Medtronic Operating Income 2012-2025 | MDT

Medtronic annual/quarterly operating income history and growth rate from 2012 to 2025. Operating income can be defined as income after operating expenses have been deducted and before interest payments and taxes have been deducted.
  • Medtronic operating income for the quarter ending July 31, 2025 was $1.444B, a 12.81% increase year-over-year.
  • Medtronic operating income for the twelve months ending July 31, 2025 was $6.120B, a 18.7% increase year-over-year.
  • Medtronic annual operating income for 2025 was $5.956B, a 15.76% increase from 2024.
  • Medtronic annual operating income for 2024 was $5.145B, a 6.2% decline from 2023.
  • Medtronic annual operating income for 2023 was $5.485B, a 4.66% decline from 2022.
Medtronic Annual Operating Income
(Millions of US $)
2025 $5,956
2024 $5,145
2023 $5,485
2022 $5,753
2021 $4,484
2020 $4,791
2019 $6,268
2018 $6,640
2017 $5,383
2016 $5,361
2015 $3,766
2014 $3,813
2013 $4,755
2012 $4,748
2011 $4,297
Medtronic Quarterly Operating Income
(Millions of US $)
2025-07-31 $1,444
2025-04-30 $1,437
2025-01-31 $1,645
2024-10-31 $1,594
2024-07-31 $1,280
2024-04-30 $1,053
2024-01-31 $1,483
2023-10-31 $1,340
2023-07-31 $1,269
2023-04-30 $1,567
2023-01-31 $1,391
2022-10-31 $1,403
2022-07-31 $1,124
2022-04-30 $1,672
2022-01-31 $1,659
2021-10-31 $1,563
2021-07-31 $859
2021-04-30 $1,604
2021-01-31 $1,277
2020-10-31 $930
2020-07-31 $673
2020-04-30 $316
2020-01-31 $1,639
2019-10-31 $1,351
2019-07-31 $1,485
2019-04-30 $1,946
2019-01-31 $1,542
2018-10-31 $1,544
2018-07-31 $1,236
2018-04-30 $1,928
2018-01-31 $1,436
2017-10-31 $1,894
2017-07-31 $1,382
2017-04-30 $1,684
2017-01-31 $1,147
2016-10-31 $1,385
2016-07-31 $1,167
2016-04-30 $1,575
2016-01-31 $1,355
2015-10-31 $1,300
2015-07-31 $1,131
2015-04-30 $159
2015-01-31 $1,275
2014-10-31 $1,193
2014-07-31 $1,139
2014-04-30 $305
2014-01-31 $1,025
2013-10-31 $1,206
2013-07-31 $1,277
2013-04-30 $1,191
2013-01-31 $1,218
2012-10-31 $1,186
2012-07-31 $1,160
2012-04-30 $1,215
2012-01-31 $1,153
2011-10-31 $1,221
2011-07-31 $1,159
2011-04-30 $982
2011-01-31 $1,147
Sector Industry Market Cap Revenue
Medical Medical Products Manufacturing $115.955B $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 $216.559B 24.96
EssilorLuxottica (ESLOY) France $168.705B 0.00
Boston Scientific (BSX) United States $146.614B 33.53
Stryker (SYK) United States $136.781B 27.16
Lonza Group Ag (LZAGY) Switzerland $46.709B 0.00
Agilent Technologies (A) United States $41.609B 26.93
ResMed (RMD) United States $35.788B 24.77
GE HealthCare Technologies (GEHC) United States $34.442B 16.47
Koninklijke Philips (PHG) Netherlands $27.029B 17.65
Terumo (TRUMY) Japan $24.148B 28.61
Insulet (PODD) United States $22.134B 74.16
Zimmer Biomet Holdings (ZBH) United States $17.343B 10.82
Smith & Nephew SNATS (SNN) United Kingdom $15.690B 0.00
Sunny Optical Technology (SNPTF) China $11.495B 0.00
Baxter (BAX) United States $9.227B 7.45
Bio-Rad Laboratories (BIO) United States $8.390B 30.07
Demant (WILYY) Denmark $7.359B 0.00
Lantheus Holdings (LNTH) United States $3.891B 10.52
Envista Holdings (NVST) United States $3.313B 19.01
ICU Medical (ICUI) United States $3.144B 21.41
Shandong Weigao Medical Polymer (SHWGF) China $3.120B 0.00
Prestige Consumer Healthcare (PBH) United States $2.944B 13.06
Haemonetics (HAE) United States $2.444B 10.91
Perrigo (PRGO) Ireland $2.078B 5.21
LeMaitre Vascular (LMAT) United States $1.953B 41.88
Curaleaf Holdings (CURLF) Canada $1.917B 0.00
QuidelOrtho (QDEL) United States $1.858B 11.95
Phibro Animal Health (PAHC) United States $1.668B 16.66
AtriCure (ATRC) United States $1.607B 0.00
Tilray Brands (TLRY) Canada $1.437B 0.00
Green Thumb Industries (GTBIF) United States $1.421B 62.27
AdaptHealth (AHCO) United States $1.399B 20.27
Kestra Medical Technologies (KMTS) United States $1.363B 0.00
Neogen (NEOG) United States $1.349B 25.88
BioLife Solutions (BLFS) United States $1.321B 2757.00
InMode (INMD) Israel $0.918B 10.38
Valneva SE (VALN) France $0.774B 0.00
Maravai LifeSciences Holdings (MRVI) United States $0.733B 0.00
VAREX IMAGING (VREX) United States $0.492B 16.94
SNDL (SNDL) Canada $0.486B 0.00
Omeros (OMER) United States $0.476B 0.00
Evolus (EOLS) United States $0.441B 0.00
CeriBell (CBLL) United States $0.437B 0.00
Surmodics (SRDX) United States $0.394B 0.00
Cresco Labs (CRLBF) United States $0.384B 0.00
Brainsway (BWAY) Israel $0.307B 62.19
SEMPERIT AG HLD (SEIGY) Austria $0.286B 0.00
Capricor Therapeutics (CAPR) United States $0.284B 0.00
Cerus (CERS) United States $0.278B 0.00
Canopy Growth (CGC) Canada $0.273B 0.00
High Tide (HITI) Canada $0.263B 0.00
Owens & Minor (OMI) United States $0.259B 2.60
Aurora Cannabis (ACB) Canada $0.251B 148.67
Viemed Healthcare (VMD) United States $0.249B 19.49
Sanara MedTech (SMTI) United States $0.246B 0.00
Quanterix (QTRX) United States $0.240B 0.00
Exagen (XGN) United States $0.234B 0.00
Sanuwave Health (SNWV) United States $0.230B 0.00
TriSalus Life Sciences (TLSI) United States $0.222B 0.00
TerrAscend (TSNDF) Canada $0.210B 0.00
Organigram Global (OGI) Canada $0.207B 0.00
Vireo Growth (VREOF) United States $0.195B 0.00
OraSure Technologies (OSUR) United States $0.188B 0.00
Utah Medical Products (UTMD) United States $0.186B 16.38
FitLife Brands (FTLF) United States $0.184B 22.66
Biote (BTMD) United States $0.145B 5.86
Sharps Technology (STSS) United States $0.119B 0.00
Apyx Medical (APYX) United States $0.119B 0.00
Jushi Holdings (JUSHF) United States $0.118B 0.00
Quipt Home Medical (QIPT) United States $0.102B 0.00
Oramed Pharmaceuticals (ORMP) United States $0.092B 0.00
Fonar (FONR) United States $0.092B 11.99
MacroGenics (MGNX) United States $0.091B 0.00
Agape ATP (ATPC) $0.061B 0.00
Nephros (NEPH) United States $0.060B 47.42
ImmuCell (ICCC) United States $0.057B 33.16
Cytosorbents (CTSO) United States $0.047B 0.00
Jin Medical (ZJYL) China $0.039B 0.00
Veru (VERU) United States $0.038B 0.00
Rockwell Medical (RMTI) United States $0.036B 0.00
Bonk (BNKK) United States $0.036B 0.00
Zynex (ZYXI) United States $0.034B 0.00
United-Guardian (UG) United States $0.032B 12.50
Modular Medical (MODD) United States $0.027B 0.00
Allurion Technologies (ALUR) United States $0.013B 0.00
INLIF (INLF) China $0.011B 0.00
Cellectar Biosciences (CLRB) United States $0.011B 0.00
Meihua Medical Technologies (MHUA) China $0.008B 0.00
Flora Growth (FLGC) United States $0.007B 0.00
IM Cannabis (IMCC) Canada $0.007B 0.00
GlucoTrack (GCTK) United States $0.005B 0.00
Innovative Eyewear (LUCY) United States $0.005B 0.00
Akanda (AKAN) Canada $0.001B 0.00
Trinity Biotech (TRIB) Ireland $0.000B 0.00
InVivo Therapeutics Holdings (NVIVQ) United States $0.000B 0.00
InterCure (INCR) Israel $0.000B 0.00