Business Segments · Research and development expense

Neuroscience — Research and development expense

Medtronic Neuroscience — Research and development expense decreased by 8.4% to $153.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.7%, from $152.00M to $153.00M.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026

How to read this metric

Higher spending suggests a commitment to future growth through innovation, while lower spending might indicate a focus on short-term margin expansion or a maturing product cycle.

Detailed definition

This includes all costs associated with the discovery, development, and clinical testing of new neuroscience technologie...

Peer comparison

Comparable to R&D intensity metrics across the medical device and pharmaceutical industries.

Metric ID: mdt_segment_neuroscience_research_and_development_expense

Historical Data

11 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$143.25M$143.25M$143.25M$143.25M$153.00M$158.00M$152.00M$172.00M$157.00M$167.00M$153.00M
QoQ Change+0.0%+0.0%+0.0%+6.8%+3.3%-3.8%+13.2%-8.7%+6.4%-8.4%
YoY Change+6.8%+10.3%+2.6%+5.7%+0.7%
Range$143.25M$172.00M
CAGR+2.7%
Avg YoY Growth+5.2%
Median YoY Growth+5.7%

Frequently Asked Questions

What is Medtronic's neuroscience — research and development expense?
Medtronic (MDT) reported neuroscience — research and development expense of $153.00M in Q1 2026.
How has Medtronic's neuroscience — research and development expense changed year-over-year?
Medtronic's neuroscience — research and development expense increased by 0.7% year-over-year, from $152.00M to $153.00M.
What does neuroscience — research and development expense mean?
Spending on developing new neuroscience products and clinical research.