Medtronic plc Net Income 2013-2026 | MDT
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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 2025 was $4.66B, a 26.82% increase from 2024. Medtronic plc net income for the quarter ending October 24, 2025 was $1.37B.
What was Medtronic plc's net income in 2024?
Medtronic plc annual net income for 2024 was $3.68B, a 2.18% decline from 2023.
What was Medtronic plc's net income in 2023?
Medtronic plc annual net income for 2023 was $3.76B, a 25.42% decline from 2022.
What is Medtronic plc's 5-year net income CAGR?
Medtronic plc net income grew at a compound annual growth rate (CAGR) of 0.54% from FY2020 to FY2025, going from $4.79B to $4.66B over 5 years.
Net Income History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGR-0.5%
FY2020
$4.79B
→
FY2025
$4.66B
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5 years selected
Net Income History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $4.66B | +26.8% | 10-K |
| FY2024 | $3.68B | -2.2% | 10-K |
| FY2023 | $3.76B | -25.4% | 10-K |
| FY2022 | $5.04B | +39.7% | 10-K |
| FY2021 | $3.61B | -24.7% | 10-K |
| FY2020 | $4.79B | +3.4% | 10-K |
| FY2019 | $4.63B | +49.2% | 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 |
Company: Medtronic plcTicker: MDTSector: HealthcareIndustry: Electromedical & Electrotherapeutic ApparatusView company profile →