Total Revenue
Medtronic Total Revenue increased by 0.6% to $9.02B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.7%, from $8.29B to $9.02B. Over 4 years (FY 2021 to FY 2025), Total Revenue shows an upward trend with a 2.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates growing market demand or successful price increases, while a decrease suggests market saturation or competitive pressure.
Detailed definition
The total amount of income generated by the sale of goods or services related to the company's primary operations. For a...
Peer comparison
Peer technology firms typically report this as Net Sales or Total Revenue, reflecting the scale of their market reach.
total_revenueHistorical Data
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.19B | $7.99B | $7.85B | $7.76B | $8.09B | $7.37B | $7.59B | $7.73B | $8.54B | $7.70B | $7.98B | $8.09B | $8.59B | $7.92B | $8.40B | $8.29B | $8.93B | $8.58B | $8.96B | $9.02B |
| QoQ Change | — | -2.5% | -1.8% | -1.1% | +4.2% | -8.9% | +2.9% | +1.9% | +10.6% | -9.9% | +3.7% | +1.3% | +6.2% | -7.8% | +6.2% | -1.3% | +7.7% | -3.9% | +4.5% | +0.6% |
| YoY Change | — | — | — | — | -1.2% | -7.7% | -3.3% | -0.5% | +5.6% | +4.5% | +5.3% | +4.7% | +0.5% | +2.8% | +5.2% | +2.5% | +3.9% | +8.4% | +6.6% | +8.7% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Cardiovascular | $3.13B | $3.01B | $3.10B | $3.04B | $3.34B | $3.29B | $3.44B | $3.46B |
| Neuroscience | $2.54B | $2.32B | $2.45B | $2.46B | $2.62B | $2.42B | $2.56B | $2.56B |
| Medical Surgical | $2.09B | $2.00B | $2.13B | $2.07B | $2.21B | $2.08B | $2.17B | $2.17B |
| Diabetes Group | $660.00M | $647.00M | $686.00M | $694.00M | $728.00M | $721.00M | $757.00M | $796.00M |
| Other operating segment | — | — | — | — | $30.00M | $33.00M | $35.00M | $32.00M |
| Total | $8.59B | $7.92B | $8.40B | $8.29B | $8.93B | $8.58B | $8.96B | $9.02B |
Other Segment is derived from annual filings.
Other was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Geographic Breakdown — Japan Australia New Zealand Korea Canadaand Western Europe
| Segment | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|
| Japan Australia New Zealand Korea Canadaand Western Europe | $2.33B | $2.16B | $2.29B | $2.63B | $2.46B | $2.37B | $2.47B | $2.68B |
| Middle East Africa Latin America Eastern Europeand Asia Excluding Japanand Korea | $1.28B | $1.36B | $1.37B | $1.44B | $1.31B | $1.44B | $1.50B | $1.57B |
| Total | $7.37B | $7.59B | $7.73B | $8.54B | $7.70B | $7.98B | $8.09B | $8.59B |
Japan Australia New Zealand Korea Canadaand Western Europe, Middle East Africa Latin America Eastern Europeand Asia Excluding Japanand Korea were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Geographic Breakdown — Total Other Countries Excluding Ireland
| Segment | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|
| Total Other Countries Excluding Ireland | $7.89B | $8.37B | $8.26B | $8.90B | $8.55B | $8.93B | $8.98B |
| Total Other Countries Excluding United Statesand Ireland | — | — | — | $4.35B | $4.32B | $4.41B | $4.49B |
| Total | $7.92B | $8.40B | $8.29B | $8.93B | $8.58B | $8.96B | $9.02B |
Total Revenue at Other Companies
Frequently Asked Questions
- What is Medtronic's total revenue?
- Medtronic (MDT) reported total revenue of $9.02B in Q4 2025.
- How has Medtronic's total revenue changed year-over-year?
- Medtronic's total revenue increased by 8.7% year-over-year, from $8.29B to $9.02B.
- What is the long-term trend for Medtronic's total revenue?
- Over 4 years (2021 to 2025), Medtronic's total revenue has grown at a 2.7% compound annual growth rate (CAGR), from $30.12B to $33.54B.
- What does total revenue mean?
- The total amount of money a company brings in from selling its products and services.