MDTMedtronic

Health care · Medical Devices · NYSE

Medtronic plc, headquartered in Galway, Ireland, is the leading global healthcare technology company. 10-K, Item 1

Headquarters: Galway
CEO: Geoffrey Martha
Next results: around Nov 17, 2026

The biggest changes in the 10-K filed 2026-06-18, this fiscal year against the last, and the sentences in the MD&A (Item 7) where management explains them, quoted word for word. Tickdelta picks sentences that name the line, a direction and a cause. It does not write explanations of its own.

Revenue

+8.4% FY to 2026-04-24 vs 2025-04-25

“The increase in net sales for fiscal year 2026 was driven primarily by growth in most businesses, as further described in the business sections below.”
Read it in the 10-K ↗

“Net sales growth was also due to increases within Cardiac Rhythm Management, driven by growth in Micra leadless pacemakers, Aurora extravascular implantable cardioverter defibrillator (EV-ICD) system, and SelectSecure 3830 lead.”
Read it in the 10-K ↗

Cash from operations

+4.1% FY to 2026-04-24 vs 2025-04-25

The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.

Net income

+3.0% FY to 2026-04-24 vs 2025-04-25

“The increase in our effective tax rate was primarily attributable to the increase in certain tax adjustments discussed below, an increase in the Pillar Two Global Minimum Tax, and year-over-year changes in operational results by jurisdiction, partially offset by the net operational tax benefits mentioned below; all of which occurred in fiscal year 2026.”
Read it in the 10-K ↗

Operating margin

17.8% → 17.8% (+0.0 pts) FY to 2026-04-24 vs 2025-04-25

The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.

Changes are computed from the XBRL figures in the same 10-K. Hover a number to see the line item. Open the 10-K ↗

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