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Medtronic MDT Cardiovascular — Net Sales

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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$109.3B-4.8%
Enterprise value$136.56B-4.0%
P/E22.8×-1.9×
P/S-0.4×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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)Worldwide / Fiscal Year / 2026Worldwide / Fiscal Year / 2025Worldwide / Fiscal Year / 2024
Cardiac Rhythm & Heart Failure$7,504$6,392$5,995
Structural Heart & Aortic3,8173,5543,358
Coronary & Peripheral Vascular2,6562,5352,478
Cardiovascular13,97612,48111,831
Cranial & Spinal Technologies5,2224,9734,756
Specialty Therapies2,9972,9402,905
Neuromodulation2,0681,9321,746
Neuroscience10,2879,8469,406

Item 8. Financial Statements and Supplementary Data

FAQ

What is Medtronic's cardiovascular — net sales?
Medtronic (MDT) reported cardiovascular — net sales of $3.8B in Q1 2026.
How has Medtronic's cardiovascular — net sales changed year-over-year?
Medtronic's cardiovascular — net sales increased by 13.8% year-over-year, from $3.34B to $3.8B.
What is the long-term trend for Medtronic's cardiovascular — net sales?
Over 4 years (2022 to 2026), Medtronic's cardiovascular — net sales has grown at a 5.3% compound annual growth rate (CAGR), from $11.37B to $13.98B.
What does cardiovascular — net sales mean?
This represents the total revenue generated from the sale of cardiovascular products, net of returns, discounts, and allowances. It is the primary indicator of the segment's market demand and commercial success. Growth in this metric is a key driver of overall company performance.

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