Medtronic PLC financials

Key figures from Medtronic PLC's filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricJul 2026Jul 2025Change
Revenue$9.8B$8.6B+13.7%
Net income$1.5B$1.0B+41.3%
Free cash flow$1.3B$584M+120.9%
Gross margin65.0%65.0%-0.0 pts
Operating margin18.1%16.8%+1.2 pts
Net margin15.1%12.1%+2.9 pts

Quarterly trend

Revenue by quarter
$8.0BOct 2023$8.1BJan 2024$8.6BApr 2024*$7.9BJul 2024$8.4BOct 2024$8.3BJan 2025$8.9BApr 2025*$8.6BJul 2025$9.0BOct 2025$9.0BJan 2026$9.8BApr 2026*$9.8BJul 2026
Net income by quarter
$909MOct 2023$1.3BJan 2024-$3.0BApr 2024*$1.0BJul 2024$1.3BOct 2024$1.3BJan 2025-$3.6BApr 2025*$1.0BJul 2025$1.4BOct 2025$1.1BJan 2026-$3.6BApr 2026*$1.5BJul 2026
Free cash flow by quarter
$200MOct 2023$2.1BJan 2024$2.4BApr 2024*$466MJul 2024$554MOct 2024$2.1BJan 2025$2.1BApr 2025*$584MJul 2025$457MOct 2025$2.3BJan 2026$2.1BApr 2026*$1.3BJul 2026
Margins by quarter
-56%13%83%Oct 2023Jan 2024Apr 2024*Jul 2024Oct 2024Jan 2025Apr 2025*Jul 2025Oct 2025Jan 2026Apr 2026*Jul 202665.4%65.6%64.5%65.1%64.9%66.5%64.8%65.0%65.8%63.8%65.4%65.0%16.8%18.3%12.3%16.1%19.0%19.9%16.1%16.8%18.8%16.2%19.1%18.1%11.4%16.3%-35.2%13.2%15.1%15.6%-40.4%12.1%15.3%12.7%-36.3%15.1%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Apr 2026$36.4B$4,8010.0%$5.4B$3.73
FY Apr 2025$33.5B$4,6620.0%$5.2B$3.61
FY Apr 2024$32.4B$3,6760.0%$5.2B$2.76
FY Apr 2023$31.2B$3,7580.0%$4.6B$2.82
FY Apr 2022$31.7B$5,0390.0%$6.0B$3.73

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.