Medtronic Revenue 2012-2025 | MDT

Medtronic annual/quarterly revenue history and growth rate from 2012 to 2025. 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.
  • Medtronic revenue for the quarter ending October 31, 2025 was $8.961B, a 6.64% increase year-over-year.
  • Medtronic revenue for the twelve months ending October 31, 2025 was $34.758B, a 5.34% increase year-over-year.
  • Medtronic annual revenue for 2025 was $33.537B, a 3.62% increase from 2024.
  • Medtronic annual revenue for 2024 was $32.364B, a 3.64% increase from 2023.
  • Medtronic annual revenue for 2023 was $31.227B, a 1.45% decline from 2022.
Medtronic Annual Revenue
(Millions of US $)
2025 $33,537
2024 $32,364
2023 $31,227
2022 $31,686
2021 $30,117
2020 $28,913
2019 $30,557
2018 $29,953
2017 $29,710
2016 $28,833
2015 $20,261
2014 $17,005
2013 $16,590
2012 $16,184
2011 $15,508
Medtronic Quarterly Revenue
(Millions of US $)
2025-10-31 $8,961
2025-07-31 $8,578
2025-04-30 $8,927
2025-01-31 $8,292
2024-10-31 $8,403
2024-07-31 $7,915
2024-04-30 $8,589
2024-01-31 $8,089
2023-10-31 $7,984
2023-07-31 $7,702
2023-04-30 $8,544
2023-01-31 $7,727
2022-10-31 $7,585
2022-07-31 $7,371
2022-04-30 $8,089
2022-01-31 $7,763
2021-10-31 $7,847
2021-07-31 $7,987
2021-04-30 $8,188
2021-01-31 $7,775
2020-10-31 $7,647
2020-07-31 $6,507
2020-04-30 $5,997
2020-01-31 $7,717
2019-10-31 $7,706
2019-07-31 $7,493
2019-04-30 $8,146
2019-01-31 $7,546
2018-10-31 $7,481
2018-07-31 $7,384
2018-04-30 $8,144
2018-01-31 $7,369
2017-10-31 $7,050
2017-07-31 $7,390
2017-04-30 $7,916
2017-01-31 $7,283
2016-10-31 $7,345
2016-07-31 $7,166
2016-04-30 $7,567
2016-01-31 $6,934
2015-10-31 $7,058
2015-07-31 $7,274
2015-04-30 $7,304
2015-01-31 $4,318
2014-10-31 $4,366
2014-07-31 $4,273
2014-04-30 $4,565
2014-01-31 $4,163
2013-10-31 $4,194
2013-07-31 $4,083
2013-04-30 $4,460
2013-01-31 $4,027
2012-10-31 $4,095
2012-07-31 $4,008
2012-04-30 $4,297
2012-01-31 $3,918
2011-10-31 $4,023
2011-07-31 $3,946
2011-04-30 $3,975
2011-01-31 $3,857
Sector Industry Market Cap Revenue
Medical Medical Products Manufacturing $123.612B $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 $216.142B 24.91
EssilorLuxottica (ESLOY) France $149.893B 0.00
Boston Scientific (BSX) United States $139.557B 31.91
Stryker (SYK) United States $136.074B 27.02
Medline (MDLN) United States $56.293B 0.00
Lonza Group Ag (LZAGY) Switzerland $49.245B 0.00
Agilent Technologies (A) United States $41.482B 26.22
GE HealthCare Technologies (GEHC) United States $38.615B 18.47
ResMed (RMD) United States $37.167B 25.72
Koninklijke Philips (PHG) Netherlands $28.531B 18.64
Terumo (TRUMY) Japan $21.128B 23.78
Insulet (PODD) United States $19.568B 60.74
Zimmer Biomet Holdings (ZBH) United States $17.507B 10.92
Smith & Nephew SNATS (SNN) United Kingdom $13.553B 0.00
Baxter (BAX) United States $10.101B 8.15
Sunny Optical Technology (SNPTF) China $9.589B 0.00
Bio-Rad Laboratories (BIO) United States $8.690B 31.25
Demant (WILYY) Denmark $7.372B 0.00
BillionToOne (BLLN) United States $4.433B 0.00
Lantheus Holdings (LNTH) United States $4.366B 13.30
Envista Holdings (NVST) United States $3.820B 21.92
Haemonetics (HAE) United States $3.690B 16.42
ICU Medical (ICUI) United States $3.661B 23.24
Prestige Consumer Healthcare (PBH) United States $3.111B 14.19
Shandong Weigao Medical Polymer (SHWGF) China $3.099B 0.00
QuidelOrtho (QDEL) United States $2.262B 14.54
Perrigo (PRGO) Ireland $2.073B 5.19
Neogen (NEOG) United States $1.999B 43.76
LeMaitre Vascular (LMAT) United States $1.891B 38.06
AtriCure (ATRC) United States $1.810B 0.00
Curaleaf Holdings (CURLF) Canada $1.784B 0.00
Green Thumb Industries (GTBIF) United States $1.742B 76.36
Phibro Animal Health (PAHC) United States $1.640B 16.38
Lumexa Imaging Holdings (LMRI) United States $1.515B 0.00
AdaptHealth (AHCO) United States $1.437B 20.80
Kestra Medical Technologies (KMTS) United States $1.286B 0.00
BioLife Solutions (BLFS) United States $1.151B 341.43
Capricor Therapeutics (CAPR) United States $1.133B 0.00
Tilray Brands (TLRY) Canada $1.054B 0.00
Maravai LifeSciences Holdings (MRVI) United States $1.028B 0.00
Omeros (OMER) United States $0.895B 0.00
InMode (INMD) Israel $0.887B 10.02
Valneva SE (VALN) France $0.864B 0.00
CeriBell (CBLL) United States $0.845B 0.00
VAREX IMAGING (VREX) United States $0.564B 15.30
Cerus (CERS) United States $0.484B 0.00
Verano Holdings (VRNO) United States $0.476B 0.00
Cresco Labs (CRLBF) United States $0.472B 0.00
Brainsway (BWAY) Israel $0.467B 79.45
Canopy Growth (CGC) Canada $0.461B 0.00
SNDL (SNDL) Canada $0.434B 0.00
Evolus (EOLS) United States $0.371B 0.00
Quanterix (QTRX) United States $0.334B 0.00
SEMPERIT AG HLD (SEIGY) Austria $0.309B 0.00
TriSalus Life Sciences (TLSI) United States $0.295B 0.00
Viemed Healthcare (VMD) United States $0.276B 21.97
Sanuwave Health (SNWV) United States $0.245B 0.00
Aurora Cannabis (ACB) Canada $0.240B 141.33
TerrAscend (TSNDF) Canada $0.236B 0.00
High Tide (HITI) Canada $0.235B 0.00
Organigram Global (OGI) Canada $0.228B 0.00
Owens & Minor (OMI) United States $0.217B 2.17
Sanara MedTech (SMTI) United States $0.211B 0.00
Vireo Growth (VREOF) United States $0.197B 0.00
Accendra Health (ACH) United States $0.194B 1.95
Utah Medical Products (UTMD) United States $0.188B 16.54
OraSure Technologies (OSUR) United States $0.187B 0.00
Quipt Home Medical (QIPT) United States $0.158B 0.00
Apyx Medical (APYX) United States $0.148B 0.00
FitLife Brands (FTLF) United States $0.145B 0.00
Oramed Pharmaceuticals (ORMP) United States $0.135B 0.00
Jushi Holdings (JUSHF) United States $0.117B 0.00
Exagen (XGN) United States $0.117B 0.00
Fonar (FONR) United States $0.115B 16.76
Biote (BTMD) United States $0.111B 4.86
MacroGenics (MGNX) United States $0.111B 0.00
Sharps Technology (STSS) United States $0.061B 0.00
ImmuCell (ICCC) United States $0.060B 25.58
Nephros (NEPH) United States $0.047B 34.00
Cytosorbents (CTSO) United States $0.046B 0.00
Veru (VERU) United States $0.039B 0.00
Jin Medical (ZJYL) China $0.038B 0.00
Rockwell Medical (RMTI) United States $0.037B 0.00
Modular Medical (MODD) United States $0.037B 0.00
United-Guardian (UG) United States $0.029B 14.57
Cellectar Biosciences (CLRB) United States $0.017B 0.00
Allurion Technologies (ALUR) United States $0.016B 0.00
Bonk (BNKK) United States $0.014B 0.00
INLIF (INLF) China $0.009B 0.00
Innovative Eyewear (LUCY) United States $0.009B 0.00
IM Cannabis (IMCC) Canada $0.007B 0.00
Flora Growth (FLGC) United States $0.007B 0.00
Zynex (ZYXI) United States $0.004B 0.00
GlucoTrack (GCTK) United States $0.003B 0.00
Agape ATP (ATPC) $0.003B 0.00
Functional Brands (MEHA) United States $0.003B 0.00
Meihua Medical Technologies (MHUA) China $0.002B 0.00
Akanda (AKAN) Canada $0.000B 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