Medtronic Neuroscience — Selling, general, and administrative expense decreased by 3.8% to $841.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.6%, from $820.00M to $841.00M. This is a positive signal — lower values indicate better performance for this metric.
Rising expenses relative to sales may indicate increased competition or higher customer acquisition costs, while lower expenses relative to sales suggest improved operational leverage.
This covers the costs of marketing, sales force compensation, legal, and administrative support functions dedicated to t...
Comparable to SG&A expense ratios in the medical device sector.
mdt_segment_neuroscience_selling_general_and_administrative_expense| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $547.25M | $547.25M | $547.25M | $547.25M | $808.00M | $834.00M | $820.00M | $885.00M | $831.00M | $874.00M | $841.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +47.6% | +3.2% | -1.7% | +7.9% | -6.1% | +5.2% | -3.8% |
| YoY Change | — | — | — | — | +47.6% | +52.4% | — | — | +2.8% | +4.8% | +2.6% |