Net Income
Net Income
Medtronic Net Income increased by 10.1% to $1.26B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.2%, from $1.06B to $1.26B. Over 5 years (FY 2021 to FY 2026), Net Income shows an upward trend with a 6.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ4 2026Jun 3, 2026
How to read this metric
Higher net income indicates strong profitability and potential for dividend payments or reinvestment, while declining net income may signal operational challenges.
Detailed definition
Net income is the residual profit of the company after all operating expenses, interest, taxes, and non-controlling inte...
Peer comparison
The universal benchmark for corporate profitability used by investors to compare performance across all industries.
Metric ID:
net_incomeHistorical Data
21 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 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.36B | $763M | $1.31B | $1.48B | $1.49B | $929M | $427M | $1.22B | $1.18B | $791M | $909M | $1.32B | $654M | $1.04B | $1.27B | $1.29B | $1.06B | $1.04B | $1.37B | $1.14B | $1.26B |
| QoQ Change | — | -43.9% | +71.8% | +12.9% | +0.3% | -37.4% | -54.0% | +186.2% | -3.5% | -32.9% | +14.9% | +45.4% | -50.5% | +59.3% | +21.9% | +1.9% | -18.4% | -1.5% | +32.1% | -16.8% | +10.1% |
| YoY Change | — | — | — | — | +9.2% | +21.8% | -67.4% | -17.4% | -20.6% | -14.9% | +112.9% | +8.2% | -44.5% | +31.7% | +39.7% | -2.1% | +61.5% | -0.2% | +8.2% | -11.7% | +19.2% |
Range$427M – $1.49B
CAGR-1.5%
Avg YoY Growth+7.9%
Median YoY Growth+8.2%
Net Income at Other Companies
Frequently Asked Questions
- What is Medtronic's net income?
- Medtronic (MDT) reported net income of $1.26B in Q1 2026.
- How has Medtronic's net income changed year-over-year?
- Medtronic's net income increased by 19.2% year-over-year, from $1.06B to $1.26B.
- What is the long-term trend for Medtronic's net income?
- Over 5 years (2021 to 2026), Medtronic's net income has grown at a 6.0% compound annual growth rate (CAGR), from $3.61B to $4.82B.
- What does net income mean?
- The final profit remaining after all expenses and taxes have been paid.