Medtronic (NYSE: MDT) net income
Medtronic reported a net profit of $4,801m for fiscal 2026, 3.0% more than in fiscal 2025 ($4,662m). Its net margin was 13.2%. Earnings per share were $3.75.
Net income by fiscal year
| Fiscal year | Net income | Change | Net margin | Earnings per share |
|---|---|---|---|---|
| 2026 | $4,801m | +3.0% | 13.2% | $3.75 |
| 2025 | $4,662m | +26.8% | 13.9% | $3.63 |
| 2024 | $3,676m | −2.2% | 11.4% | $2.77 |
| 2023 | $3,758m | −25.4% | 12.0% | $2.83 |
| 2022 | $5,039m | +39.7% | 15.9% | $3.75 |
| 2021 | $3,606m | −24.7% | 12.0% | $2.68 |
| 2020 | $4,789m | +3.4% | 16.6% | $3.57 |
| 2019 | $4,631m | +49.2% | 15.2% | $3.44 |
| 2018 | $3,104m | −22.9% | 10.4% | $2.29 |
| 2017 | $4,028m | — | 13.6% | $2.92 |
The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.
Questions about the net income of Medtronic
- How much did Medtronic earn in fiscal 2026?
- Medtronic reported a net profit of $4,801m for fiscal 2026. In fiscal 2025 it reported a net profit of $4,662m.
- What are the earnings per share of Medtronic?
- They were $3.75 in fiscal 2026, compared with $3.63 in fiscal 2025.
- What is the net margin of Medtronic?
- In fiscal 2026 its net profit was 13.2% of its revenue.
- What was the most profitable year for Medtronic?
- Of its last 10 fiscal years, fiscal 2022, with $5,039m.
- Where do the figures for Medtronic come from?
- From the annual report (Form 10-K) that Medtronic files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
From the annual report (Form 10-K) that Medtronic files with the SEC. The filing for each fiscal year: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017. More on Medtronic: the Medtronic page · annual accounts · revenue · dividends paid · insider transactions.
Dividend per share of Medtronic by fiscal year, with the filing behind every figure: Medtronic dividend history.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.