Medtronic plc

MDTNYSEHealthcare● Active

$81.67

$-0.26(-0.32%)

Market Cap$104.9B

P/E Ratio—

52W High$106.33

52W Low$73.31

Avg Volume9.6M

Open$82.10

Beta0.60

Net Income Financials Revenue

Medtronic plc (MDT) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

MDT · net income · updated Jun 8, 2026

Core profitability metrics

MDT · net income · margin · TTM · CAGR

Net income was $4.80B for FY2026 (fiscal year ending 2026-04-24), up 3.0% year-over-year. Net profit margin was 13.2%. Based on available data, Medtronic plc has been profitable since at least 2012.

FY2026 Net Income$4.80B▲ +3.0% YoY

Trailing 12M (TTM)$4.80Btrailing 4 quarters sum

Net Profit Margin13.2%$4.80B ÷ $36.36B

YoY Change+3.0%—

5-Year CAGR+5.9%FY2020 → FY2026

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2012

▸ FMP /income-statement · Annual · MDT net income history · MDT profit margin

Annual net income data

MDT · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2026$4.80B▲ +3.0%13.2%$36.36B

FY2025$4.66B▲ +26.8%13.9%$33.54B

FY2024$3.68B▼ 2.2%11.4%$32.36B

FY2023$3.76B▼ 25.4%12.0%$31.23B

FY2022$5.04B▲ +39.7%15.9%$31.69B

Net income vs peers (Healthcare)

MDT vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

Medtronic plcYOU

MDT

$4.80B+3.0%13.2%

18%

Eli Lilly and Company

LLY

$20.64B+94.9%31.7%

77%

UnitedHealth Group Incorporated

Healthcare · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Medtronic plc (MDT) reported net income of $4.80B for FY2026 (fiscal year ending 2026-04-24), up 3.0% year-over-year. The net profit margin was 13.2% — meaning the company kept $0.13 of every dollar of revenue as profit.

Based on available data, Medtronic plc has been profitable since at least 2012. Net income reached a peak of $5.04B in FY2022. Data available for 15 fiscal years.

Medtronic plc's net profit margin was 13.2% for FY2026, based on the latest annual results.

Investors sometimes search for "Medtronic plc net worth" — the company's market capitalization is a separate figure from MDT net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

MDT net income · 5 questions

Medtronic plc is profitable. The company reported net income of $4.80B for FY2026, a net profit margin of 13.2%. Net income was up 3.0% year-over-year. Based on available data, Medtronic plc has been profitable since at least 2012.

is MDT profitabledoes MDT make a profitMDT profitabilityMDT profitable company

▸ Source: FMP /income-statement · GAAP · Medtronic plc · Medtronic plc SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026