Medtronic plc Revenue 2013-2026 | MDT
What is revenue?
Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.
What is Medtronic plc's current revenue?
Medtronic plc (MDT) annual revenue for 2025 was $33.54B, a 3.62% increase from 2024. Medtronic plc revenue for the quarter ending October 24, 2025 was $8.96B.
What was Medtronic plc's revenue in 2024?
Medtronic plc annual revenue for 2024 was $32.36B, a 3.64% increase from 2023.
What was Medtronic plc's revenue in 2023?
Medtronic plc annual revenue for 2023 was $31.23B, a 1.45% decline from 2022.
What is Medtronic plc's 5-year revenue CAGR?
Medtronic plc revenue grew at a compound annual growth rate (CAGR) of 3.01% from FY2020 to FY2025, going from $28.91B to $33.54B over 5 years.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $33.54B | +3.6% | 10-K |
| FY2024 | $32.36B | +3.6% | 10-K |
| FY2023 | $31.23B | -1.4% | 10-K |
| FY2022 | $31.69B | +5.2% | 10-K |
| FY2021 | $30.12B | +4.2% | 10-K |
| FY2020 | $28.91B | -5.4% | 10-K |
| FY2019 | $30.56B | +2.0% | 10-K |
| FY2018 | $29.95B | +0.8% | 10-K |
| FY2017 | $29.71B | +3.0% | 10-K |
| FY2016 | $28.83B | +42.3% | 10-K |
| FY2015 | $20.26B | +19.1% | 10-K |
| FY2014 | $17.00B | +2.5% | 10-K |
| FY2013 | $16.59B | - | 10-K |