Medtronic plc

MDT · XNYS

CIK 1613103fmd_190S1JB54J7W2HEY8779XJ1VQ2Manufacturing · Electromedical & Electrotherapeutic ApparatusTemplate: Standard

Coverage: Apr 28, 2012 to Jul 31, 2026, 54 periods

Income Statement · Annual · Millions · USD
Line item	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Total revenues	29,710	29,953	30,557	28,913	30,117	31,686	31,227	32,364	33,537	36,364
Cost of revenue	9,294	9,067	9,155	9,424	10,483	10,145	10,719	11,216	11,632	12,721
Net interest income	–	–	–	–	–	186	386	597	511	383
Gross profit	20,419	20,898	21,402	19,489	19,634	21,541	20,508	21,148	21,905	23,643
Research and development	2,193	2,256	2,330	2,331	2,493	2,746	2,696	2,735	2,732	2,873
Selling, general and administrative	10,018	10,238	10,418	10,109	10,148	10,292	10,415	10,736	10,849	11,784
Operating income	5,383	6,640	6,268	4,791	4,484	5,752	5,485	5,144	5,955	6,467
Interest expense	1,094	1,146	1,444	1,092	925	553	636	719	729	715
Other non-operating income (expense)	313	181	373	356	336	318	515	412	402	384
Income before taxes	4,602	5,675	5,197	4,055	3,895	5,517	5,364	4,837	5,628	6,136
Income tax expense	578	2,580	547	(751)	265	456	1,580	1,133	936	1,299
Net income from continuing operations	4,024	3,095	4,650	4,806	3,630	5,061	3,784	3,704	4,692	4,837
Net income	4,028	3,104	4,631	4,789	3,606	5,039	3,758	3,676	4,662	4,801
Net income to common shareholders	–	–	–	–	–	–	–	–	–	–