FINHUB Insights

Medtronic Q1 FY27: where the revenue came from and where it went

The whole income statement of Medtronic for this quarter, as one diagram: what earned the revenue, and what it went on.

Period
Apr 25 – Jul 31, 2026
Reported
Sep 3, 2026 10-Q accession 0001628280-26-060473

Revenue$9.8B +14% year over year
Gross profit$6.3B 65% margin
Operating profit$1.8B 18% margin
Net profit$1.5B 15% margin
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The numbers

All figures in billions of U.S. dollars, for Q1 FY27 (period ends Jul 31, 2026).
ItemValueShare of revenueYear over year
Revenue 9.8 100% +14%
Cost of revenue−3.435%
Gross profit6.365% margin+0pp
SG&A−3.233%+0pp
Other−1.414%+0pp
Operating profit1.818% margin+1pp
Tax−0.3
Net profit1.5 15% margin+3pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Source of the numbers: the totals in the filing, whose revenue split this site could not read (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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