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Medtronic plc Net Income 2013-2026 | MDT

Annual FY2013–FY2026 · quarterly through Q4 FY2026

Latest annual · FY2026

$4.84B

+3.1%YoY vs FY2025Source: 10-KFY2026

From $3.47B in FY2013 to $4.84B in FY2026: 1.4× in 13 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$1.0B−0.2%$1.4B+8.1%$1.1B−11.7%$1.3B+18.7%
FY25$1.0B+31.6%$1.3B+40.3%$1.3B−2.5%$1.1B+60.8%
FY24$797M−14.4%$911M+109.4%$1.3B+8.8%$660M−44.5%
FY23$931M+21.1%$435M−67.0%$1.2B−17.1%$1.2B−20.4%
FY22$769M+56.6%$1.3B+166.6%$1.5B+15.9%$1.5B+9.3%
Share20%23%31%25%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+5.9%

FY2021
$3.63B
FY2026
$4.84B

5 years selected · on the chart

Net Income History

Year-over-year comparison from 10-K annual reports

  1. $4.84B
YoY changeLargest recent move+49.8%in FY19Latest +3.1%

Net Income, period by period

PeriodValueChangeSource
FY2026$4.84B+3.1%10-K
FY2025$4.69B+26.6%10-K
FY2024$3.71B−2.1%10-K
FY2023$3.78B−25.2%10-K
FY2022$5.06B+39.4%10-K
FY2021$3.63B−24.5%10-K
FY2020$4.81B+3.4%10-K
FY2019$4.65B+49.8%10-K
FY2018$3.10B−22.9%10-K
FY2017$4.03B+13.8%10-K
FY2016$3.54B+32.3%10-K
FY2015$2.67B−12.7%10-K
FY2014$3.06B−11.6%10-K
FY2013$3.47B—10-K

What is net income?

Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.

What is Medtronic plc's current net income?

Medtronic plc (MDT) annual net income for 2026 was $4.84B, a 3.11% increase from 2025. Medtronic plc net income for the quarter ending April 24, 2026 was $1.26B.

What was Medtronic plc's net income in 2025?

Medtronic plc annual net income for 2025 was $4.69B, a 26.61% increase from 2024.

What was Medtronic plc's net income in 2024?

Medtronic plc annual net income for 2024 was $3.71B, a 2.09% decline from 2023.

What is Medtronic plc's 5-year net income CAGR?

Medtronic plc net income grew at a compound annual growth rate (CAGR) of 5.91% from FY2021 to FY2026, going from $3.63B to $4.84B over 5 years.

Company
Medtronic plc
Ticker
MDT
Sector
Healthcare
Industry
Electromedical & Electrotherapeutic Apparatus