Filing Flows

Filing Flows › MiniMed Group (MMED) › Q1 2026 › vs Q1 2025

MiniMed Group (MMED) Q1 2026 vs Q1 2025 (year over year)

MiniMed Group's revenue rose $113M (+16%) from $724M in Q1 2025 to $837M in Q1 2026.

MiniMed Group, Q1 2026: revenue $837M (+16% year over year), operating margin -11.1%, net loss $185M, operating cash flow −$170M. The chart draws each line against Q1 2025, the increases inside each band.

MiniMed Group: what changed, Q1 2026 vs Q1 2025MiniMed Group: what changed, Q1 2026 vs Q1 2025Operating cash sources$253MCash used in operations$253MWorking capital & other$236MCosts & expenses$130MIncome tax$72.0MOperating costs$58.0MCost of revenue$38.0MSG&A$23.0MNet loss$17.0MNet loss absorbed$17.0M

Every line

LineQ1 2026Q1 2025Change%
Revenue$837M$724M$113M+16%
Net loss$185M$168M$17.0M+10%
Costs & expenses$1.0B$893M$130M+15%
Operating costs$930M$872M$58.0M+7%
Income tax$93.0M$21.0M$72.0M+343%
Cost of revenue$357M$319M$38.0M+12%
Research & development$99.0M$107M−$8.0M-7%
SG&A$299M$276M$23.0M+8%
Other operating costs$175M$170M$5.0M+3%
Operating cash sources$217M−$36.0M$253M—
Depreciation & amortization$39.0M$38.0M$1.0M+3%
Share-based compensation$8.0M$9.0M−$1.0M-11%
Cash used in operations$170M−$83.0M$253M—
Net loss absorbed$185M$168M$17.0M+10%
Working capital & other$32.0M−$204M$236M—

Questions

How much did MiniMed Group's revenue grow year over year in Q1 2026?

MiniMed Group's revenue rose $113M (+16%) from $724M in Q1 2025 to $837M in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →