Operating Expenses
Amortization expense
Medtronic Amortization expense decreased by 4.8% to $441.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.0%, from $416.00M to $441.00M. Over 4 years (FY 2021 to FY 2025), Amortization expense shows relatively stable performance with a 0.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ3 2026Feb 24, 2026
How to read this metric
An increase often follows significant acquisitions, while a decrease may signal that older intangible assets are becoming fully amortized.
Detailed definition
The systematic allocation of the cost of intangible assets, such as patents, trademarks, or customer relationships, over...
Peer comparison
Standard operating expense for companies with significant intellectual property or acquired intangible assets.
Metric ID:
cat_amortization_expenseHistorical Data
20 periods
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $446.00M | $436.00M | $431.00M | $432.00M | $435.00M | $423.00M | $421.00M | $431.00M | $423.00M | $429.00M | $425.00M | $419.00M | $419.00M | $414.00M | $413.00M | $416.00M | $564.00M | $459.00M | $463.00M | $441.00M |
| QoQ Change | — | -2.2% | -1.1% | +0.2% | +0.7% | -2.8% | -0.5% | +2.4% | -1.9% | +1.4% | -0.9% | -1.4% | +0.0% | -1.2% | -0.2% | +0.7% | +35.6% | -18.6% | +0.9% | -4.8% |
| YoY Change | — | — | — | — | -2.5% | -3.0% | -2.3% | -0.2% | -2.8% | +1.4% | +1.0% | -2.8% | -0.9% | -3.5% | -2.8% | -0.7% | +34.6% | +10.9% | +12.1% | +6.0% |
Range$413.00M – $564.00M
CAGR-0.2%
Avg YoY Growth+2.8%
Median YoY Growth-0.8%
Amortization expense at Other Companies
Frequently Asked Questions
- What is Medtronic's amortization expense?
- Medtronic (MDT) reported amortization expense of $441.00M in Q4 2025.
- How has Medtronic's amortization expense changed year-over-year?
- Medtronic's amortization expense increased by 6.0% year-over-year, from $416.00M to $441.00M.
- What is the long-term trend for Medtronic's amortization expense?
- Over 4 years (2021 to 2025), Medtronic's amortization expense has grown at a 0.3% compound annual growth rate (CAGR), from $1.78B to $1.81B.
- What does amortization expense mean?
- The periodic cost recorded for the gradual expiration of intangible assets.