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Johnson & Johnson JNJ MEDTECH — Sales to customers (Note 9)

Other segment segments

Innovative Medicine
$15.43B+11.2%

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Other financials

Income statement

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Revenue$24.1B+9.9%
Gross profit$16.0B+9.8%
Operating income$6.3B+2.3%
Net income$5.2B-52.4%
EPS (diluted)$2.14-52.9%

Balance sheet

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Cash & equivalents$21.7B-43.6%
Total debt$55.0B+5.2%
Total equity$81.2B+3.9%
Total assets$200.89B+3.7%

Cash flow

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Operating cash flow$2.5B-39.8%
CapEx$1.0B+31.9%
Free cash flow$1.5B-56.6%

Valuation

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Market cap$623.71B+66.9%
Enterprise value$657.01B+61.9%
P/E29.6×+13.2×
P/S6.5×+2.3×

Profitability

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Gross margin67.8%-0.5pp
Operating margin26.4%+2.8pp
Net margin21.8%-2.6pp
FCF margin18.5%-4.3pp

Returns & leverage

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Return on equity26.4%-3.0pp
Debt / equity0.7×0.0×
Current ratio1×-0.2×

Where this comes from

Reported directly by Johnson & Johnson in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Johnson & Johnson’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Johnson & Johnson's MEDTECH — sales to customers (note 9)?
Johnson & Johnson (JNJ) reported MEDTECH — sales to customers (note 9) of $8.64B in Q1 2026.
How has Johnson & Johnson's MEDTECH — sales to customers (note 9) changed year-over-year?
Johnson & Johnson's MEDTECH — sales to customers (note 9) increased by 7.7% year-over-year, from $8.02B to $8.64B.
What is the long-term trend for Johnson & Johnson's MEDTECH — sales to customers (note 9)?
Over 4 years (2021 to 2025), Johnson & Johnson's MEDTECH — sales to customers (note 9) has grown at a 5.7% compound annual growth rate (CAGR), from $27.06B to $33.79B.
What does MEDTECH — sales to customers (note 9) mean?
Represents the total revenue generated from the sale of medical devices and related services to external customers. This is the primary top-line metric for evaluating the commercial performance and market demand for the MedTech segment's product portfolio.