What is Medtronic's total revenue?

Medtronic (MDT) reported total revenue of $9.81B in Q1 2026.

How has Medtronic's total revenue changed year-over-year?

Medtronic's total revenue increased by 9.9% year-over-year, from $8.93B to $9.81B.

What is the long-term trend for Medtronic's total revenue?

Over 5 years (2021 to 2026), Medtronic's total revenue has grown at a 3.8% compound annual growth rate (CAGR), from $30.12B to $36.36B.

What does total revenue mean?

The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

Medtronic MDT Total Revenue

Total Revenue at other companies

AbbottABT

$11.16B+7.8%

Becton, Dickinson and CompanyBDX

$4.71B+5.2%

TFX

TeleflexTFX

$548.26M+32.3%

Johnson & JohnsonJNJ

$24.06B+9.9%

StrykerSYK

$6.02B+2.6%

CONMEDCNMD

$317.05M-1.3%

Segments

By segment

See full

Cardiovascular$3.8B+13.8%

Neuroscience$2.75B+5.0%

Medical Surgical$2.39B+8.0%

Diabetes$838M+15.1%

Other Operating Segments$135M—

Other operating segment$32M0.0%

By geography

See full

United States$4.24B—

Ireland$28M—

Other financials

Income statement

See full

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$103.07B-6.9%

Enterprise value$130.33B-5.7%

P/E21.5×-2.3×

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: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 total revenue?: Medtronic (MDT) reported total revenue of $9.81B in Q1 2026.
How has Medtronic's total revenue changed year-over-year?: Medtronic's total revenue increased by 9.9% year-over-year, from $8.93B to $9.81B.
What is the long-term trend for Medtronic's total revenue?: Over 5 years (2021 to 2026), Medtronic's total revenue has grown at a 3.8% compound annual growth rate (CAGR), from $30.12B to $36.36B.
What does total revenue mean?: The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.