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Medtronic MDT Neuroscience — Reportable segment operating profit

Other segment segments

Cardiovascular
$1.07B+11.8%
Medical Surgical
$605M+5.2%
Diabetes
$57M+14.0%
Other operating segment
-$1M-108%

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NBIXReportable Segment — Total revenues
$814.5M+42.2%

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:OperatingIncomeLoss.

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 — reportable segment operating profit?
Medtronic (MDT) reported neuroscience — reportable segment operating profit of $879M in Q1 2026.
How has Medtronic's neuroscience — reportable segment operating profit changed year-over-year?
Medtronic's neuroscience — reportable segment operating profit increased by 2.4% year-over-year, from $858M to $879M.
What is the long-term trend for Medtronic's neuroscience — reportable segment operating profit?
Over 4 years (2022 to 2026), Medtronic's neuroscience — reportable segment operating profit has grown at a -5.6% compound annual growth rate (CAGR), from $3.86B to $3.06B.
What does neuroscience — reportable segment operating profit mean?
The profit earned by the Neuroscience business unit from its core operations.
How do you interpret neuroscience — reportable segment operating profit?
An increase indicates improved operational efficiency or higher margins within the neuroscience product portfolio, while a decrease suggests rising costs or pricing pressure.
How does neuroscience — reportable segment operating profit compare across companies?
Comparable to segment-level operating income reported by diversified medical device peers like Abbott or Boston Scientific.