Security
MDT · Medtronic plc
MDTNYSECommon stockCurrentCIK 1613103Updated Sep 26, 2026
MDT price & chart
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NYSE:MDT on TradingView ↗About the company
Bold thinking. Bolder actions. We are Medtronic. Medtronic plc, headquartered in Galway, Ireland, is the leading global healthcare technology company that boldly attacks the most challenging health problems facing humanity by searching out and finding solutions. Our Mission - to alleviate pain, restore health, and extend life - unites a global team of 95,000+ passionate people across more than 150 countries. Our technologies and therapies treat 70 health conditions and include cardiac devices, surgical robotics, insulin pumps, surgical tools, patient monitoring systems, and more. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us
In the news
Orchestra BioMed Reports Second Quarter 2026 Financial Results and Highlights Recent Business Updates ↗
Medtronic reports fourth quarter and full year fiscal 2026 results; delivers highest annual revenue growth in 10 years ↗
Recent filings
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Financials
FY 2026 · USDSource
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balance sheet · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 93,028,000,000Source | 91,680,000,000Source | 89,981,000,000Source | 90,948,000,000Source |
| Property, Plant and Equipment, NetUSD | 7,417,000,000Source | 6,837,000,000Source | 6,131,000,000Source | 5,569,000,000Source |
| GoodwillUSD | 42,587,000,000Source | 41,737,000,000Source | 40,986,000,000Source | 41,425,000,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 10,146,000,000Source | 11,667,000,000Source | 13,225,000,000Source | 14,844,000,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,949,000,000Source | 2,218,000,000Source | 1,284,000,000Source | 1,543,000,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 6,643,000,000Source | 6,515,000,000Source | 6,128,000,000Source | 5,998,000,000Source |
| Inventory, NetUSD | 5,951,000,000Source | 5,476,000,000Source | 5,217,000,000Source | 5,293,000,000Source |
| Assets, CurrentUSD | 24,787,000,000Source | 23,814,000,000Source | 21,935,000,000Source | 21,675,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 1,197,000,000Source | 1,100,000,000Source | 1,012,000,000Source | 1,041,000,000Source |
| Other Assets, NoncurrentUSD | 4,147,000,000Source | 3,584,000,000Source | 4,047,000,000Source | 3,959,000,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 42,956,000,000Source | 43,424,000,000Source | 39,561,000,000Source | 39,283,000,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Additional Paid in CapitalUSD | 20,926,000,000Source | 20,833,000,000Source | 23,129,000,000Source | 24,590,000,000Source |
| Retained Earnings (Accumulated Deficit)USD | 32,638,000,000Source | 31,476,000,000Source | 30,403,000,000Source | 30,392,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -4,101,000,000Source | -4,284,000,000Source | -3,318,000,000Source | -3,499,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 49,463,000,000Source | 48,024,000,000Source | 50,214,000,000Source | 51,483,000,000Source |
| Liabilities and EquityUSD | 93,028,000,000Source | 91,680,000,000Source | 89,981,000,000Source | 90,948,000,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 11,658,000,000Source | 12,879,000,000Source | 10,789,000,000Source | 9,051,000,000Source |
| Operating Lease, Liability, CurrentUSD | 198,000,000Source | 192,000,000Source | 183,000,000Source | 180,000,000Source |
| Accounts Payable, CurrentUSD | 2,644,000,000Source | 2,449,000,000Source | 2,410,000,000Source | 2,662,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 989,000,000Source | 918,000,000Source | 840,000,000Source | 869,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | 362,000,000Source | 403,000,000Source | 515,000,000Source | 708,000,000Source |
| Other Liabilities, NoncurrentUSD | 2,055,000,000Source | 1,769,000,000Source | 1,365,000,000Source | 1,727,000,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 609,000,000Source | 232,000,000Source | 206,000,000Source | 182,000,000Source |
| Additional Financial Items | ||||
| Short-term InvestmentsUSD | 7,271,000,000Source | 6,747,000,000Source | 6,721,000,000Source | 6,416,000,000Source |
cash flow · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 4,837,000,000Source | 4,691,000,000Source | 3,705,000,000Source | 3,784,000,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 2,958,000,000Source | 2,861,000,000Source | 2,647,000,000Source | 2,697,000,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 457,000,000Source | 429,000,000Source | 393,000,000Source | 355,000,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | 404,000,000Source | 292,000,000Source | 139,000,000Source | 939,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | 31,000,000Source | -339,000,000Source | -528,000,000Source | -253,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 7,330,000,000Source | 7,044,000,000Source | 6,787,000,000Source | 6,039,000,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 406,000,000Source | 98,000,000Source | 211,000,000Source | 1,867,000,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -2,934,000,000Source | -1,937,000,000Source | -2,366,000,000Source | -3,493,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 4,000,000Source | 249,000,000Source | 261,000,000Source | -4,000,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 1,904,000,000Source | 1,859,000,000Source | 1,587,000,000Source | 1,459,000,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 1,035,000,000Source | 3,235,000,000Source | 2,138,000,000Source | 645,000,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -4,751,000,000Source | -4,361,000,000Source | -4,450,000,000Source | -4,960,000,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 3,639,000,000Source | 3,589,000,000Source | 3,666,000,000Source | 3,616,000,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | 44,000,000Source | -184,000,000Source | -3,000,000Source | -409,000,000Source |
| Repayments of Long-term DebtUSD | 2,930,000,000Source | 0Source | 0Source | 6,012,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -269,000,000Source | 934,000,000Source | -259,000,000Source | -2,171,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,949,000,000Source | 2,218,000,000Source | 1,284,000,000Source | 1,543,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 774,000,000Source | 762,000,000Source | 826,000,000Source | 606,000,000Source |
| Income Taxes Paid, NetUSD | 1,942,000,000Source | 1,819,000,000Source | 1,622,000,000Source | 1,548,000,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 85,000,000Source | 188,000,000Source | -230,000,000Source | 243,000,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 457,000,000Source | 429,000,000Source | 393,000,000Source | 355,000,000Source |
| Amortization of Intangible AssetsUSD | 1,772,000,000Source | 1,807,000,000Source | 1,693,000,000Source | 1,698,000,000Source |
| DepreciationUSD | 1,186,000,000Source | 1,054,000,000Source | 954,000,000Source | 999,000,000Source |
| Equity Method Investment, Other than Temporary ImpairmentUSD | 71,000,000Source | 135,000,000Source | — | — |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | -140,000,000Source | — | — | — |
| Fair Value, Option, Changes in Fair Value, Gain (Loss)USD | — | -171,000,000Source | -220,000,000Source | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -57,000,000Source | — | — | — |
| Gain (Loss) Related to Litigation SettlementUSD | — | — | — | 30,000,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | 0Source | 0Source | -53,000,000Source |
| GoodwillUSD | 42,587,000,000Source | 41,737,000,000Source | 40,986,000,000Source | 41,425,000,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | — |
| Impairment of Intangible Assets, Finite-livedUSD | 0Source | 0Source | — | 0Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | 0Source | 0Source | — | — |
| Income Tax Expense (Benefit)USD | 1,299,000,000Source | 936,000,000Source | 1,133,000,000Source | 1,580,000,000Source |
| InterestExpenseNonoperatingUSD | 715,000,000Source | 729,000,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 4,801,000,000Source | 4,662,000,000Source | 3,676,000,000Source | 3,758,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 37,000,000Source | 29,000,000Source | 28,000,000Source | 26,000,000Source |
| Other Nonoperating Income (Expense)USD | 384,000,000Source | 402,000,000Source | 412,000,000Source | 515,000,000Source |
| Other Operating Income (Expense), NetUSD | -386,000,000Source | 23,000,000Source | -464,000,000Source | 131,000,000Source |
| Payments to Acquire InvestmentsUSD | 8,725,000,000Source | 8,226,000,000Source | 7,748,000,000Source | 7,514,000,000Source |
| Proceeds from Issuance of Common StockUSD | 516,000,000Source | — | — | — |
| Proceeds from Issuance of Long-term DebtUSD | 1,747,000,000Source | 3,209,000,000Source | 0Source | 5,409,000,000Source |
| Restructuring CostsUSD | 370,000,000Source | 303,000,000Source | — | — |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total RevenueUSD | 36,364,000,000Source | 33,537,000,000Source | 32,364,000,000Source | 31,227,000,000Source |
| Cost of RevenueUSD | 12,721,000,000Source | 11,632,000,000Source | 11,216,000,000Source | 10,719,000,000Source |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 11,784,000,000Source | 10,849,000,000Source | 10,736,000,000Source | 10,415,000,000Source |
| Operating Income (Loss)USD | 6,467,000,000Source | 5,955,000,000Source | 5,144,000,000Source | 5,485,000,000Source |
| Other Nonoperating Income (Expense)USD | 384,000,000Source | 402,000,000Source | 412,000,000Source | 515,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 6,136,000,000Source | 5,628,000,000Source | 4,837,000,000Source | 5,364,000,000Source |
| Income Tax Expense (Benefit)USD | 1,299,000,000Source | 936,000,000Source | 1,133,000,000Source | 1,580,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 37,000,000Source | 29,000,000Source | 28,000,000Source | 26,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 4,801,000,000Source | 4,662,000,000Source | 3,676,000,000Source | 3,758,000,000Source |
| Earnings Per Share, BasicUSD per share | 3.75Source | 3.63Source | 2.77Source | 2.83Source |
| Earnings Per Share, DilutedUSD per share | 3.73Source | 3.61Source | 2.76Source | 2.82Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 1,281,800,000Source | 1,285,600,000Source | 1,327,700,000Source | 1,329,800,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 1,288,100,000Source | 1,289,900,000Source | 1,330,200,000Source | 1,332,800,000Source |
| Interest Expense (non-operating)USD | 715,000,000Source | 729,000,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 1,772,000,000Source | 1,807,000,000Source | 1,693,000,000Source | 1,698,000,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 2.84Source | 2.8Source | 2.76Source | 2.72Source |
| Current Income Tax Expense (Benefit)USD | 1,268,000,000Source | 1,275,000,000Source | 1,661,000,000Source | 1,833,000,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | -140,000,000Source | — | — | — |
| Fair Value, Option, Changes in Fair Value, Gain (Loss)USD | — | -171,000,000Source | -220,000,000Source | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -57,000,000Source | — | — | — |
| Gain (Loss) Related to Litigation SettlementUSD | — | — | — | 30,000,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 746,000,000Source | 1,037,000,000Source | 750,000,000Source | 1,295,000,000Source |
| Interest ExpenseUSD | — | — | 719,000,000Source | 636,000,000Source |
| Interest Income (Expense), NetUSD | 383,000,000Source | 511,000,000Source | 597,000,000Source | 386,000,000Source |
| Other Operating Income (Expense), NetUSD | -386,000,000Source | 23,000,000Source | -464,000,000Source | 131,000,000Source |
| Restructuring CostsUSD | 370,000,000Source | 303,000,000Source | — | — |