What is Medtronic's net income?

Medtronic (MDT) reported net income of $1.26B in Q1 2026.

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

Medtronic's net income increased by 18.7% year-over-year, from $1.06B to $1.26B.

What is the long-term trend for Medtronic's net income?

Over 4 years (2022 to 2026), Medtronic's net income has grown at a -1.1% compound annual growth rate (CAGR), from $5.06B to $4.84B.

What does net income mean?

Net income as the starting point for the indirect method operating cash flow reconciliation.

Medtronic MDT Net Income

Net Income at other companies

AbbottABT

$1.08B-18.7%

TFX

TeleflexTFX

-$8.15M-109%

Johnson & JohnsonJNJ

$5.24B-52.4%

StrykerSYK

$745M+13.9%

ArtivionAORT

$1.42M+381%

CONMEDCNMD

$13.83M+129%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$2.6B+1.8%

CapEx$488.0M+6.3%

Free cash flow$2.1B+0.8%

Valuation

See full

Market cap$100.14B-9.3%

Enterprise value$127.4B-7.6%

P/E20.9×-2.8×

P/S2.8×-0.5×

Profitability

See full

Gross margin65%-0.3pp

Operating margin17.8%0.0pp

Net margin13.2%-0.7pp

FCF margin14.9%-0.5pp

Returns & leverage

See full

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:ProfitLoss.

The official record: Medtronic’s 10-K, filed June 18, 2026, on SEC EDGAR. View the filing →

Ask your AI about Medtronic's net income.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Medtronic's net income?: Medtronic (MDT) reported net income of $1.26B in Q1 2026.
How has Medtronic's net income changed year-over-year?: Medtronic's net income increased by 18.7% year-over-year, from $1.06B to $1.26B.
What is the long-term trend for Medtronic's net income?: Over 4 years (2022 to 2026), Medtronic's net income has grown at a -1.1% compound annual growth rate (CAGR), from $5.06B to $4.84B.
What does net income mean?: Net income as the starting point for the indirect method operating cash flow reconciliation.