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Medtronic MDT Cardiovascular — Currency translation and other

Other segment segments

Medical Surgical
$110M-84.8%
Neuroscience
$20M-81.1%
Diabetes
$0
Other Operating Segments
$0-100%

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Other financials

Income statement

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Revenue$9.8B+9.9%
Gross profit$6.4B+10.9%
Operating income$1.9B+30.4%
Net income$1.2B+17.8%
EPS (diluted)$0.97+18.3%

Balance sheet

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Cash & equivalents$1.9B-12.1%
Total debt$29.2B-1.6%
Total equity$49.5B+3.0%
Total assets$93.0B+1.5%

Cash flow

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Operating cash flow$2.6B+1.8%
CapEx$488.0M+6.3%
Free cash flow$2.1B+0.8%

Valuation

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Market cap$110.07B-3.9%
Enterprise value$137.33B-3.2%
P/E22.9×-1.6×
P/S-0.3×

Profitability

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Gross margin65%-0.3pp
Operating margin17.8%0.0pp
Net margin13.2%-0.7pp
FCF margin14.9%-0.5pp

Returns & leverage

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Return on equity9.8%+0.4pp
Debt / equity0.6×0.0×
Current ratio2.1×+0.3×

Where this comes from

Reported directly by Medtronic in its filing.

Tagged under the XBRL concept us-gaap:GoodwillForeignCurrencyTranslationGainLoss.

The source filing: Medtronic’s 10-K, filed June 18, 2026.

Filed
Jun 18, 2026, 4:27 PM EDT
Fiscal year
FY2026
Accession
0001628280-26-044354
(in millions)CardiovascularNeuroscienceMedical SurgicalReportable SegmentsOther Operating SegmentsTotal
April 26, 2024$7,966$11,644$19,121$38,731$2,255$40,986
Goodwill as a result of acquisitions108108108
Purchase accounting adjustments2(2)
Currency translation and other50725216431643
April 25, 20258,01711,71619,74839,4822,25541,737
Goodwill as a result of acquisitions555555555
Currency translation and other3061204295295
April 24, 2026$8,602$11,777$19,953$40,332$2,256$42,587

Item 8. Financial Statements and Supplementary Data

FAQ

What is Medtronic's cardiovascular — currency translation and other?
Medtronic (MDT) reported cardiovascular — currency translation and other of $10M in Q1 2026.
How has Medtronic's cardiovascular — currency translation and other changed year-over-year?
Medtronic's cardiovascular — currency translation and other decreased by 88.6% year-over-year, from $88M to $10M.
What does cardiovascular — currency translation and other mean?
This captures the impact of foreign exchange rate fluctuations on the cardiovascular segment's financial results, along with other minor adjustments. Since the company has significant international sales, currency volatility can materially affect reported segment revenue and profit. It helps isolate operational performance from external macroeconomic factors.

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