Medtronic annual gross profit
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Medtronic Gross Profit Growth & History (MDT)
Medtronic's gross profit was $23.64B for fiscal 2026.
View full Medtronic company overviewMedtronic annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-04-24 | $23.64B | $1.74B | +7.93% |
| 2025 | 2025-04-25 | $21.91B | $757.0M | +3.58% |
| 2024 | 2024-04-26 | $21.15B | $640.0M | +3.12% |
| 2023 | 2023-04-28 | $20.51B | −$1.03B | −4.80% |
| 2022 | 2022-04-29 | $21.54B | $1.91B | +9.71% |
| 2021 | 2021-04-30 | $19.63B | $145.0M | +0.74% |
| 2020 | 2020-04-24 | $19.49B | −$1.91B | −8.94% |
| 2019 | 2019-04-26 | $21.40B | $504.0M | +2.41% |
| 2018 | 2018-04-27 | $20.90B | $479.0M | +2.35% |
| 2017 | 2017-04-28 | $20.42B | $728.0M | +3.70% |
| 2016 | 2016-04-29 | $19.69B | $5.74B | +41.13% |
| 2015 | 2015-04-24 | $13.95B | $1.28B | +10.10% |
| 2014 | 2014-04-25 | $12.67B | $208.0M | +1.67% |
| 2013 | 2013-04-26 | $12.46B | — | — |
Medtronic quarterly gross profit
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-07-31 | $6.34B | $763.0M | +13.68% |
| Q4 2026 | 2026-04-24 | $6.41B | $629.0M | +10.88% |
| Q3 2026 | 2026-01-31 | $5.76B | $243.0M | +4.41% |
| Q3 2026 | 2026-01-23 | $5.76B | $243.0M | +4.41% |
| Q2 2026 | 2025-10-24 | $5.90B | $443.0M | +8.12% |
| Q1 2026 | 2025-07-25 | $5.58B | $423.0M | +8.21% |
| Q4 2025 | 2025-04-25 | $5.78B | $237.0M | +4.27% |
| Q3 2025 | 2025-01-24 | $5.51B | $206.0M | +3.88% |
| Q2 2025 | 2024-10-25 | $5.46B | $234.0M | +4.48% |
| Q1 2025 | 2024-07-26 | $5.15B | $80.0M | +1.58% |
| Q4 2024 | 2024-04-26 | $5.54B | −$21.0M | −0.38% |
| Q3 2024 | 2024-01-26 | $5.31B | $269.0M | +5.34% |
| Q2 2024 | 2023-10-27 | $5.22B | $173.0M | +3.43% |
| Q1 2024 | 2023-07-28 | $5.07B | $219.0M | +4.51% |
| Q4 2023 | 2023-04-28 | $5.57B | $67.0M | +1.22% |
| Q3 2023 | 2023-01-27 | $5.04B | −$266.0M | −5.02% |
| Q2 2023 | 2022-10-28 | $5.05B | −$300.0M | −5.61% |
| Q1 2023 | 2022-07-29 | $4.86B | −$534.0M | −9.91% |
| Q4 2022 | 2022-04-29 | $5.50B | −$38.0M | −0.69% |
| Q3 2022 | 2022-01-28 | $5.30B | $150.0M | +2.91% |
| Q2 2022 | 2021-10-29 | $5.35B | $408.0M | +8.26% |
| Q1 2022 | 2021-07-30 | $5.39B | $1.39B | +34.66% |
| Q4 2021 | 2021-04-30 | $5.54B | $1.80B | +48.26% |
| Q3 2021 | 2021-01-29 | $5.15B | −$163.0M | −3.07% |
| Q2 2021 | 2020-10-30 | $4.94B | −$370.0M | −6.97% |
| Q1 2021 | 2020-07-31 | $4.00B | −$1.13B | −21.94% |
| Q4 2020 | 2020-04-24 | $3.73B | −$1.93B | −34.06% |
| Q3 2020 | 2020-01-24 | $5.32B | $36.0M | +0.68% |
| Q2 2020 | 2019-10-25 | $5.31B | $34.0M | +0.64% |
| Q1 2020 | 2019-07-26 | $5.13B | −$53.0M | −1.02% |
| Q4 2019 | 2019-04-26 | $5.66B | −$83.0M | −1.44% |
| Q3 2019 | 2019-01-25 | $5.28B | $106.0M | +2.05% |
| Q2 2019 | 2018-10-26 | $5.28B | $351.0M | +7.12% |
| Q1 2019 | 2018-07-27 | $5.18B | $142.0M | +2.82% |
| Q4 2018 | 2018-04-27 | $5.75B | $266.0M | +4.85% |
| Q3 2018 | 2018-01-26 | $5.17B | $160.0M | +3.19% |
| Q2 2018 | 2017-10-27 | $4.93B | −$92.0M | −1.83% |
| Q1 2018 | 2017-07-28 | $5.04B | $133.0M | +2.71% |
| Q4 2017 | 2017-04-28 | $5.48B | $276.0M | +5.30% |
| Q3 2017 | 2017-01-27 | $5.01B | $222.0M | +4.63% |
| Q2 2017 | 2016-10-28 | $5.02B | $143.0M | +2.93% |
| Q1 2017 | 2016-07-29 | $4.91B | $87.0M | +1.81% |
| Q4 2016 | 2016-04-29 | $5.20B | $834.0M | +19.08% |
| Q3 2016 | 2016-01-29 | $4.79B | $1.60B | +50.25% |
| Q2 2016 | 2015-10-30 | $4.88B | $1.65B | +51.24% |
| Q1 2016 | 2015-07-31 | $4.82B | $1.65B | +52.08% |
| Q4 2015 | 2015-04-24 | $4.37B | $975.0M | +28.72% |
| Q3 2015 | 2015-01-23 | $3.19B | $77.0M | +2.47% |
| Q2 2015 | 2014-10-24 | $3.22B | $120.0M | +3.87% |
| Q1 2015 | 2014-07-25 | $3.17B | $107.0M | +3.50% |
| Q4 2014 | 2014-04-25 | $3.40B | — | — |
| Q3 2014 | 2014-01-24 | $3.11B | — | — |
| Q2 2014 | 2013-10-25 | $3.10B | — | — |
| Q1 2014 | 2013-07-26 | $3.06B | — | — |
Medtronic gross profit trends
Over the last five fiscal years, Medtronic's gross profit increased from $19.63B to $23.64B, a change of $4.01B. The latest reported quarter, Q1 2027, shows $6.34B.
About the metric
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
Calculation and source
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Medtronic source filings ↗Community posts
Medtronic begins European clinical use of its Stealth AXiS surgical system
Medtronic ($MDT) announced the first European procedures using its Stealth AXiS surgical system, with more than 23 procedures performed across seven sites in Germany, the UK, Italy and Spain. The initial experience includes spinal surgery. ...