Medtronic (MDT) Revenue — Quarter Ended Apr 24, 2026
Revenue for the quarter increased compared to both the previous quarter and the same period a year earlier. The growth rate was stronger than in the immediate prior quarter.
Key takeaway
Quarter ended Apr 24, 2026 · FY2026 Q4
Revenue for the quarter increased compared to both the previous quarter and the same period a year earlier. The growth rate was stronger than in the immediate prior quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.8B
Revenue reported for this quarter.
Quarter-over-quarter
+8.8%
Change from the immediately preceding quarter.
Year-over-year
+9.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$36.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jul 25, 2025 | $8.6B | +8.4% |
| Oct 24, 2025 | $9B | +6.6% |
| Jan 23, 2026 | $9B | +8.7% |
| Apr 24, 2026 | $9.8B | +9.9% |
Revenue performance
Revenue continued its upward trajectory, with the quarter's increase outpacing that of the preceding quarter.
Quarterly comparison
Sequentially, revenue rose from the prior quarter. On a year-over-year basis, revenue also grew at a faster rate than the previous quarter's year-over-year comparison.
What to watch
The acceleration in revenue growth relative to the prior quarter is a notable trend to observe.