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MiniMed Group MMED Operating Income

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Other financials

Income statement

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Revenue$790.0M+15.0%
Gross profit$362.0M-8.4%
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

Reported directly by MiniMed Group in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

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
Selling, general, and administrative expense309268884804
Certain litigation charges, net(6)11
Other operating expense (income), net45(7)53(12)
Operating (loss) profit(100)21(97)2
Other non-operating (income) expense, net1
(Loss) profit before income taxes(99)21(97)1
Income tax provision12283531
Net loss(111)(7)(132)(30)

Item 1. Financial Statements (

FAQ

What is MiniMed Group's operating income?
MiniMed Group (MMED) reported operating income of -$100M in Q1 2026.
How has MiniMed Group's operating income changed year-over-year?
MiniMed Group's operating income decreased by 576.2% year-over-year, from $21M to -$100M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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