently Asked Questions

What is Medtronic's medical surgical — net sales?
Medtronic (MDT) reported medical surgical — net sales of $2.17B in Q1 2026.
How has Medtronic's medical surgical — net sales changed year-over-year?
Medtronic's medical surgical — net sales increased by 4.9% year-over-year, from $2.07B to $2.17B.
What is the long-term trend for Medtronic's medical surgical — net sales?
Over 4 years (2021 to 2025), Medtronic's medical surgical — net sales has grown at a -2.0% compound annual growth rate (CAGR), from $9.24B to $8.51B.
What does medical surgical — net sales mean?
Total revenue earned from the Medical Surgical business segment.