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MiniMed Group MMED Gross Profit

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Other financials

Income statement

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Revenue$790.0M+15.0%
Operating income-$100.0M-576%
Net income-$119.0M-1,090%
EPS (diluted)-$0.47-1,075%

Balance sheet

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Cash & equivalents$298.0M+2,609%
Total debt$53.0M-20.9%
Total equity$3.6B+8.4%
Total assets$4.6B+10.2%

Cash flow

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Operating cash flow-$27.0M-147%
CapEx$167.0M+22.8%
Free cash flow-$194.0M-146%

Valuation

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Market cap$5.17B+2.3%
Enterprise value$4.93B
P/S1.9×

Profitability

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Gross margin54.4%
Operating margin-4.2%
Net margin-11.9%
FCF margin-12%

Returns & leverage

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Return on equity-9.3%
Debt / equity
Current ratio1.6×

Where this comes from

Calculated from MiniMed Group’s reported figures.

The source filing: MiniMed Group’s 10-Q, filed April 17, 2026.

Filed
Apr 17, 2026, 4:29 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-025777
(in millions, except share and per share data)Three Months Ended / January 23, 2026Three Months Ended / January 24, 2025Nine Months Ended / January 23, 2026Nine Months Ended / January 24, 2025
Net sales$790$687$2,265$1,991
Cost of products sold4282921,065869
Gross Profit3623951,2001,123
Operating expenses:
Research and development expense114112349329
Selling, general, and administrative expense309268884804
Certain litigation charges, net(6)11
Other operating expense (income), net45(7)53(12)

Item 1. Financial Statements (

FAQ

What is MiniMed Group's gross profit?
MiniMed Group (MMED) reported gross profit of $362M in Q1 2026.
How has MiniMed Group's gross profit changed year-over-year?
MiniMed Group's gross profit decreased by 8.4% year-over-year, from $395M to $362M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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