Medtronic plc Cost of Revenue 2013-2026 | MDT
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What is cost of revenue?
Cost of revenue includes the direct costs attributable to producing goods or delivering services sold by the company.
What is Medtronic plc's current cost of revenue?
Medtronic plc (MDT) annual cost of revenue for 2025 was $11.63B, a 3.71% increase from 2024. Medtronic plc cost of revenue for the quarter ending October 24, 2025 was $3.06B.
What was Medtronic plc's cost of revenue in 2024?
Medtronic plc annual cost of revenue for 2024 was $11.22B, a 4.64% increase from 2023.
What was Medtronic plc's cost of revenue in 2023?
Medtronic plc annual cost of revenue for 2023 was $10.72B, a 5.66% increase from 2022.
What is Medtronic plc's 5-year cost of revenue CAGR?
Medtronic plc cost of revenue grew at a compound annual growth rate (CAGR) of 4.30% from FY2020 to FY2025, going from $9.42B to $11.63B over 5 years.
Cost of Revenue History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+4.3%
FY2020
$9.42B
→
FY2025
$11.63B
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5 years selected
Cost of Revenue History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $11.63B | +3.7% | 10-K |
| FY2024 | $11.22B | +4.6% | 10-K |
| FY2023 | $10.72B | +5.7% | 10-K |
| FY2022 | $10.14B | -3.2% | 10-K |
| FY2021 | $10.48B | +11.2% | 10-K |
| FY2020 | $9.42B | +2.9% | 10-K |
| FY2019 | $9.15B | +1.0% | 10-K |
| FY2018 | $9.07B | -2.4% | 10-K |
| FY2017 | $9.29B | +1.7% | 10-K |
| FY2016 | $9.14B | +44.9% | 10-K |
| FY2015 | $6.31B | +45.6% | 10-K |
| FY2014 | $4.33B | +5.0% | 10-K |
| FY2013 | $4.13B | - | 10-K |
Company: Medtronic plcTicker: MDTSector: HealthcareIndustry: Electromedical & Electrotherapeutic ApparatusView company profile →