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Medtronic MDT Rest of world — 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$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 rest of world — net sales?
Medtronic (MDT) reported rest of world — net sales of $4.9B in Q1 2026.
How has Medtronic's rest of world — net sales changed year-over-year?
Medtronic's rest of world — net sales increased by 12.6% year-over-year, from $4.35B to $4.9B.
What is the long-term trend for Medtronic's rest of world — net sales?
Over 5 years (2021 to 2026), Medtronic's rest of world — net sales has grown at a 4.6% compound annual growth rate (CAGR), from $14.49B to $18.12B.
What does rest of world — net sales mean?
Total revenue generated from sales in international markets excluding the company's home country and primary corporate base.
How do you interpret rest of world — net sales?
An increase indicates successful expansion into international healthcare markets and growing global demand for the company's medical technology, while a decrease may signal competitive pressure, regulatory hurdles, or unfavorable macroeconomic conditions in foreign territories.
How does rest of world — net sales compare across companies?
Peers in the medical device industry typically report international revenue as a percentage of total sales, with large-cap companies often targeting a balanced split between domestic and international contributions.