Operating Income

Gross Profit

Medtronic Gross Profit decreased by 2.4% to $5.76B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.4%, from $5.51B to $5.76B. Over 3 years (FY 2022 to FY 2025), Gross Profit shows relatively stable performance with a 0.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Higher gross profit indicates a strong ability to command premium pricing and manage production costs effectively.

Detailed definition

The profit a company makes after deducting the costs associated with making and selling its products, or the costs assoc...

Peer comparison

Premium hardware brands aim for higher gross profit margins than commodity electronics manufacturers.

Metric ID: is_gross_profit

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$5.39B$5.35B$5.30B$5.50B$4.86B$5.05B$5.04B$5.57B$5.07B$5.22B$5.31B$5.54B$5.15B$5.46B$5.51B$5.78B$5.58B$5.90B$5.76B
QoQ Change-0.7%-0.9%+3.7%-11.7%+4.0%-0.2%+10.5%-8.8%+2.9%+1.6%+4.5%-7.0%+5.9%+1.0%+4.9%-3.5%+5.8%-2.4%
YoY Change-9.9%-5.6%-5.0%+1.2%+4.5%+3.4%+5.3%-0.4%+1.6%+4.5%+3.9%+4.3%+8.2%+8.1%+4.4%
Range$4.86B$5.90B
CAGR+1.5%
Avg YoY Growth+1.9%
Median YoY Growth+3.9%

Frequently Asked Questions

What is Medtronic's gross profit?
Medtronic (MDT) reported gross profit of $5.76B in Q4 2025.
How has Medtronic's gross profit changed year-over-year?
Medtronic's gross profit increased by 4.4% year-over-year, from $5.51B to $5.76B.
What is the long-term trend for Medtronic's gross profit?
Over 3 years (2022 to 2025), Medtronic's gross profit has grown at a 0.6% compound annual growth rate (CAGR), from $21.54B to $21.91B.
What does gross profit mean?
The money left over from sales after paying for the direct cost of goods sold.