Medtronic plc (MDT) Gross margin 2017–2026
Medtronic plc (MDT) gross margin by fiscal year — reported gross profit divided by reported revenue.
65.0%FY2026 · since FY2017: 68.7% → 65.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | 65.0% | -0.3 pp |
| FY2025 | 65.3% | -0.0 pp |
| FY2024 | 65.3% | -0.3 pp |
| FY2023 | 65.7% | -2.3 pp |
| FY2022 | 68.0% | +2.8 pp |
| FY2021 | 65.2% | -2.2 pp |
| FY2020 | 67.4% | -2.6 pp |
| FY2019 | 70.0% | +0.3 pp |
| FY2018 | 69.8% | +1.0 pp |
| FY2017 | 68.7% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice