MDT · XBRL financial data
Medtronic financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (MDT's year ends in late April)
| In millions of dollars | Apr 30, 2021 | Apr 29, 2022 | Apr 28, 2023 | Apr 26, 2024 | Apr 25, 2025 | Apr 24, 2026 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 30,117 | 31,686 | 31,227 | 32,364 | 33,537 | 36,364 |
| Cost of goods and services sold | 10,483 | 10,145 | 10,719 | 11,216 | 11,632 | 12,721 |
| Selling, general and administrative | 10,148 | 10,292 | 10,415 | 10,736 | 10,849 | 11,784 |
| Other operating income (expense) | (315) | (862) | 131 | (464) | 23 | (386) |
| Operating income (loss) | 4,484 | 5,752 | 5,485 | 5,144 | 5,955 | 6,467 |
| Interest expense | 925 | 553 | 636 | 719 | 729 | 715 |
| Other income (expense) | 336 | 318 | 515 | 412 | 402 | 384 |
| Income tax expense (benefit) | 265 | 456 | 1,580 | 1,133 | 936 | 1,299 |
| Net income (loss) | 3,606 | 5,039 | 3,758 | 3,676 | 4,662 | 4,801 |
| Earnings per share, basic USD per share | 2.68 | 3.75 | 2.83 | 2.77 | 3.63 | 3.75 |
| Earnings per share, diluted USD per share | 2.66 | 3.73 | 2.82 | 2.76 | 3.61 | 3.73 |
| Weighted average shares, basic millions of shares | 1,345 | 1,342 | 1,330 | 1,328 | 1,286 | 1,282 |
| Weighted average shares, diluted millions of shares | 1,354 | 1,351 | 1,333 | 1,330 | 1,290 | 1,288 |
Balance sheet
CSVFiscal years (MDT's year ends in late April)
Cash flows
CSVFiscal years (MDT's year ends in late April)
| In millions of dollars | Apr 30, 2021 | Apr 29, 2022 | Apr 28, 2023 | Apr 26, 2024 | Apr 25, 2025 | Apr 24, 2026 |
|---|---|---|---|---|---|---|
| Net income (loss) | 3,606 | 5,039 | 3,758 | 3,676 | 4,662 | 4,801 |
| Stock-based compensation | 344 | 359 | 355 | 393 | 429 | 457 |
| Depreciation and amortization | 2,702 | 2,707 | 2,697 | 2,647 | 2,861 | 2,958 |
| Net cash from operating activities | 6,240 | 7,346 | 6,039 | 6,787 | 7,044 | 7,330 |
| Purchases of property and equipment | 1,355 | 1,368 | 1,459 | 1,587 | 1,859 | 1,904 |
| Net cash from investing activities | (2,866) | (1,659) | (3,493) | (2,366) | (1,937) | (2,934) |
| Proceeds from issuing common stock | — | — | — | 284 | 508 | 516 |
| Proceeds from issuing equity | 474 | 429 | 308 | 284 | 508 | — |
| Share repurchases | 652 | 2,544 | 645 | 2,138 | 3,235 | 1,035 |
| Dividends paid | 3,120 | 3,383 | 3,616 | 3,666 | 3,589 | 3,639 |
| Proceeds from long-term debt | 7,172 | 0 | 5,409 | 0 | 3,209 | 1,747 |
| Repayments of long-term debt | 7,367 | 1 | 6,012 | 0 | 0 | 2,930 |
| Net cash from financing activities | (4,136) | (5,336) | (4,960) | (4,450) | (4,361) | (4,751) |
| Net change in cash | (547) | 121 | (2,171) | (259) | 934 | (269) |
Compare with peers
SIC 3845 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3845 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Medtronic | 1,691 | 9,756 | 1,793 | 1.3B | 10-QJul 31, 2026 |
| Stryker | 3,271 | 6,520 | 1,461* | 380.7M | 10-QSep 30, 2026 |
| Boston Scientific | 609 | 5,138 | 1,048* | 1.4B | 10-QSep 30, 2026 |
| 3M | 4,835 | 6,584 | 486* | 516.7M | 10-QSep 30, 2026 |
| Intuitive Surgical | 2,978 | 3,049 | 1,224* | 346.6M | 10-QSep 30, 2026 |
| Becton Dickinson | 708 | 4,983 | not reported | 272.4M | 10-QJun 30, 2026 |
| Edwards Lifesciences | 2,907 | 1,741 | 652* | 576.4M | 10-QJun 30, 2026 |
| Resmed | 1,011 | 1,415 | 422 | 140.7M | 10-QSep 30, 2026 |
| Dexcom | 961 | 1,345 | 326* | 373.0M | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.