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NYSE · Healthcare

Medtronic plc (MDT)

As-reported financials and recent SEC filings for Medtronic plc, latest fiscal period FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Medtronic plc

Medtronic plc is a global healthcare technology company that develops, manufactures, and sells medical devices and therapies. Its main products include implantable cardiac devices, heart valve repair and replacement systems, and vascular treatment devices. The company serves healthcare systems, physicians, clinicians, and patients worldwide.

Snapshot

Revenue
$36.36B
Revenue growth (YoY)
8.4%
Net income
$4.80B
Diluted EPS
$3.73
Gross margin
65.0%
Operating margin
17.8%
Net margin
13.2%
FCF margin
14.9%
ROE
9.6%
P/E (TTM)
22.6×
Market cap
Debt / equity
0.5×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at Medtronic

  • Revenue grew 8.4% to $36.4B in FY2026, faster than the 3.6% the year before.
  • Operating margin is 17.8% in FY2026, -0.4 pp against 18.2% in FY2022.
  • Most recent quarter Q4 FY2026: revenue $9.8B, up 9.9% from Q4 FY2025.
  • Free cash flow was $5.4B in FY2026, 14.9% of revenue.
  • Net income rose 3.0% to $4.8B in FY2026.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Medtronic’s fundamentals sit among the 558 Healthcare companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin65.0%
60th percentile of 280
Operating margin17.8%
83rd percentile of 397
Net margin13.2%
80th percentile of 416
FCF margin14.9%
77th percentile of 371
Revenue growth (YoY)+8.4%
47th percentile of 538
ROE9.6%
72nd percentile of 474
P/E (TTM)22.6×
48th percentile of 203
Debt / equity0.52×
50th percentile of 243
Short interest2.45d
20th percentile of 557

No open-market insider buys in the last 90 days; 3 insider sales totaling $594,897. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
open-market
Bought (90d)
open-market value
Sells (90d)
3
$595K
Signal
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-07-08
filed 2026-07-09
Walter Matthew R.SVP, Chief HR OfficerSell3.1K$83.15$258K
2026-06-08
filed 2026-06-09
KIIL HARRY SKIPEVP & President CardiovascularSell4.0K$80.44$319K
2026-06-08
filed 2026-06-09
KIIL HARRY SKIPEVP & President CardiovascularSell228$80.45$18K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
19.0M
settled 2026-07-15
Change vs prior
-0.3%
vs previous settlement
Days to cover
2.45
at avg daily volume
Avg daily volume
7.8M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-1519.0M-0.3%2.45
2026-06-3019.1M+3.6%1.73
2026-06-1518.4M+10.0%1.52
2026-05-2916.8M+14.4%1.49
2026-05-1514.6M+0.3%1.48
2026-04-3014.6M-5.5%1.50
2026-04-1515.5M-9.0%2.06
2026-03-3117.0M+2.4%2.07

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$36.36B$33.54B$32.36B$31.23B$31.69B
Gross profit$23.64B$21.91B$21.15B$20.51B$21.54B
Operating income$6.47B$5.96B$5.14B$5.49B$5.75B
Net income$4.80B$4.66B$3.68B$3.76B$5.04B
Diluted EPS$3.73$3.61$2.76$2.82$3.73

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$7.33B$7.04B$6.79B$6.04B$7.35B
Capital expenditure$1.90B$1.86B$1.59B$1.46B$1.37B
Free cash flow$5.43B$5.18B$5.20B$4.58B$5.98B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q4 FY2026$9.81B9.9%$1.24B$0.97
Q3 FY2026$9.02B8.7%$1.14B$0.89
Q2 FY2026$8.96B6.6%$1.37B$1.07
Q1 FY2026$8.58B8.4%$1.04B$0.81
Q4 FY2025$8.93B3.9%$1.06B$0.82
Q3 FY2025$8.29B2.5%$1.29B$1.01
Q2 FY2025$8.40B5.2%$1.27B$0.99
Q1 FY2025$7.92B2.8%$1.04B$0.80

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorHealthcare
SIC industryElectromedical & Electrotherapeutic Apparatus
Fiscal year endApril 24
Latest fiscal periodFY2026
SEC filings since2016
SEC CIK1613103

Recent SEC filings

10-K2026-06-18
View on EDGAR →
10-K2025-06-20
View on EDGAR →
10-Q2026-02-24
View on EDGAR →
10-Q2025-11-25
View on EDGAR →
10-Q2025-08-26
View on EDGAR →
10-Q2025-02-25
View on EDGAR →
8-K2026-06-03
View on EDGAR →
8-K2026-05-18
View on EDGAR →

Largest Healthcare peers

All Healthcare companies →

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.