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Medtronic plc

MDT
Exchange
NYSE
Industry
Electromedical & Electrotherapeutic Apparatus
SEC CIK
0001613103

In the last 90 days, Medtronic plc insiders filed 0 open-market purchases and 3 sales; 2,151 institutions reported holding it in 13F filings for Q2 2026, worth $86.8B in total; no superinvestor holds it.

Currency
USD
Source
SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
Updated
Oct 8, 2026, 1:42 PM ET

Revenue flow, FY2026

Where the revenue went in FY2026, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.

Income statement

Each column is one fiscal year, newest first.

Income statement of Medtronic plc, annual
Line itemFY2026FY2025FY2024FY2023FY2022
Period endApr 24, 2026Apr 25, 2025Apr 26, 2024Apr 28, 2023Apr 29, 2022
Filing10-K10-K10-K10-K10-K
ReportedJun 3, 2026May 21, 2025May 23, 2024May 25, 2023May 26, 2022
Revenue$36.4B$33.5B$32.4B$31.2B$31.7B
Cost of revenue$12.7B$11.6B$11.2B$10.7B$10.1B
Research and development$2.87B$2.73B$2.73B$2.70B$2.75B
Selling, general and administrative$11.8B$10.8B$10.7B$10.4B$10.3B
Operating income$6.47B$5.96B$5.14B$5.49B$5.75B
Interest expense––$719.0M$636.0M$553.0M
Income tax$1.30B$936.0M$1.13B$1.58B$456.0M
Net income$4.80B$4.66B$3.68B$3.76B$5.04B
EPS, basic$3.75$3.63$2.77$2.83$3.75
EPS, diluted$3.73$3.61$2.76$2.82$3.73
Weighted shares, basic1.28B1.29B1.33B1.33B1.34B
Weighted shares, diluted1.29B1.29B1.33B1.33B1.35B
Margins and growth
Operating margin17.8%17.8%15.9%17.6%18.2%
Net margin13.2%13.9%11.4%12.0%15.9%
Revenue growth, year over year+8.4%+3.6%+3.6%−1.4%+5.2%
Net income growth, year over year+3.0%+26.8%−2.2%−25.4%+39.7%

Balance sheet

Each column is one fiscal year, newest first.

Balance sheet of Medtronic plc, annual
Line itemFY2026FY2025FY2024FY2023FY2022
Period endApr 24, 2026Apr 25, 2025Apr 26, 2024Apr 28, 2023Apr 29, 2022
Filing10-K10-K10-K10-K10-K
ReportedJun 3, 2026May 21, 2025May 23, 2024May 25, 2023May 26, 2022
Cash and equivalents$1.95B$2.22B$1.28B$1.54B$3.71B
Short-term investments$7.27B$6.75B$6.72B$6.42B$6.86B
Accounts receivable$6.64B$6.51B$6.13B$6.00B$5.55B
Inventory$5.95B$5.48B$5.22B$5.29B$4.62B
Total current assets$24.8B$23.8B$21.9B$21.7B$23.1B
Property, plant and equipment$7.42B$6.84B$6.13B$5.57B$5.41B
Goodwill$42.6B$41.7B$41.0B$41.4B$40.5B
Intangible assets$10.1B$11.7B$13.2B$14.8B$15.6B
Total assets$93.0B$91.7B$90.0B$90.9B$91.0B
Accounts payable$2.64B$2.45B$2.41B$2.66B$2.28B
Short-term debt$1.79B$2.87B$1.09B$20.0M$3.74B
Total current liabilities$11.7B$12.9B$10.8B$9.05B$12.4B
Total liabilities$43.0B$43.4B$39.6B$39.3B$38.3B
Shareholders' equity$50.1B$48.3B$50.4B$51.7B$52.7B

Cash flow statement

Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.

Cash flow statement of Medtronic plc, annual
Line itemFY2026FY2025FY2024FY2023FY2022
Period endApr 24, 2026Apr 25, 2025Apr 26, 2024Apr 28, 2023Apr 29, 2022
Filing10-K10-K10-K10-K10-K
ReportedJun 3, 2026May 21, 2025May 23, 2024May 25, 2023May 26, 2022
Operating cash flow$7.33B$7.04B$6.79B$6.04B$7.35B
Capital expenditures$1.90B$1.86B$1.59B$1.46B$1.37B
Free cash flow$5.43B$5.18B$5.20B$4.58B$5.98B
Depreciation and amortization$2.96B$2.86B$2.65B$2.70B$2.71B
Stock-based compensation$457.0M$429.0M$393.0M$355.0M$359.0M
Dividends paid$3.64B$3.59B$3.67B$3.62B$3.38B
Share buybacks$1.03B$3.23B$2.14B$645.0M$2.54B
Investing cash flow-$2.93B-$1.94B-$2.37B-$3.49B-$1.66B
Financing cash flow-$4.75B-$4.36B-$4.45B-$4.96B-$5.34B
Net change in cash-$269.0M$934.0M-$259.0M-$2.17B$121.0M
Ratio
Stock-based compensation, % of revenue1.3%1.3%1.2%1.1%1.1%

Shares outstanding

Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.

Shares outstanding for Medtronic plc by cover date
Cover dateShares outstandingChange in a yearFiling
Aug 28, 20261.28B−0.3%SEC
Jun 12, 20261.28B−0.1%SEC
Feb 18, 20261.28B+0.1%SEC
Nov 19, 20251.28B0.0%SEC
Aug 20, 20251.28B0.0%SEC
Jun 17, 20251.28B−0.1%SEC
Feb 19, 20251.28B−3.4%SEC
Nov 20, 20241.28B−3.6%SEC

Notes and known gaps

How these numbers are put together, and what they can't tell you.

  • Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
  • Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.

Known gaps

  • Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
  • EPS and share counts are as reported at the time, not adjusted for later stock splits.
  • For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
  • For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
  • Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
  • Depreciation and amortization is missing for some companies that report it under their own XBRL tags.