Medtronic Cost of Goods Sold 2012-2026 | MDT

Medtronic annual/quarterly cost of goods sold history and growth rate from 2012 to 2026. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • Medtronic cost of goods sold for the quarter ending April 30, 2026 was $3.398B, a 8.01% increase year-over-year.
  • Medtronic cost of goods sold for the twelve months ending April 30, 2026 was $12.721B, a 9.36% increase year-over-year.
  • Medtronic annual cost of goods sold for 2026 was $12.721B, a 9.36% increase from 2025.
  • Medtronic annual cost of goods sold for 2025 was $11.632B, a 3.71% increase from 2024.
  • Medtronic annual cost of goods sold for 2024 was $11.216B, a 4.64% increase from 2023.
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Medtronic Annual Cost of Goods Sold
(Millions of US $)
2026 $12,721
2025 $11,632
2024 $11,216
2023 $10,719
2022 $10,145
2021 $10,483
2020 $9,424
2019 $9,155
2018 $9,067
2017 $9,294
2016 $9,142
2015 $6,309
2014 $4,333
2013 $4,126
2012 $3,889
Medtronic Quarterly Cost of Goods Sold
(Millions of US $)
2026-04-30 $3,398
2026-01-31 $3,261
2025-10-31 $3,061
2025-07-31 $3,001
2025-04-30 $3,146
2025-01-31 $2,779
2024-10-31 $2,946
2024-07-31 $2,761
2024-04-30 $3,045
2024-01-31 $2,782
2023-10-31 $2,761
2023-07-31 $2,628
2023-04-30 $2,979
2023-01-31 $2,689
2022-10-31 $2,535
2022-07-31 $2,516
2022-04-30 $2,591
2022-01-31 $2,459
2021-10-31 $2,497
2021-07-31 $2,598
2021-04-30 $2,652
2021-01-31 $2,621
2020-10-31 $2,705
2020-07-31 $2,505
2020-04-30 $2,264
2020-01-31 $2,400
2019-10-31 $2,394
2019-07-31 $2,366
2019-04-30 $2,483
2019-01-31 $2,265
2018-10-31 $2,203
2018-07-31 $2,204
2018-04-30 $2,398
2018-01-31 $2,194
2017-10-31 $2,123
2017-07-31 $2,352
2017-04-30 $2,439
2017-01-31 $2,268
2016-10-31 $2,326
2016-07-31 $2,261
2016-04-30 $2,363
2016-01-31 $2,141
2015-10-31 $2,182
2015-07-31 $2,456
2015-04-30 $2,934
2015-01-31 $1,128
2014-10-31 $1,142
2014-07-31 $1,105
2014-04-30 $1,171
2014-01-31 $1,050
2013-10-31 $1,090
2013-07-31 $1,022
2013-04-30 $1,134
2013-01-31 $999
2012-10-31 $1,020
2012-07-31 $973
2012-04-30 $1,047
2012-01-31 $931
2011-10-31 $960
2011-07-31 $951
Sector Industry Market Cap Revenue
Medical Medical Products Manufacturing $111.968B $33.537B
Medtronic, Inc. acquired Ireland-based Covidien plc. The acquisition resulted in the formation of a new holding company incorporated in Ireland - Medtronic plc. The company currently generates revenues from four major segments - namely Cardiovascular Portfolio, Medical Surgical Portfolio, Neuroscience Portfolio and Diabetes. The Cardiovascular Portfolio, formerly reported as the Cardiac and Vascular Group, includes the Cardiac Rhythm & Heart Failure, Structural Heart & Aortic and Coronary & Peripheral Vascular divisions. The Medical Surgical Portfolio, formerly reported as the Minimally Invasive Therapies Group, includes the Surgical Innovations and the Respiratory, Gastrointestinal & Renal divisions. Neuroscience consists of Cranial & Spinal Technologies, Specialty The Neuroscience Portfolio, formerly reported as the Restorative Therapies Group, includes the Cranial & Spinal Technologies, Specialty Therapies, and Neuromodulation divisions.
Stock Name Country Market Cap PE Ratio
Abbott Laboratories (ABT) United States $174.688B 19.48
Stryker (SYK) United States $129.889B 24.88
EssilorLuxottica (ESLOY) France $107.724B 0.00
Boston Scientific (BSX) United States $91.831B 20.26
Medline (MDLN) United States $59.904B 0.00
Lonza Group Ag (LZAGY) Switzerland $45.712B 0.00
GE HealthCare Technologies (GEHC) United States $33.391B 15.98
ResMed (RMD) United States $33.341B 22.26
Agilent Technologies (A) United States $32.516B 20.44
Koninklijke Philips (PHG) Netherlands $27.260B 16.18
Terumo (TRUMY) Japan $19.854B 23.21
Zimmer Biomet Holdings (ZBH) United States $18.025B 11.36
Smith & Nephew SNATS (SNN) United Kingdom $14.227B 0.00
Insulet (PODD) United States $13.640B 39.54
Baxter (BAX) United States $8.854B 7.56
Sunny Optical Technology (SNPTF) China $8.381B 0.00
Bio-Rad Laboratories (BIO) United States $7.537B 28.15
Demant (WILYY) Denmark $6.395B 0.00
Lantheus Holdings (LNTH) United States $5.247B 15.90
Envista Holdings (NVST) United States $4.301B 21.99
BillionToOne (BLLN) United States $3.729B 0.00
DiaSorin S.p.A (DSRLF) Italy $3.666B 0.00
ICU Medical (ICUI) United States $3.141B 20.47
Prestige Consumer Healthcare (PBH) United States $2.676B 12.62
Haemonetics (HAE) United States $2.664B 11.65
LeMaitre Vascular (LMAT) United States $2.611B 48.16
Phibro Animal Health (PAHC) United States $2.347B 20.67
GN Store Nord (GNNDY) Denmark $2.270B 21.90
Neogen (NEOG) United States $2.050B 44.86
Shandong Weigao Medical Polymer (SHWGF) China $2.028B 0.00
Capricor Therapeutics (CAPR) United States $1.794B 0.00
AdaptHealth (AHCO) United States $1.654B 32.89
Curaleaf Holdings (CURLF) Canada $1.584B 0.00
Perrigo (PRGO) Ireland $1.495B 3.96
AtriCure (ATRC) United States $1.429B 0.00
Green Thumb Industries (GTBIF) United States $1.386B 15.91
Kestra Medical Technologies (KMTS) United States $1.043B 0.00
BioLife Solutions (BLFS) United States $0.953B 164.50
QuidelOrtho (QDEL) United States $0.943B 6.53
Lumexa Imaging Holdings (LMRI) United States $0.896B 0.00
InMode (INMD) Israel $0.857B 9.40
Omeros (OMER) United States $0.827B 6.49
Maravai LifeSciences Holdings (MRVI) United States $0.789B 0.00
Tilray Brands (TLRY) Canada $0.766B 0.00
CeriBell (CBLL) United States $0.683B 0.00
Brainsway (BWAY) Israel $0.546B 55.68
Valneva SE (VALN) France $0.532B 0.00
VAREX IMAGING (VREX) United States $0.468B 11.18
Cresco Labs (CRLBF) United States $0.458B 0.00
Canopy Growth (CGC) Canada $0.424B 0.00
Verano Holdings (VRNO) United States $0.415B 0.00
Viemed Healthcare (VMD) United States $0.367B 25.70
SNDL (SNDL) Canada $0.366B 0.00
Cerus (CERS) United States $0.363B 0.00
SEMPERIT AG HLD (SEIGY) Austria $0.311B 126.00
Evolus (EOLS) United States $0.278B 0.00
TriSalus Life Sciences (TLSI) United States $0.259B 0.00
MacroGenics (MGNX) United States $0.229B 0.00
Owens & Minor (OMI) United States $0.217B 2.17
Accendra Health (ACH) United States $0.215B 2.96
Utah Medical Products (UTMD) United States $0.210B 18.94
High Tide (HITI) Canada $0.205B 0.00
OraSure Technologies (OSUR) United States $0.205B 0.00
Aurora Cannabis (ACB) Canada $0.194B 57.17
TerrAscend (TSNDF) Canada $0.193B 0.00
Organigram Global (OGI) Canada $0.191B 0.00
Apyx Medical (APYX) United States $0.166B 0.00
Quanterix (QTRX) United States $0.158B 0.00
Quipt Home Medical (QIPT) United States $0.157B 0.00
Sanara MedTech (SMTI) United States $0.152B 0.00
Sanuwave Health (SNWV) United States $0.145B 0.00
Oramed Pharmaceuticals (ORMP) United States $0.143B 0.00
Vireo Growth (VREOF) United States $0.133B 0.00
Fonar (FONR) United States $0.115B 16.53
Jushi Holdings (JUSHF) United States $0.101B 0.00
FitLife Brands (FTLF) United States $0.090B 11.73
Exagen (XGN) United States $0.073B 0.00
Sharps Technology (STSS) United States $0.065B 0.00
ImmuCell (ICCC) United States $0.064B 0.00
Biote (BTMD) United States $0.063B 3.46
INLIF (INLF) China $0.053B 0.00
Cytosorbents (CTSO) United States $0.038B 0.00
Veru (VERU) United States $0.038B 0.00
Rockwell Medical (RMTI) United States $0.036B 0.00
Nephros (NEPH) United States $0.032B 26.91
United-Guardian (UG) United States $0.030B 14.23
Bonk (BNKK) United States $0.021B 0.00
Jin Medical (ZJYL) China $0.018B 0.00
Modular Medical (MODD) United States $0.013B 0.00
Cellectar Biosciences (CLRB) United States $0.012B 0.00
Flora Growth (FLGC) United States $0.009B 0.00
Innovative Eyewear (LUCY) United States $0.007B 0.00
Zynex (ZYXI) United States $0.004B 0.00
Functional Brands (MEHA) United States $0.003B 0.00
Agape ATP (ATPC) $0.003B 0.00
Meihua Medical Technologies (MHUA) China $0.002B 0.00
IM Cannabis (IMCC) Canada $0.002B 0.00
Akanda (AKAN) Canada $0.002B 0.00
GlucoTrack (GCTK) United States $0.001B 0.00
InterCure (INCR) Israel $0.000B 0.00
InVivo Therapeutics Holdings (NVIVQ) United States $0.000B 0.00
Trinity Biotech (TRIB) Ireland $0.000B 0.00