Filing Flows › MiniMed Group (MMED) › Q1 2026
MiniMed Group (MMED) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 17, 2026
MiniMed Group (MMED) reported revenue of $790M for the first quarter 2026 (Q1 2026), +15% from a year earlier. Operating margin was -12.7%, net loss $111M (14.1% of revenue).
MiniMed Group, Q1 2026: revenue $790M (+15% year over year), operating margin -12.7%, net loss $111M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $790M | — | +15% |
| Operating profit | −$100M | — | — |
| Net earnings | −$111M | — | — |
What changed
Revenue was $790.0M in Q1 2026, up 15% year over year. CGM was the largest line at 49% of revenue. CGM added $60.0M year over year (up 18%), 58% of the total change. Other declined 38%.
Gross margin was 45.8%, down 11.7 points from a year earlier. Operating costs exceeded revenue by $100.0M, an operating margin of -12.7%. Operating expenses grew 24% against revenue growth of 15%. The quarter ended with a net loss of $111.0M.
Questions
What was MiniMed Group's revenue in the first quarter 2026?
MiniMed Group (MMED) reported revenue of $790M for the first quarter 2026 (Q1 2026), +15% from a year earlier.
Was MiniMed Group profitable in the first quarter 2026?
Operating loss was $100M (-12.7% of revenue) and net loss $111M.
Source: MiniMed Group 10-Q on SEC EDGAR.