Other Income & Expense

Interest Expense, Borrowings

Medtronic Interest Expense, Borrowings increased by 0.5% to $223.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 0.4%, from $224.00M to $223.00M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther Income & Expense
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2024
Last reportedQ3 2026Feb 24, 2026

How to read this metric

Rising costs may indicate higher market interest rates or increased reliance on wholesale funding markets.

Detailed definition

This metric tracks the interest expense incurred on short-term and long-term debt obligations, excluding deposit-related...

Peer comparison

Commonly reported as 'Interest Expense on Borrowed Funds' or 'Interest on Debt'.

Metric ID: ms_interest_expense_borrowings

Historical Data

9 periods
 Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26Q2 '26Q3 '26
Value$197.00M$230.00M$237.00M$217.00M$252.00M$224.00M$217.00M$222.00M$223.00M
QoQ Change+16.8%+3.0%-8.4%+16.1%-11.1%-3.1%+2.3%+0.5%
YoY Change+10.2%+9.6%-5.5%+0.0%-11.9%-0.4%
Range$197.00M$252.00M
CAGR+6.4%
Avg YoY Growth+0.3%
Median YoY Growth-0.2%
Current Streak2 quarters growth

Frequently Asked Questions

What is Medtronic's interest expense, borrowings?
Medtronic (MDT) reported interest expense, borrowings of $223.00M in Q4 2025.
How has Medtronic's interest expense, borrowings changed year-over-year?
Medtronic's interest expense, borrowings decreased by 0.4% year-over-year, from $224.00M to $223.00M.
What does interest expense, borrowings mean?
Interest costs associated with borrowed funds and debt obligations.