Medtronic annual operating income
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2026
Medtronic Operating Income Growth & History (MDT)
Medtronic's operating income was $6.47B for fiscal 2026.
View full Medtronic company overviewMedtronic annual operating income history
| Fiscal year | Period ended | Operating income | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-04-24 | $6.47B | $512.0M | +8.60% |
| 2025 | 2025-04-25 | $5.96B | $811.0M | +15.77% |
| 2024 | 2024-04-26 | $5.14B | −$341.0M | −6.22% |
| 2023 | 2023-04-28 | $5.49B | −$267.0M | −4.64% |
| 2022 | 2022-04-29 | $5.75B | $1.27B | +28.28% |
| 2021 | 2021-04-30 | $4.48B | −$307.0M | −6.41% |
| 2020 | 2020-04-24 | $4.79B | −$1.48B | −23.56% |
| 2019 | 2019-04-26 | $6.27B | −$372.0M | −5.60% |
| 2018 | 2018-04-27 | $6.64B | $1.26B | +23.35% |
| 2017 | 2017-04-28 | $5.38B | $22.0M | +0.41% |
| 2016 | 2016-04-29 | $5.36B | $1.59B | +42.35% |
| 2015 | 2015-04-24 | $3.77B | −$47.0M | −1.23% |
| 2014 | 2014-04-25 | $3.81B | −$589.0M | −13.38% |
| 2013 | 2013-04-26 | $4.40B | — | — |
Medtronic quarterly operating income
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 | Operating income | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-07-31 | $1.76B | $319.0M | +22.08% |
| Q4 2026 | 2026-04-24 | $1.87B | $436.0M | +30.36% |
| Q3 2026 | 2026-01-31 | $1.60B | −$44.0M | −2.67% |
| Q3 2026 | 2026-01-23 | $1.46B | −$182.0M | −11.06% |
| Q2 2026 | 2025-10-24 | $1.69B | $91.0M | +5.71% |
| Q1 2026 | 2025-07-25 | $1.45B | $167.0M | +13.07% |
| Q4 2025 | 2025-04-25 | $1.44B | $383.0M | +36.37% |
| Q3 2025 | 2025-01-24 | $1.65B | $163.0M | +10.99% |
| Q2 2025 | 2024-10-25 | $1.59B | $255.0M | +19.03% |
| Q1 2025 | 2024-07-26 | $1.28B | $10.0M | +0.79% |
| Q4 2024 | 2024-04-26 | $1.05B | −$511.0M | −32.67% |
| Q3 2024 | 2024-01-26 | $1.48B | $91.0M | +6.54% |
| Q2 2024 | 2023-10-27 | $1.34B | −$64.0M | −4.56% |
| Q1 2024 | 2023-07-28 | $1.27B | $143.0M | +12.71% |
| Q4 2023 | 2023-04-28 | $1.56B | −$107.0M | −6.40% |
| Q3 2023 | 2023-01-27 | $1.39B | −$267.0M | −16.09% |
| Q2 2023 | 2022-10-28 | $1.40B | −$159.0M | −10.17% |
| Q1 2023 | 2022-07-29 | $1.13B | $266.0M | +30.97% |
| Q4 2022 | 2022-04-29 | $1.67B | $67.0M | +4.18% |
| Q3 2022 | 2022-01-28 | $1.66B | $382.0M | +29.91% |
| Q2 2022 | 2021-10-29 | $1.56B | $633.0M | +68.06% |
| Q1 2022 | 2021-07-30 | $859.0M | $186.0M | +27.64% |
| Q4 2021 | 2021-04-30 | $1.60B | $1.29B | +407.59% |
| Q3 2021 | 2021-01-29 | $1.28B | −$362.0M | −22.09% |
| Q2 2021 | 2020-10-30 | $930.0M | −$421.0M | −31.16% |
| Q1 2021 | 2020-07-31 | $673.0M | −$812.0M | −54.68% |
| Q4 2020 | 2020-04-24 | $316.0M | −$1.63B | −83.76% |
| Q3 2020 | 2020-01-24 | $1.64B | $97.0M | +6.29% |
| Q2 2020 | 2019-10-25 | $1.35B | −$193.0M | −12.50% |
| Q1 2020 | 2019-07-26 | $1.49B | $249.0M | +20.15% |
| Q4 2019 | 2019-04-26 | $1.95B | $18.0M | +0.93% |
| Q3 2019 | 2019-01-25 | $1.54B | $106.0M | +7.38% |
| Q2 2019 | 2018-10-26 | $1.54B | −$350.0M | −18.48% |
| Q1 2019 | 2018-07-27 | $1.24B | −$146.0M | −10.56% |
| Q4 2018 | 2018-04-27 | $1.93B | $244.0M | +14.49% |
| Q3 2018 | 2018-01-26 | $1.44B | $289.0M | +25.20% |
| Q2 2018 | 2017-10-27 | $1.89B | $509.0M | +36.75% |
| Q1 2018 | 2017-07-28 | $1.38B | $215.0M | +18.42% |
| Q4 2017 | 2017-04-28 | $1.68B | $109.0M | +6.92% |
| Q3 2017 | 2017-01-27 | $1.15B | −$208.0M | −15.35% |
| Q2 2017 | 2016-10-28 | $1.39B | $85.0M | +6.54% |
| Q1 2017 | 2016-07-29 | $1.17B | $36.0M | +3.18% |
| Q4 2016 | 2016-04-29 | $1.57B | $1.20B | +322.25% |
| Q3 2016 | 2016-01-29 | $1.35B | $80.0M | +6.27% |
| Q2 2016 | 2015-10-30 | $1.30B | $270.0M | +26.21% |
| Q1 2016 | 2015-07-31 | $1.13B | $43.0M | +3.95% |
| Q4 2015 | 2015-04-24 | $373.0M | — | — |
| Q3 2015 | 2015-01-23 | $1.27B | — | — |
| Q2 2015 | 2014-10-24 | $1.03B | — | — |
| Q1 2015 | 2014-07-25 | $1.09B | — | — |
Medtronic operating income trends
Over the last five fiscal years, Medtronic's operating income increased from $4.48B to $6.47B, a change of $1.98B. The latest reported quarter, Q1 2027, shows $1.76B.
About the metric
What operating income means
Operating income is the profit or loss a company generates from its core business after cost of revenue and operating expenses, but before non-operating items such as interest and income taxes.
Calculation and source
SEC-reported operating income
TickerStat standardizes operating income reported in company SEC filings for aligned fiscal periods. It is not adjusted EBIT, an analyst estimate, or company guidance. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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