Filing Flows › MiniMed Group (MMED) › How it makes money
How MiniMed Group (MMED) makes money
MiniMed Group (MMED) made $843M of revenue in the second quarter 2026 (Q2 2026), +17% from a year earlier. CGM brought in $431M (51%); Consumables brought in $261M (31%); Pumps brought in $144M (17%). Of every dollar of revenue, 55¢ was left as gross profit, 1¢ was left as operating profit.
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| CGM | $431M | 51.1% | +3% | +20% |
| Consumables | $261M | 31.0% | +5% | +14% |
| Pumps | $144M | 17.1% | -0.7% | +21% |
| Other | $7.0M | 0.8% | -68% | -53% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $843M | 100.0% |
| Cost of revenue | $378M | 44.8% |
| Gross profit | $465M | 55.2% |
| Operating expenses | $460M | 54.6% |
| Operating profit | $5.0M | 0.6% |
| Income tax | $4.0M | 0.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $843M | +17% |
| Q1 2026 | $837M | +16% |
| Q1 2026 | $790M | +15% |
From MiniMed Group's 10-Q filed Sep 8, 2026 (on EDGAR).
Questions
How does MiniMed Group make money?
MiniMed Group (MMED) made $843M of revenue in the second quarter 2026 (Q2 2026), +17% from a year earlier. CGM brought in $431M (51%); Consumables brought in $261M (31%); Pumps brought in $144M (17%). Of every dollar of revenue, 55¢ was left as gross profit, 1¢ was left as operating profit.
What is MiniMed Group's biggest business?
CGM: $431M in the second quarter 2026, 51% of revenue, +20% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.