Company / Net Income
Medtronic Net Income History
FY2017-FY2026 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$3.7B
FY2026
5-year range
$3.6B / $4.8B
FY2022-FY2026
Trend
-2.2%
vs FY2025
Sector context
#7 of 164
Health Care
What the data says
Among 164 Health Care companies, Medtronic is in the top 4% for net income. Net Income has fluctuated over the past 10 years, ranging from $3.1B in FY2017 to $4.8B in FY2022.
Based on SEC 10-K filings.
$3.7B in FY2026 with a 5-year CAGR of -4.5%. Top quartile in the Health Care sector.
Declined from $4.7B to $3.7B over the past 2 years.
Health Care sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- +0.6%
- 5-Year CAGR
- -4.5%
- 10-Year CAGR
- -
Sector benchmark
Top 4% in Health CareTop 4% of 164This company $3.7B Sector average $467.5M
▼
+686.2% above sector average
Key checks
Key Insights
- 5-year CAGR of -4.5%, indicating a declining trend.
- In FY2026, net income decreased 2.2% year-over-year.
- Ranks #7 out of 164 companies in the Health Care sector.
- Peak net income was recorded in FY2022.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | $3.7B | -2.2% |
| FY2025 | $3.8B | -19.4% |
| FY2024 | $4.7B | +29.3% |
| FY2023 | $3.6B | -24.7% |
| FY2022 | $4.8B | +3.4% |
| FY2021 | $4.6B | +28.4% |
| FY2020 | $3.6B | -24.7% |
| FY2019 | $4.8B | +3.4% |
| FY2018 | $4.6B | +49.2% |
| FY2017 | $3.1B | -22.9% |
As of FY2026 · SEC 10-K · Updated Jun 30, 2026