What is Medtronic's net income (NCI)?

Medtronic (MDT) reported net income (NCI) of $6M in Q4 2025.

How has Medtronic's net income (NCI) changed year-over-year?

Medtronic's net income (NCI) decreased by 33.3% year-over-year, from $9M to $6M.

What does net income (NCI) mean?

The portion of net income attributable to minority shareholders in subsidiaries that are not 100% owned by the parent company. Deducted to arrive at net income attributable to the parent.

Medtronic MDT Net Income (NCI)

Net Income (NCI) at other companies

Intuitive SurgicalISRG

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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$100.14B-3.6%

Enterprise value$127.4B-3.0%

P/E20.9×-1.4×

P/S2.8×-0.3×

Profitability

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Gross margin65%-0.3pp

Operating margin17.8%0.0pp

Net margin13.2%-0.7pp

FCF margin14.9%-0.5pp

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:NetIncomeLossAttributableToNoncontrollingInterest.

The official record: Medtronic’s 10-Q, filed February 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Medtronic's net income (NCI)?: Medtronic (MDT) reported net income (NCI) of $6M in Q4 2025.
How has Medtronic's net income (NCI) changed year-over-year?: Medtronic's net income (NCI) decreased by 33.3% year-over-year, from $9M to $6M.
What does net income (NCI) mean?: The portion of net income attributable to minority shareholders in subsidiaries that are not 100% owned by the parent company. Deducted to arrive at net income attributable to the parent.