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Medtronic revenue

Medtronic's revenue was $36.36bn in fiscal 2026, up 8.4% on the year before. Since fiscal 2013 ($16.59bn) it has grown at a compound 6.2% a year. Over the last twelve months it was $37.54bn.

Revenue history

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Medtronic: revenue history, annual
Fiscal year2013Apr 20132014Apr 20142015Apr 20152016Apr 20162017Apr 20172018Apr 20182019Apr 20192020Apr 20202021Apr 20212022Apr 20222023Apr 20232024Apr 20242025Apr 20252026Apr 2026LTMJul 2026
Revenue16.617.020.328.829.730.030.628.930.131.731.232.433.536.437.5
Growth on the year before—+2.5%+19.1%+42.3%+3.0%+0.8%+2.0%−5.4%+4.2%+5.2%−1.4%+3.6%+3.6%+8.4%—
Gross profit12.512.714.019.720.420.921.419.519.621.520.521.121.923.624.4

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to April 24, 2026
Geography
Region Revenue Share YoY
Total Other Countries Excluding Ireland $36.2B 100.0% ▲ 8.4%
Outside the US (part of Total Other Countries Excluding Ireland) $18.3B 50.4% ▲ 11.6%
United States (part of Total Other Countries Excluding Ireland) $18.1B 50.0% ▲ 5.4%

From Medtronic's 10-K filed June 18, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Health Care Equipment: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Medtronic $37.54bn 9.8% 6.0%
Abbott Laboratories $46.59bn 8.1% 5.0%
Stryker Corporation $26.30bn 7.9% 9.8%
GE HealthCare $21.64bn 6.9% 3.9%
Boston Scientific $21.07bn 8.9% 15.3%
Koninklijke Philips NV $20.16bn 3.4% —

Compare with peers

Head to head: ABT vs MDTMDT vs SYKGEHC vs MDT

More: Health Care Equipment stocks compared, Health Care sector, rankings of US companies

Figures from Medtronic's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Medtronic.