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Medtronic MDT Research and development expense
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Where this comes from
Reported directly by Medtronic in its filing.
Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost.
The source filing: Medtronic’s 10-K, filed June 18, 2026.
- Filed
- Jun 18, 2026, 4:27 PM EDT
- Fiscal year
- FY2026
- Accession
- 0001628280-26-044354
| (in millions, except per share data) | Fiscal Year / 2026 | Fiscal Year / 2025 | Fiscal Year / 2024 |
|---|---|---|---|
| Net sales | $36,364 | $33,537 | $32,364 |
| Costs and expenses: | |||
| Cost of products sold, excluding amortization of intangible assets | 12,721 | 11,632 | 11,216 |
| Research and development expense | 2,873 | 2,732 | 2,735 |
| Selling, general, and administrative expense | 11,784 | 10,849 | 10,736 |
| Amortization of intangible assets | 1,772 | 1,807 | 1,693 |
| Restructuring charges, net | 249 | 267 | 226 |
| Certain litigation charges, net | 113 | 317 | 149 |
Item 8. Financial Statements and Supplementary Data
FAQ
- What is Medtronic's research and development expense?
- Medtronic (MDT) reported research and development expense of $671M in Q1 2026.
- How has Medtronic's research and development expense changed year-over-year?
- Medtronic's research and development expense decreased by 1.9% year-over-year, from $684M to $671M.
- What is the long-term trend for Medtronic's research and development expense?
- Over 4 years (2022 to 2026), Medtronic's research and development expense has grown at a 1.1% compound annual growth rate (CAGR), from $2.75B to $2.87B.
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