Accrued Expenses
Medtronic Accrued Expenses increased by 3.7% to $3.63B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.3%, from $3.68B to $3.63B. Over 5 years (FY 2021 to FY 2026), Accrued Expenses shows relatively stable performance with a 0.9% CAGR.
Analysis
How to read this metric
An increase in accrued expenses may indicate rising operational activity or a strategic decision to delay cash outflows, while a significant decrease could signal the settlement of obligations or a reduction in operational accruals. Rapid growth relative to revenue may suggest potential liquidity pressure or changes in payment terms with vendors and employees.
Detailed definition
Accrued expenses represent liabilities for goods or services that have been received or consumed by the company but for...
Peer comparison
Peer medical device companies typically maintain similar accrual patterns based on their payroll cycles, tax obligations, and R&D spending intensity; significant deviations from industry norms often warrant investigation into accounting policy changes or shifts in working capital management.
accrued_expensesHistorical Data
| 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 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.48B | $3.65B | $3.47B | $3.54B | $3.55B | $3.82B | $4.03B | $3.63B | $3.58B | $3.58B | $3.3B | $3.49B | $3.58B | $3.6B | $3.26B | $3.53B | $3.68B | $3.6B | $3.15B | $3.5B | $3.63B |
| QoQ Change | — | +5.1% | -5.0% | +2.1% | +0.3% | +7.5% | +5.6% | -9.9% | -1.3% | +0.0% | -7.9% | +5.7% | +2.7% | +0.6% | -9.5% | +8.2% | +4.5% | -2.4% | -12.3% | +11.1% | +3.7% |
| YoY Change | — | — | — | — | +2.2% | +4.5% | +16.2% | +2.5% | +0.8% | -6.2% | -18.2% | -3.9% | +0.0% | +0.6% | -1.2% | +1.1% | +2.8% | -0.2% | -3.3% | -0.6% | -1.3% |
Accrued Expenses at Other Companies
Frequently Asked Questions
- What is Medtronic's accrued expenses?
- Medtronic (MDT) reported accrued expenses of $3.63B in Q1 2026.
- How has Medtronic's accrued expenses changed year-over-year?
- Medtronic's accrued expenses decreased by 1.3% year-over-year, from $3.68B to $3.63B.
- What is the long-term trend for Medtronic's accrued expenses?
- Over 5 years (2021 to 2026), Medtronic's accrued expenses has grown at a 0.9% compound annual growth rate (CAGR), from $3.48B to $3.63B.
- What does accrued expenses mean?
- Accrued expenses are costs the company has incurred but has not yet paid for.