Medtronic plc Gross Profit 2013-2026 | MDT
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What is gross profit?
Gross profit can be defined as revenue minus the cost of goods sold, representing the profit a company makes before deducting operating expenses.
What is Medtronic plc's current gross profit?
Medtronic plc (MDT) annual gross profit for 2025 was $21.91B, a 3.58% increase from 2024. Medtronic plc gross profit for the quarter ending October 24, 2025 was $5.90B.
What was Medtronic plc's gross profit in 2024?
Medtronic plc annual gross profit for 2024 was $21.15B, a 3.12% increase from 2023.
What was Medtronic plc's gross profit in 2023?
Medtronic plc annual gross profit for 2023 was $20.51B, a 4.80% decline from 2022.
What is Medtronic plc's 5-year gross profit CAGR?
Medtronic plc gross profit grew at a compound annual growth rate (CAGR) of 2.36% from FY2020 to FY2025, going from $19.49B to $21.91B over 5 years.
Gross Profit History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+2.4%
FY2020
$19.49B
→
FY2025
$21.91B
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5 years selected
Gross Profit History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $21.91B | +3.6% | 10-K |
| FY2024 | $21.15B | +3.1% | 10-K |
| FY2023 | $20.51B | -4.8% | 10-K |
| FY2022 | $21.54B | +9.7% | 10-K |
| FY2021 | $19.63B | +0.7% | 10-K |
| FY2020 | $19.49B | -8.9% | 10-K |
| FY2019 | $21.40B | +2.4% | 10-K |
| FY2018 | $20.90B | +2.3% | 10-K |
| FY2017 | $20.42B | +3.7% | 10-K |
| FY2016 | $19.69B | +41.1% | 10-K |
| FY2015 | $13.95B | +10.1% | 10-K |
| FY2014 | $12.67B | +1.7% | 10-K |
| FY2013 | $12.46B | - | 10-K |
Company: Medtronic plcTicker: MDTSector: HealthcareIndustry: Electromedical & Electrotherapeutic ApparatusView company profile →