Operating Cash Flow
Medtronic Operating Cash Flow increased by 196.6% to $2.74B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.7%, from $2.57B to $2.74B. Over 4 years (FY 2021 to FY 2025), Operating Cash Flow shows an upward trend with a 3.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Consistently high operating cash flow indicates a healthy, self-sustaining business capable of funding its own growth and returning capital to shareholders.
Detailed definition
Net cash from operating activities measures the total amount of cash generated by a company's core business operations....
Peer comparison
Investors often compare this to capital expenditures to calculate Free Cash Flow, a primary valuation metric for mature tech giants.
net_cash_from_operatingHistorical Data
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.75B | $1.29B | $1.77B | $2.23B | $2.06B | $1.08B | $922.00M | $1.57B | $2.46B | $875.00M | $661.00M | $2.47B | $2.78B | $986.00M | $958.00M | $2.57B | $2.53B | $1.09B | $925.00M | $2.74B |
| QoQ Change | — | -26.0% | +36.9% | +25.9% | -7.7% | -47.4% | -14.9% | +70.7% | +56.3% | -64.4% | -24.5% | +274.3% | +12.2% | -64.5% | -2.8% | +168.5% | -1.7% | -57.0% | -15.0% | +196.6% |
| YoY Change | — | — | — | — | +17.9% | -16.2% | -47.9% | -29.4% | +19.6% | -19.2% | -28.3% | +57.2% | +12.9% | +12.7% | +44.9% | +4.0% | -9.0% | +10.3% | -3.4% | +6.7% |
Operating Cash Flow at Other Companies
Frequently Asked Questions
- What is Medtronic's operating cash flow?
- Medtronic (MDT) reported operating cash flow of $2.74B in Q4 2025.
- How has Medtronic's operating cash flow changed year-over-year?
- Medtronic's operating cash flow increased by 6.7% year-over-year, from $2.57B to $2.74B.
- What is the long-term trend for Medtronic's operating cash flow?
- Over 4 years (2021 to 2025), Medtronic's operating cash flow has grown at a 3.1% compound annual growth rate (CAGR), from $6.24B to $7.04B.
- What does operating cash flow mean?
- The actual amount of cash a company brings in from its day-to-day business activities.