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Medtronic MDT Diabetes — Net Sales

Other segment segments

Cardiovascular
$3.8B+13.8%
Neuroscience
$2.75B+5.0%
Medical Surgical
$2.39B+8.0%
Other Operating Segments
$135M
Other operating segment
$32M0.0%

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ZBHOperating Segments — Product Revenue
$979.3M+1.0%

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$101.86B-3.8%
Enterprise value$129.12B-3.2%
P/E21.2×-1.5×
P/S2.8×-0.4×

Profitability

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Gross margin65%-0.3pp
Operating margin17.8%0.0pp
Net margin13.2%-0.7pp

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 official record: Medtronic’s 10-K, filed June 18, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Medtronic's diabetes — net sales?
Medtronic (MDT) reported diabetes — net sales of $838M in Q1 2026.
How has Medtronic's diabetes — net sales changed year-over-year?
Medtronic's diabetes — net sales increased by 15.1% year-over-year, from $728M to $838M.
What is the long-term trend for Medtronic's diabetes — net sales?
Over 5 years (2021 to 2026), Medtronic's diabetes — net sales has grown at a 5.2% compound annual growth rate (CAGR), from $2.41B to $3.11B.
What does diabetes — net sales mean?
Total revenue earned from selling diabetes products after accounting for returns and discounts.
How do you interpret diabetes — net sales?
An increase indicates strong market demand and successful commercial execution, while a decrease signals competitive pressure or market saturation.
How does diabetes — net sales compare across companies?
Standard revenue metric for any business segment across all industries.