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Medtronic (MDT) net income by quarter

Medtronic's net income was $1.5B in Q1 FY27 (first quarter fiscal 2027), +18% from Q4 FY26. Over the last 7 quarters it ranged from $1.0B (Q1 FY26) to $1.5B (Q1 FY27).

Medtronic net income by quarterMedtronic net income by quarter$1.3BQ3 FY25$1.1BQ4 FY25$1.0BQ1 FY26$1.4BQ2 FY26$1.1BQ3 FY26$1.2BQ4 FY26$1.5BQ1 FY27
QuarterNet incomeQ/QY/Y
Q1 FY27$1.5B+18%+40%
Q4 FY26$1.2B+9%+18%
Q3 FY26$1.1B-17%-12%
Q2 FY26$1.4B+32%—
Q1 FY26$1.0B-0.9%—
Q4 FY25$1.1B-18%—
Q3 FY25$1.3B——

Q1 FY27 at a glance

Medtronic, Q1 FY27: revenue $9.8B (+14% year over year), operating margin 18.1%, net earnings $1.5B, operating cash flow $1.8B. The chart follows the revenue to costs, profit and cash.

Questions

What is Medtronic's net income?

Medtronic's net income was $1.5B in Q1 FY27 (first quarter fiscal 2027), +18% from Q4 FY26.

How has Medtronic's net income changed?

Over the last 7 quarters it ranged from $1.0B (Q1 FY26) to $1.5B (Q1 FY27).

Q1 FY27 results → · How Medtronic makes money →