Medtronic net income 1986–2027What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
Medtronic earned 1.47B USD in Q1 FY2027, the three months to 31 July 2026, up 41.3% on the same quarter a year before. Medtronic's net income over the last twelve months was 5.23B USD, up 12.2% on the twelve months before. In fiscal year 2026 it earned 4.80B USD, up 3.0% on the year before.
Last updated 6 Nov 2026 · Next report 24 Nov 2026
Net income
Growth
| Fiscal year | Period ending | Net income | Growth | Net margin | Revenue |
|---|---|---|---|---|---|
| TTM | 31 Jul 2026 | 5.23B | +12.21% | 13.93% | 37.54B |
| FY2026 | 24 Apr 2026 | 4.80B | +2.96% | 13.20% | 36.36B |
| FY2025 | 25 Apr 2025 | 4.66B | +26.82% | 13.90% | 33.54B |
| FY2024 | 26 Apr 2024 | 3.68B | -2.18% | 11.36% | 32.36B |
| FY2023 | 28 Apr 2023 | 3.76B | -25.42% | 12.03% | 31.23B |
| FY2022 | 29 Apr 2022 | 5.04B | +39.74% | 15.90% | 31.69B |
| FY2021 | 30 Apr 2021 | 3.61B | -24.70% | 11.97% | 30.12B |
| FY2020 | 30 Apr 2020 | 4.79B | +3.41% | 16.56% | 28.91B |
| FY2019 | 26 Apr 2019 | 4.63B | +49.19% | 15.16% | 30.56B |
| FY2018 | 27 Apr 2018 | 3.10B | -22.94% | 10.36% | 29.95B |
| FY2017 | 28 Apr 2017 | 4.03B | +13.85% | 13.56% | 29.71B |
| FY2016 | 29 Apr 2016 | 3.54B | +32.26% | 12.27% | 28.83B |
| FY2015 | 30 Apr 2015 | 2.68B | -12.72% | 13.20% | 20.26B |
| FY2014 | 25 Apr 2014 | 3.07B | -11.60% | 18.02% | 17.01B |
| FY2013 | 30 Apr 2013 | 3.47B | -4.15% | 20.90% | 16.59B |
| FY2012 | 30 Apr 2012 | 3.62B | +16.83% | 22.35% | 16.18B |
| FY2011 | 30 Apr 2011 | 3.10B | -0.10% | 19.43% | 15.93B |
| FY2010 | 30 Apr 2010 | 3.10B | +42.88% | 19.59% | 15.82B |
| FY2009 | 30 Apr 2009 | 2.17B | -2.78% | 14.86% | 14.60B |
| FY2008 | 30 Apr 2008 | 2.23B | -20.38% | 16.51% | 13.52B |
| FY2007 | 30 Apr 2007 | 2.80B | +10.02% | 22.78% | 12.30B |
| FY2006 | 30 Apr 2006 | 2.55B | +41.18% | 22.55% | 11.29B |
| FY2005 | 30 Apr 2005 | 1.80B | -7.93% | 17.94% | 10.05B |
| FY2004 | 30 Apr 2004 | 1.96B | +22.47% | 21.56% | 9.09B |
| FY2003 | 30 Apr 2003 | 1.60B | +62.58% | 20.87% | 7.67B |
| FY2002 | 30 Apr 2002 | 984.00M | -5.93% | 15.35% | 6.41B |
| FY2001 | 30 Apr 2001 | 1.05B | -4.78% | 18.84% | 5.55B |
| FY2000 | 30 Apr 2000 | 1.10B | +134.52% | 21.91% | 5.01B |
| FY1999 | 30 Apr 1999 | 468.40M | -21.22% | 11.33% | 4.13B |
| FY1998 | 30 Apr 1998 | 594.60M | +1.95% | 22.83% | 2.60B |
| FY1997 | 30 Apr 1997 | 583.20M | +36.17% | 23.92% | 2.44B |
| FY1996 | 30 Apr 1996 | 428.30M | +45.68% | 19.75% | 2.17B |
| FY1995 | 30 Apr 1995 | 294.00M | +26.51% | 16.87% | 1.74B |
| FY1994 | 30 Apr 1994 | 232.40M | +17.85% | 16.71% | 1.39B |
| FY1993 | 30 Apr 1993 | 197.20M | +22.11% | 14.85% | 1.33B |
| FY1992 | 30 Apr 1992 | 161.50M | +21.06% | 13.72% | 1.18B |
| FY1991 | 30 Apr 1991 | 133.40M | +22.72% | 13.06% | 1.02B |
| FY1990 | 30 Apr 1990 | 108.70M | +11.60% | 12.99% | 836.60M |
| FY1989 | 30 Apr 1989 | 97.40M | +12.60% | 13.13% | 741.70M |
| FY1988 | 30 Apr 1988 | 86.50M | +17.21% | 13.24% | 653.30M |
| FY1987 | 30 Apr 1987 | 73.80M | +38.20% | 14.70% | 502.00M |
| FY1986 | 30 Apr 1986 | 53.40M | — | 13.26% | 402.80M |
| Quarter | Period ending | Net income | Growth on a year before | Net margin | Revenue |
|---|---|---|---|---|---|
| Q1 FY2027 | 31 Jul 2026 | 1.47B | +41.35% | 15.07% | 9.76B |
| Q4 FY2026 | 30 Apr 2026 | 1.24B | +17.60% | 12.67% | 9.81B |
| Q3 FY2026 | 31 Jan 2026 | 1.14B | -11.67% | 12.67% | 9.02B |
| Q2 FY2026 | 31 Oct 2025 | 1.37B | +8.19% | 15.33% | 8.96B |
| Q1 FY2026 | 31 Jul 2025 | 1.04B | -0.19% | 12.12% | 8.58B |
| Q4 FY2025 | 25 Apr 2025 | 1.06B | +61.62% | 11.84% | 8.93B |
| Q3 FY2025 | 31 Jan 2025 | 1.29B | -2.12% | 15.61% | 8.29B |
| Q2 FY2025 | 31 Oct 2024 | 1.27B | +39.71% | 15.11% | 8.40B |
| Q1 FY2025 | 26 Jul 2024 | 1.04B | +31.73% | 13.16% | 7.92B |
| Q4 FY2024 | 26 Apr 2024 | 654.00M | -44.53% | 7.61% | 8.59B |
| Q3 FY2024 | 26 Jan 2024 | 1.32B | +8.18% | 16.34% | 8.09B |
| Q2 FY2024 | 27 Oct 2023 | 909.00M | +112.88% | 11.39% | 7.98B |
| Q1 FY2024 | 28 Jul 2023 | 791.00M | -14.85% | 10.27% | 7.70B |
| Q4 FY2023 | 28 Apr 2023 | 1.18B | -20.61% | 13.80% | 8.54B |
| Q3 FY2023 | 27 Jan 2023 | 1.22B | -17.43% | 15.81% | 7.73B |
| Q2 FY2023 | 28 Oct 2022 | 427.00M | -67.43% | 5.63% | 7.59B |
| Q1 FY2023 | 29 Jul 2022 | 929.00M | +21.76% | 12.60% | 7.37B |
| Q4 FY2022 | 29 Apr 2022 | 1.49B | +9.11% | 18.36% | 8.09B |
| Q3 FY2022 | 28 Jan 2022 | 1.48B | +16.54% | 19.06% | 7.76B |
| Q2 FY2022 | 29 Oct 2021 | 1.31B | +168.10% | 16.71% | 7.85B |
| Q1 FY2022 | 30 Jul 2021 | 763.00M | +56.67% | 9.55% | 7.99B |
| Q4 FY2021 | 30 Apr 2021 | 1.36B | +110.68% | 16.62% | 8.19B |
| Q3 FY2021 | 29 Jan 2021 | 1.27B | -33.68% | 16.33% | 7.78B |
| Q2 FY2021 | 30 Oct 2020 | 489.00M | -64.15% | 6.39% | 7.65B |
| Q1 FY2021 | 31 Jul 2020 | 487.00M | -43.63% | 7.48% | 6.51B |
| Q4 FY2020 | 30 Apr 2020 | 646.00M | -44.88% | 10.77% | 6.00B |
| Q3 FY2020 | 31 Jan 2020 | 1.92B | +50.91% | 24.82% | 7.72B |
| Q2 FY2020 | 31 Oct 2019 | 1.36B | +22.33% | 17.70% | 7.71B |
| Q1 FY2020 | 26 Jul 2019 | 864.00M | -19.63% | 11.53% | 7.49B |
| Q4 FY2019 | 26 Apr 2019 | 1.17B | -19.73% | 14.39% | 8.15B |
| Q3 FY2019 | 31 Jan 2019 | 1.27B | — | 16.82% | 7.55B |
| Q2 FY2019 | 26 Oct 2018 | 1.12B | -44.72% | 14.90% | 7.48B |
| Q1 FY2019 | 27 Jul 2018 | 1.08B | +5.81% | 14.56% | 7.38B |
| Q4 FY2018 | 27 Apr 2018 | 1.46B | +25.54% | 17.93% | 8.14B |
| Q3 FY2018 | 26 Jan 2018 | -1.39B | -269.18% | -18.85% | 7.37B |
| Q2 FY2018 | 27 Oct 2017 | 2.02B | +80.90% | 28.61% | 7.05B |
| Q1 FY2018 | 28 Jul 2017 | 1.02B | +9.36% | 13.75% | 7.39B |
| Q4 FY2017 | 28 Apr 2017 | 1.16B | +5.34% | 14.69% | 7.92B |
| Q3 FY2017 | 27 Jan 2017 | 821.00M | -25.02% | 11.27% | 7.28B |
| Q2 FY2017 | 28 Oct 2016 | 1.12B | +114.42% | 15.18% | 7.35B |
| Q1 FY2017 | 29 Jul 2016 | 929.00M | +13.29% | 12.96% | 7.17B |
| Q4 FY2016 | 29 Apr 2016 | 1.10B | — | 14.59% | 7.57B |
| Q3 FY2016 | 29 Jan 2016 | 1.10B | +12.08% | 15.79% | 6.93B |
| Q2 FY2016 | 30 Oct 2015 | 520.00M | -37.20% | 7.37% | 7.06B |
| Q1 FY2016 | 31 Jul 2015 | 820.00M | -5.86% | 11.27% | 7.27B |
| Q4 FY2015 | 30 Apr 2015 | -1.00M | -100.22% | -0.01% | 7.30B |
| Q3 FY2015 | 31 Jan 2015 | 977.00M | +28.22% | 22.63% | 4.32B |
| Q2 FY2015 | 31 Oct 2014 | 828.00M | -8.20% | 18.96% | 4.37B |
| Q1 FY2015 | 31 Jul 2014 | 871.00M | -8.60% | 20.38% | 4.27B |
| Q4 FY2014 | 30 Apr 2014 | 448.00M | -53.77% | 9.81% | 4.57B |
| Q3 FY2014 | 31 Jan 2014 | 762.00M | -22.87% | 18.30% | 4.16B |
| Q2 FY2014 | 31 Oct 2013 | 902.00M | +39.63% | 21.51% | 4.19B |
| Q1 FY2014 | 31 Jul 2013 | 953.00M | +10.30% | 23.34% | 4.08B |
| Q4 FY2013 | 30 Apr 2013 | 969.00M | -2.22% | 21.73% | 4.46B |
| Q3 FY2013 | 31 Jan 2013 | 988.00M | +5.67% | 24.53% | 4.03B |
| Q2 FY2013 | 31 Oct 2012 | 646.00M | -25.83% | 15.78% | 4.10B |
| Q1 FY2013 | 31 Jul 2012 | 864.00M | +5.24% | 21.56% | 4.01B |
| Q4 FY2012 | 30 Apr 2012 | 991.00M | +27.71% | 23.06% | 4.30B |
| Q3 FY2012 | 31 Jan 2012 | 935.00M | +1.19% | 23.86% | 3.92B |
| Q2 FY2012 | 31 Oct 2011 | 871.00M | +53.89% | 21.08% | 4.13B |
| Q1 FY2012 | 31 Jul 2011 | 821.00M | -1.08% | 20.28% | 4.05B |
| Q4 FY2011 | 30 Apr 2011 | 776.00M | -18.66% | 18.07% | 4.30B |
| Q3 FY2011 | 31 Jan 2011 | 924.00M | +11.19% | 23.33% | 3.96B |
| Q2 FY2011 | 31 Oct 2010 | 566.00M | -34.79% | 14.50% | 3.90B |
| Q1 FY2011 | 31 Jul 2010 | 830.00M | +86.52% | 22.00% | 3.77B |
| Q4 FY2010 | 30 Apr 2010 | 954.00M | +645.31% | 22.74% | 4.20B |
| Q3 FY2010 | 31 Jan 2010 | 831.00M | +19.05% | 21.58% | 3.85B |
| Q2 FY2010 | 31 Oct 2009 | 868.00M | +58.68% | 22.62% | 3.84B |
| Q1 FY2010 | 31 Jul 2009 | 445.00M | -38.45% | 11.31% | 3.93B |
| Q4 FY2009 | 30 Apr 2009 | 128.00M | -84.26% | 3.34% | 3.83B |
| Q3 FY2009 | 31 Jan 2009 | 698.00M | +806.49% | 19.98% | 3.49B |
| Q2 FY2009 | 31 Oct 2008 | 547.00M | -17.87% | 15.32% | 3.57B |
| Q1 FY2009 | 31 Jul 2008 | 723.00M | +7.11% | 19.51% | 3.71B |
| Q4 FY2008 | 30 Apr 2008 | 813.00M | +0.12% | 21.06% | 3.86B |
| Q3 FY2008 | 31 Jan 2008 | 77.00M | -89.15% | 2.26% | 3.41B |
| Q2 FY2008 | 31 Oct 2007 | 666.00M | -2.20% | 21.32% | 3.12B |
| Q1 FY2008 | 31 Jul 2007 | 675.00M | +12.69% | 21.59% | 3.13B |
| Q4 FY2007 | 30 Apr 2007 | 812.00M | +9.73% | 24.76% | 3.28B |
| Q3 FY2007 | 31 Jan 2007 | 710.00M | +6.03% | 23.29% | 3.05B |
| Q2 FY2007 | 31 Oct 2006 | 681.00M | -16.60% | 22.15% | 3.08B |
| Q1 FY2007 | 31 Jul 2006 | 599.00M | +86.84% | 20.68% | 2.90B |
| Q4 FY2006 | 30 Apr 2006 | 740.00M | +280.66% | 24.13% | 3.07B |
| Q3 FY2006 | 31 Jan 2006 | 669.60M | +23.07% | 24.18% | 2.77B |
| Q2 FY2006 | 31 Oct 2005 | 816.50M | +52.42% | 29.53% | 2.77B |
| Q1 FY2006 | 31 Jul 2005 | 320.60M | -39.48% | 11.92% | 2.69B |
| Q4 FY2005 | 30 Apr 2005 | 194.40M | -65.83% | 7.00% | 2.78B |
| Q3 FY2005 | 31 Jan 2005 | 544.10M | +17.29% | 21.50% | 2.53B |
| Q2 FY2005 | 31 Oct 2004 | 535.70M | +12.52% | 22.32% | 2.40B |
| Q1 FY2005 | 31 Jul 2004 | 529.70M | +17.61% | 22.58% | 2.35B |
| Q4 FY2004 | 30 Apr 2004 | 568.90M | +16.79% | 21.34% | 2.67B |
| Q3 FY2004 | 31 Jan 2004 | 463.90M | +8.46% | 21.15% | 2.19B |
| Q2 FY2004 | 31 Oct 2003 | 476.10M | +57.81% | 22.00% | 2.16B |
| Q1 FY2004 | 31 Jul 2003 | 450.40M | +17.51% | 21.82% | 2.06B |
| Q4 FY2003 | 30 Apr 2003 | 487.10M | +61.88% | 22.68% | 2.15B |
| Q3 FY2003 | 31 Jan 2003 | 427.70M | +35.82% | 22.36% | 1.91B |
| Q2 FY2003 | 31 Oct 2002 | 301.70M | +352.32% | 15.95% | 1.89B |
| Q1 FY2003 | 31 Jul 2002 | 383.30M | +27.13% | 22.36% | 1.71B |
| Q4 FY2002 | 30 Apr 2002 | 300.90M | +100.60% | 16.80% | 1.79B |
| Q3 FY2002 | 31 Jan 2002 | 314.90M | +4.00% | 19.78% | 1.59B |
| Q2 FY2002 | 31 Oct 2001 | 66.70M | -78.76% | 4.25% | 1.57B |
| Q1 FY2002 | 31 Jul 2001 | 301.50M | +4.33% | 20.71% | 1.46B |
| Q4 FY2001 | 30 Apr 2001 | 150.00M | -53.45% | 9.88% | 1.52B |
| Q3 FY2001 | 31 Jan 2001 | 302.80M | +15.05% | 22.24% | 1.36B |
| Q2 FY2001 | 31 Oct 2000 | 314.10M | +21.98% | 23.07% | 1.36B |
| Q1 FY2001 | 31 Jul 2000 | 289.00M | +16.11% | 22.06% | 1.31B |
| Q4 FY2000 | 30 Apr 2000 | 322.20M | +103.80% | 22.50% | 1.43B |
| Q3 FY2000 | 31 Jan 2000 | 263.20M | — | 20.91% | 1.26B |
| Q2 FY2000 | 31 Oct 1999 | 257.50M | +120.09% | 22.19% | 1.16B |
| Q1 FY2000 | 31 Jul 1999 | 248.90M | +8.93% | 22.53% | 1.10B |
| Q4 FY1999 | 30 Apr 1999 | 158.10M | -1.25% | 14.13% | 1.12B |
| Q3 FY1999 | 31 Jan 1999 | -34.10M | -202.40% | -3.28% | 1.04B |
| Q2 FY1999 | 31 Oct 1998 | 117.00M | -18.47% | 16.06% | 728.40M |
| Q1 FY1999 | 31 Jul 1998 | 228.50M | +55.97% | 34.98% | 653.20M |
| Q4 FY1998 | 30 Apr 1998 | 160.10M | +10.03% | 23.37% | 685.00M |
| Q3 FY1998 | 31 Jan 1998 | 33.30M | -74.13% | 5.27% | 631.40M |
| Q2 FY1998 | 31 Oct 1997 | 143.50M | +11.85% | 22.35% | 642.10M |
| Q1 FY1998 | 31 Jul 1997 | 146.50M | +14.99% | 22.67% | 646.30M |
| Q4 FY1997 | 30 Apr 1997 | 145.50M | +16.03% | 22.72% | 640.40M |
| Q3 FY1997 | 31 Jan 1997 | 128.70M | +18.07% | 21.50% | 598.70M |
| Q2 FY1997 | 31 Oct 1996 | 128.30M | +22.66% | 21.45% | 598.20M |
| Q1 FY1997 | 31 Jul 1996 | 127.40M | +27.78% | 21.20% | 600.90M |
| Q4 FY1996 | 30 Apr 1996 | 125.40M | +42.82% | 21.04% | 596.10M |
| Q3 FY1996 | 31 Jan 1996 | 109.00M | +52.66% | 20.60% | 529.20M |
| Q2 FY1996 | 31 Oct 1995 | 104.60M | +50.07% | 20.17% | 518.60M |
| Q1 FY1996 | 31 Jul 1995 | 99.70M | +53.15% | 19.03% | 523.80M |
| Q4 FY1995 | 30 Apr 1995 | 87.80M | +31.44% | 16.99% | 516.70M |
| Q3 FY1995 | 31 Jan 1995 | 71.40M | +25.48% | 17.26% | 413.70M |
| Q2 FY1995 | 31 Oct 1994 | 69.70M | +24.02% | 17.07% | 408.20M |
| Q1 FY1995 | 31 Jul 1994 | 65.10M | +24.00% | 16.12% | 403.80M |
| Q4 FY1994 | 30 Apr 1994 | 66.80M | +15.17% | 17.00% | 392.90M |
| Q3 FY1994 | 31 Jan 1994 | 56.90M | +19.04% | 17.01% | 334.60M |
| Q2 FY1994 | 31 Oct 1993 | 56.20M | -6.64% | 16.92% | 332.10M |
| Q1 FY1994 | 31 Jul 1993 | 52.50M | +15.13% | 15.85% | 331.30M |
| Q4 FY1993 | 30 Apr 1993 | 58.00M | +22.36% | 16.19% | 358.30M |
| Q3 FY1993 | 31 Jan 1993 | 47.80M | +21.32% | 15.51% | 308.20M |
| Q2 FY1993 | 31 Oct 1992 | 60.20M | +56.36% | 18.14% | 331.80M |
| Q1 FY1993 | 31 Jul 1992 | 45.60M | +26.32% | 13.82% | 329.90M |
| Q4 FY1992 | 30 Apr 1992 | 47.40M | +17.62% | 14.20% | 333.70M |
| Q3 FY1992 | 31 Jan 1992 | 39.40M | +15.20% | 13.16% | 299.50M |
| Q2 FY1992 | 31 Oct 1991 | 38.50M | +34.15% | 13.80% | 279.00M |
| Q1 FY1992 | 31 Jul 1991 | 36.10M | +25.35% | 13.64% | 264.70M |
| Q4 FY1991 | 30 Apr 1991 | 40.30M | +30.00% | 14.33% | 281.30M |
| Q3 FY1991 | 31 Jan 1991 | 34.20M | +26.20% | 13.56% | 252.20M |
| Q2 FY1991 | 31 Oct 1990 | 28.70M | +9.54% | 11.27% | 254.60M |
| Q1 FY1991 | 31 Jul 1990 | 28.80M | +6.27% | 12.79% | 225.10M |
| Q4 FY1990 | 30 Apr 1990 | 31.00M | +22.05% | 13.10% | 236.70M |
| Q3 FY1990 | 31 Jan 1990 | 27.10M | +13.87% | 13.07% | 207.40M |
| Q2 FY1990 | 31 Oct 1989 | 26.20M | +15.42% | 13.06% | 200.60M |
| Q1 FY1990 | 31 Jul 1989 | 27.10M | +6.69% | 14.12% | 191.90M |
| Q4 FY1989 | 30 Apr 1989 | 25.40M | +10.43% | 12.83% | 197.90M |
| Q3 FY1989 | 31 Jan 1989 | 23.80M | +10.19% | 12.74% | 186.80M |
| Q2 FY1989 | 31 Oct 1988 | 22.70M | +4.61% | 12.53% | 181.20M |
| Q1 FY1989 | 31 Jul 1988 | 25.40M | +25.12% | 14.45% | 175.80M |
| Q4 FY1988 | 30 Apr 1988 | 23.00M | +15.00% | 12.16% | 189.20M |
| Q3 FY1988 | 31 Jan 1988 | 21.60M | +18.68% | 12.91% | 167.30M |
| Q2 FY1988 | 31 Oct 1987 | 21.70M | +21.91% | 14.26% | 152.20M |
| Q1 FY1988 | 31 Jul 1987 | 20.30M | +14.04% | 14.04% | 144.60M |
| Q4 FY1987 | 30 Apr 1987 | 20.00M | +25.00% | 13.90% | 143.90M |
| Q3 FY1987 | 31 Jan 1987 | 18.20M | — | 14.94% | 121.80M |
| Q2 FY1987 | 31 Oct 1986 | 17.80M | +20.27% | 14.82% | 120.10M |
| Q1 FY1987 | 31 Jul 1986 | 17.80M | — | 15.32% | 116.20M |
| Q4 FY1986 | 30 Apr 1986 | 16.00M | — | 14.40% | 111.10M |
| Q3 FY1986 | 31 Jan 1986 | 0.00 | — | 0.00% | 100.10M |
| Q2 FY1986 | 31 Oct 1985 | 14.80M | — | 14.70% | 100.70M |
Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Free cash flow,Stock buybacks,Income statement
Common questions about Medtronic's profit
Source: Financial Modeling Prep
