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MiniMed Group MMED Consumables — Net Sales

Other product segments

CGM
$390M+18.2%
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 consumables — net sales?
MiniMed Group (MMED) reported consumables — net sales of $244M in Q1 2026.
How has MiniMed Group's consumables — net sales changed year-over-year?
MiniMed Group's consumables — net sales increased by 14.6% year-over-year, from $213M to $244M.
What does consumables — net sales mean?
This metric represents the total revenue generated from the sale of recurring medical supplies, such as infusion sets and sensors, required for the ongoing operation of diabetes management devices. It serves as a key indicator of the company's installed base utilization and long-term customer retention. Growth in this segment reflects the recurring nature of the business model and the sustained engagement of patients with the company's ecosystem.

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