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Medtronic MDT Neuroscience — Currency translation and other

Other segment segments

Medical Surgical
$110M-84.8%
Cardiovascular
$10M-88.6%
Diabetes
$0
Other Operating Segments
$0-100%

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-$3.75M-1,600%

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$100.32B-3.8%
Enterprise value$127.58B-3.2%
P/E20.9×-1.5×
P/S2.8×-0.4×

Profitability

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Gross margin64.9%-0.3pp
Operating margin17%0.0pp
Net margin13%-0.7pp

Returns & leverage

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Return on equity9.4%+0.3pp
Debt / equity0.6×0.0×
Current ratio2.5×+0.3×

Where this comes from

Reported directly by Medtronic in its filing.

Tagged under the XBRL concept us-gaap:GoodwillForeignCurrencyTranslationGainLoss.

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 neuroscience — currency translation and other?
Medtronic (MDT) reported neuroscience — currency translation and other of $20M in Q1 2026.
How has Medtronic's neuroscience — currency translation and other changed year-over-year?
Medtronic's neuroscience — currency translation and other decreased by 81.1% year-over-year, from $106M to $20M.
What is the long-term trend for Medtronic's neuroscience — currency translation and other?
Over 2 years (2021 to 2025), Medtronic's neuroscience — currency translation and other has grown at a -34.3% compound annual growth rate (CAGR), from $167M to $72M.
What does neuroscience — currency translation and other mean?
The financial impact of changing currency values and other non-core items on the segment's results.
How do you interpret neuroscience — currency translation and other?
A negative value indicates a headwind from a strong domestic currency, while a positive value suggests a tailwind from favorable exchange rate movements.
How does neuroscience — currency translation and other compare across companies?
Standard in multinational corporations; comparable to foreign exchange impact disclosures by global healthcare peers.