01—History
Gross Profit History
Year-over-year comparison from 10-K annual reports · Dashed line: constant growth FY2021–FY2026. Drag across the bars to change the range.
- $23.64B
02—Ledger
Gross Profit, period by period
| Period | Scale | Value | Change | Source |
|---|---|---|---|---|
| FY2026 | $23.64B | +7.9% | 10-K | |
| 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 |
03—Questions
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 2026 was $23.64B, a 7.93% increase from 2025. Medtronic plc gross profit for the quarter ending April 24, 2026 was $6.41B.
What was Medtronic plc's gross profit in 2025?
Medtronic plc annual gross profit for 2025 was $21.91B, a 3.58% increase from 2024.
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 is Medtronic plc's 5-year gross profit CAGR?
Medtronic plc gross profit grew at a compound annual growth rate (CAGR) of 3.79% from FY2021 to FY2026, going from $19.63B to $23.64B over 5 years.
- Company
- Medtronic plc
- Ticker
- MDT
- Sector
- Healthcare
- Industry
- Electromedical & Electrotherapeutic Apparatus