Medtronic Operating Expenses 2010-2025 | MDT

Medtronic annual/quarterly operating expenses history and growth rate from 2010 to 2025. Operating expenses can be defined as the sum of all operating expenses for the given industry.
  • Medtronic operating expenses for the quarter ending April 30, 2025 were $7.490B, a 0.61% decline year-over-year.
  • Medtronic operating expenses for the twelve months ending April 30, 2025 were $27.581B, a 1.33% increase year-over-year.
  • Medtronic annual operating expenses for 2025 were $27.581B, a 1.33% increase from 2024.
  • Medtronic annual operating expenses for 2024 were $27.219B, a 5.74% increase from 2023.
  • Medtronic annual operating expenses for 2023 were $25.742B, a 0.74% decline from 2022.
Medtronic Annual Operating Expenses
(Millions of US $)
2025 $27,581
2024 $27,219
2023 $25,742
2022 $25,933
2021 $25,633
2020 $24,122
2019 $24,289
2018 $23,313
2017 $24,327
2016 $23,472
2015 $16,495
2014 $13,192
2013 $11,835
2012 $11,436
2011 $11,211
2010 $10,678
2009 $10,766
Medtronic Quarterly Operating Expenses
(Millions of US $)
2025-04-30 $7,490
2025-01-31 $6,647
2024-10-31 $6,809
2024-07-31 $6,635
2024-04-30 $7,536
2024-01-31 $6,606
2023-10-31 $6,644
2023-07-31 $6,433
2023-04-30 $6,977
2023-01-31 $6,336
2022-10-31 $6,182
2022-07-31 $6,247
2022-04-30 $6,417
2022-01-31 $6,104
2021-10-31 $6,284
2021-07-31 $7,128
2021-04-30 $6,584
2021-01-31 $6,498
2020-10-31 $6,717
2020-07-31 $5,834
2020-04-30 $5,681
2020-01-31 $6,078
2019-10-31 $6,355
2019-07-31 $6,008
2019-04-30 $6,200
2019-01-31 $6,004
2018-10-31 $5,937
2018-07-31 $6,148
2018-04-30 $6,216
2018-01-31 $5,933
2017-10-31 $5,156
2017-07-31 $6,008
2017-04-30 $6,232
2017-01-31 $6,136
2016-10-31 $5,960
2016-07-31 $5,999
2016-04-30 $5,992
2016-01-31 $5,579
2015-10-31 $5,758
2015-07-31 $6,143
2015-04-30 $7,145
2015-01-31 $3,043
2014-10-31 $3,173
2014-07-31 $3,134
2014-04-30 $4,260
2014-01-31 $3,138
2013-10-31 $2,988
2013-07-31 $2,806
2013-04-30 $3,269
2013-01-31 $2,809
2012-10-31 $2,909
2012-07-31 $2,848
2012-04-30 $3,082
2012-01-31 $2,765
2011-10-31 $2,802
2011-07-31 $2,787
2011-04-30 $2,993
2011-01-31 $2,710
2010-10-31 $2,814
2010-07-31 $2,694
2010-04-30 $2,714
2010-01-31 $2,584
2009-10-31 $2,614
2009-07-31 $2,766
2009-04-30 $3,169
2009-01-31 $2,514
Sector Industry Market Cap Revenue
Medical Medical Products Manufacturing $119.200B $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 $220.159B 25.82
Boston Scientific (BSX) United States $157.028B 37.51
Stryker (SYK) United States $154.023B 32.21
EssilorLuxottica (ESLOY) France $136.572B 0.00
Lonza Group Ag (LZAGY) Switzerland $50.282B 0.00
Haleon (HLN) United Kingdom $44.384B 25.33
ResMed (RMD) United States $40.346B 30.30
GE HealthCare Technologies (GEHC) United States $35.536B 16.87
Agilent Technologies (A) United States $34.139B 22.26
Terumo (TRUMY) Japan $25.843B 33.57
Koninklijke Philips (PHG) Netherlands $25.190B 17.68
Insulet (PODD) United States $20.424B 80.17
Zimmer Biomet Holdings (ZBH) United States $19.300B 12.40
Baxter (BAX) United States $14.995B 11.19
Smith & Nephew SNATS (SNN) United Kingdom $13.871B 0.00
Sunny Optical Technology (SNPTF) China $10.417B 0.00
Demant (WILYY) Denmark $8.633B 0.00
Bio-Rad Laboratories (BIO) United States $7.189B 25.02
Lantheus Holdings (LNTH) United States $5.046B 12.73
Perrigo (PRGO) Ireland $3.908B 9.91
Prestige Consumer Healthcare (PBH) United States $3.799B 16.97
Haemonetics (HAE) United States $3.613B 16.45
Envista Holdings (NVST) United States $3.525B 29.30
Shandong Weigao Medical Polymer (SHWGF) China $3.459B 0.00
ICU Medical (ICUI) United States $3.197B 23.58
LeMaitre Vascular (LMAT) United States $1.862B 41.63
QuidelOrtho (QDEL) United States $1.852B 12.74
AtriCure (ATRC) United States $1.559B 0.00
Acuren (TIC) United States $1.441B 0.00
Green Thumb Industries (GTBIF) United States $1.332B 29.95
AdaptHealth (AHCO) United States $1.274B 12.93
Phibro Animal Health (PAHC) United States $1.183B 15.12
Neogen (NEOG) United States $1.133B 14.50
BioLife Solutions (BLFS) United States $1.080B 0.00
Curaleaf Holdings (CURLF) Canada $0.964B 0.00
InMode (INMD) Israel $0.930B 9.38
Kestra Medical Technologies (KMTS) United States $0.850B 0.00
Tilray Brands (TLRY) Canada $0.693B 0.00
Maravai LifeSciences Holdings (MRVI) United States $0.685B 0.00
Valneva SE (VALN) France $0.654B 0.00
Evolus (EOLS) United States $0.614B 0.00
Owens & Minor (OMI) United States $0.609B 5.05
CeriBell (CBLL) United States $0.547B 0.00
ZimVie (ZIMV) United States $0.521B 23.70
Surmodics (SRDX) United States $0.515B 0.00
SNDL (SNDL) Canada $0.398B 0.00
SEMPERIT AG HLD (SEIGY) Austria $0.359B 0.00
Cresco Labs (CRLBF) United States $0.336B 0.00
Sanuwave Health (SNWV) United States $0.324B 0.00
VAREX IMAGING (VREX) United States $0.323B 11.89
Capricor Therapeutics (CAPR) United States $0.322B 0.00
Quanterix (QTRX) United States $0.292B 0.00
Aurora Cannabis (ACB) Canada $0.272B 80.67
Cerus (CERS) United States $0.266B 0.00
OraSure Technologies (OSUR) United States $0.251B 0.00
Viemed Healthcare (VMD) United States $0.242B 20.40
Biote (BTMD) United States $0.236B 6.65
Canopy Growth (CGC) Canada $0.234B 0.00
Verano Holdings (VRNOF) United States $0.230B 0.00
Sanara MedTech (SMTI) United States $0.227B 0.00
Omeros (OMER) United States $0.224B 0.00
Brainsway (BWAY) Israel $0.222B 58.65
Organigram Global (OGI) Canada $0.205B 0.00
Utah Medical Products (UTMD) United States $0.190B 15.65
High Tide (HITI) Canada $0.188B 0.00
TriSalus Life Sciences (TLSI) United States $0.173B 0.00
Vireo Growth (VREOF) United States $0.170B 0.00
Exagen (XGN) United States $0.155B 0.00
TerrAscend (TSNDF) Canada $0.135B 0.00
FitLife Brands (FTLF) United States $0.121B 0.00
MacroGenics (MGNX) United States $0.108B 0.00
Jin Medical (ZJYL) China $0.102B 0.00
Jushi Holdings (JUSHF) United States $0.101B 0.00
Fonar (FONR) United States $0.100B 12.86
Quipt Home Medical (QIPT) United States $0.097B 0.00
Apyx Medical (APYX) United States $0.096B 0.00
Safety Shot (SHOT) United States $0.090B 0.00
Oramed Pharmaceuticals (ORMP) United States $0.088B 0.00
Veru (VERU) United States $0.082B 0.00
Zynex (ZYXI) United States $0.078B 0.00
InterCure (INCR) Israel $0.071B 0.00
Agape ATP (ATPC) $0.066B 0.00
ImmuCell (ICCC) United States $0.060B 0.00
Cytosorbents (CTSO) United States $0.059B 0.00
Modular Medical (MODD) United States $0.039B 0.00
United-Guardian (UG) United States $0.038B 13.29
Nephros (NEPH) United States $0.038B 51.00
Rockwell Medical (RMTI) United States $0.037B 0.00
Allurion Technologies (ALUR) United States $0.023B 0.00
INLIF (INLF) $0.016B 0.00
Flora Growth (FLGC) United States $0.014B 0.00
Senestech (SNES) United States $0.013B 0.00
Meihua Medical Technologies (MHUA) China $0.012B 0.00
Trinity Biotech (TRIB) Ireland $0.012B 0.00
IM Cannabis (IMCC) Canada $0.011B 0.00
Innovative Eyewear (LUCY) United States $0.010B 0.00
Cellectar Biosciences (CLRB) United States $0.009B 0.00
Sharps Technology (STSS) United States $0.006B 0.00
GlucoTrack (GCTK) United States $0.004B 0.00
Akanda (AKAN) Canada $0.002B 0.00
InVivo Therapeutics Holdings (NVIVQ) United States $0.000B 0.00