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MiniMed Group MMED CGM — Net Sales

Other product segments

Consumables
$244M+14.6%
Pumps
$151M+11.0%

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Other financials

Income statement

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Revenue$790.0M+15.0%
Gross profit$362.0M-8.4%
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 / equity0×—
Current ratio1.6×—

Where this comes from

Reported directly by MiniMed Group in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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)Three Months Ended / January 23, 2026Three Months Ended / January 24, 2025Nine Months Ended / January 23, 2026Nine Months Ended / January 24, 2025
Pumps$151$136$401$387
Consumables244213707632
CGM3903301,133968
Other (1)58244
Total$790$687$2,265$1,991

Item 1. Financial Statements (

FAQ

What is MiniMed Group's CGM — net sales?
MiniMed Group (MMED) reported CGM — net sales of $390M in Q1 2026.
How has MiniMed Group's CGM — net sales changed year-over-year?
MiniMed Group's CGM — net sales increased by 18.2% year-over-year, from $330M to $390M.
What does CGM — net sales mean?
This metric represents the total revenue generated from the sale of continuous glucose monitoring hardware, sensors, and associated digital monitoring subscriptions. It serves as a key indicator of market adoption for real-time glucose tracking technology within the diabetes management portfolio. Growth in this segment reflects the company's ability to capture market share in the shift toward automated and data-driven patient care solutions.

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