Business Segments · Reportable segment operating profit

Medical Surgical — Reportable segment operating profit

Medtronic Medical Surgical — Reportable segment operating profit decreased by 6.0% to $499.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 34.8%, from $765.00M to $499.00M. Over 4 years (FY 2021 to FY 2025), Medical Surgical — Reportable segment operating profit shows a downward trend with a -13.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ3 2020
Last reportedQ1 2026
Rolls up toOperating Income

How to read this metric

Higher operating profit indicates strong operational leverage and effective cost management within the segment.

Detailed definition

The operating income generated by the Medical Surgical segment after deducting all direct operating expenses, including...

Peer comparison

Standard segment operating income reported by peers in the medical technology industry.

Metric ID: mdt_segment_medical_surgical_reportable_segment_operating_profit

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$933.00M$914.00M$908.00M$923.00M$433.00M$642.00M$714.00M$748.00M$761.00M$719.00M$790.00M$806.00M$658.00M$690.00M$774.00M$765.00M$259.00M$494.00M$531.00M$499.00M
QoQ Change-2.0%-0.7%+1.7%-53.1%+48.3%+11.2%+4.8%+1.7%-5.5%+9.9%+2.0%-18.4%+4.9%+12.2%-1.2%-66.1%+90.7%+7.5%-6.0%
YoY Change-53.6%-29.8%-21.4%-19.0%+75.8%+12.0%+10.6%+7.8%-13.5%-4.0%-2.0%-5.1%-60.6%-28.4%-31.4%-34.8%
Range$259.00M$933.00M
CAGR-12.3%
Avg YoY Growth-12.3%
Median YoY Growth-16.2%

Frequently Asked Questions

What is Medtronic's medical surgical — reportable segment operating profit?
Medtronic (MDT) reported medical surgical — reportable segment operating profit of $499.00M in Q1 2026.
How has Medtronic's medical surgical — reportable segment operating profit changed year-over-year?
Medtronic's medical surgical — reportable segment operating profit decreased by 34.8% year-over-year, from $765.00M to $499.00M.
What is the long-term trend for Medtronic's medical surgical — reportable segment operating profit?
Over 4 years (2021 to 2025), Medtronic's medical surgical — reportable segment operating profit has grown at a -13.4% compound annual growth rate (CAGR), from $3.65B to $2.05B.
What does medical surgical — reportable segment operating profit mean?
The profit earned by the Medical Surgical segment after accounting for all operating expenses.