What is Medtronic's HVAD — net sales?

Medtronic (MDT) reported HVAD — net sales of $35.25M in Q1 2021.

What does HVAD — net sales mean?

The total revenue earned from selling HeartWare Ventricular Assist Device products.

How do you interpret HVAD — net sales?

An increase indicates growing market share or higher clinical demand for the device, while a decrease may signal product obsolescence, competitive pressure, or regulatory challenges.

How does HVAD — net sales compare across companies?

Comparable to revenue metrics for specific medical device product lines or specialized cardiovascular therapeutic segments at peer companies.

Medtronic MDT HVAD — Net Sales

Discontinued — last reported Q4 '21

Similar metrics at other companies

RMDDevices — Net revenue by segment

$1.47B+8.8%

RMDDevices — Revenue

$336.5M+2.5%

BSXCardiovascular — Net sales of reportable segments

$3.5B+10.9%

JCIHVAC — Net Sales

$468M-19.4%

FTVMedical technologies — Sales

$308.1M+12.4%

VTRSNet sales — Net Sales

$3.85B-5.1%

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

See full

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 25, 2021, on SEC EDGAR. View the filing →

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Questions, answered.

What is Medtronic's HVAD — net sales?: Medtronic (MDT) reported HVAD — net sales of $35.25M in Q1 2021.
What does HVAD — net sales mean?: The total revenue earned from selling HeartWare Ventricular Assist Device products.
How do you interpret HVAD — net sales?: An increase indicates growing market share or higher clinical demand for the device, while a decrease may signal product obsolescence, competitive pressure, or regulatory challenges.
How does HVAD — net sales compare across companies?: Comparable to revenue metrics for specific medical device product lines or specialized cardiovascular therapeutic segments at peer companies.