# Medtronic plc (MDT) FY2025 Q3 P&L / Income Statement

- Company: Medtronic plc (MDT)
- Period: 2024-10-26 to 2025-01-24
- Filing: Q3 FY2025 10-Q, filed 2025-02-25, accession number 0001613103-25-000022
- Page: https://plicit.ai/financials/mdt/fy2025-q3-income-statement
- Chart image: https://plicit.ai/charts/mdt-fy2025-q3-income-statement-sankey.png

## Chart details: Revenue by Business Segment

Income statement for 2024-10-26 through 2025-01-24. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 8,292,000,000 US dollars
- **Cost of products sold, excluding amortization of intangible assets**: 2,779,000,000 US dollars
- **Gross profit (calculated)**: 5,513,000,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 3,868,000,000 US dollars
- **Operating profit**: 1,646,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 106,000,000 US dollars
- **Income before income taxes**: 1,540,000,000 US dollars
- **Income tax provision**: 237,000,000 US dollars
- **Net income**: 1,303,000,000 US dollars
- **Cardiovascular**: 3,037,000,000 US dollars
- **Neuroscience**: 2,458,000,000 US dollars
- **Medical Surgical**: 2,072,000,000 US dollars
- **Diabetes**: 694,000,000 US dollars
- **Other operating segment**: 32,000,000 US dollars
- **Research and development expense**: 675,000,000 US dollars
- **Selling, general, and administrative expense**: 2,717,000,000 US dollars
- **Amortization of intangible assets**: 416,000,000 US dollars
- **Restructuring charges, net**: 43,000,000 US dollars
- **Certain litigation charges, net**: 22,000,000 US dollars
- **Other operating (income) expense, net**: negative 5,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 8,293,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Components above reported revenue (calculated)**: negative 1,000,000 US dollars. The disclosed components add up to more than reported revenue; this is the difference, calculated, not a reported item.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to Medtronic plc: $1.29 B; to noncontrolling interests: $9.00 M.
- The amounts that make up operating profit come to $1,645.00 M and operating profit is $1,646.00 M; the $1.00 M difference is within the rounding of the filed amounts.

## Chart details: Revenue by Geography (3 categories)

- Page: https://plicit.ai/financials/mdt/fy2025-q3-income-statement/revenue-by-geography-3-categories
- Chart image: https://plicit.ai/charts/mdt-fy2025-q3-revenue-by-geography-3-categories-sankey.png

Income statement for 2024-10-26 through 2025-01-24. View: Geography (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 8,292,000,000 US dollars
- **Cost of products sold, excluding amortization of intangible assets**: 2,779,000,000 US dollars
- **Gross profit (calculated)**: 5,513,000,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 3,868,000,000 US dollars
- **Operating profit**: 1,646,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 106,000,000 US dollars
- **Income before income taxes**: 1,540,000,000 US dollars
- **Income tax provision**: 237,000,000 US dollars
- **Net income**: 1,303,000,000 US dollars
- **UNITED STATES**: 4,237,000,000 US dollars
- **Rest of world**: 4,027,000,000 US dollars
- **IRELAND**: 28,000,000 US dollars
- **Research and development expense**: 675,000,000 US dollars
- **Selling, general, and administrative expense**: 2,717,000,000 US dollars
- **Amortization of intangible assets**: 416,000,000 US dollars
- **Restructuring charges, net**: 43,000,000 US dollars
- **Certain litigation charges, net**: 22,000,000 US dollars
- **Other operating (income) expense, net**: negative 5,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to Medtronic plc: $1.29 B; to noncontrolling interests: $9.00 M.
- The amounts that make up operating profit come to $1,645.00 M and operating profit is $1,646.00 M; the $1.00 M difference is within the rounding of the filed amounts.

## Chart details: Revenue by Geography (2 categories)

- Page: https://plicit.ai/financials/mdt/fy2025-q3-income-statement/revenue-by-geography-2-categories
- Chart image: https://plicit.ai/charts/mdt-fy2025-q3-revenue-by-geography-2-categories-sankey.png

Income statement for 2024-10-26 through 2025-01-24. View: Geography (2 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 8,292,000,000 US dollars
- **Cost of products sold, excluding amortization of intangible assets**: 2,779,000,000 US dollars
- **Gross profit (calculated)**: 5,513,000,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 3,868,000,000 US dollars
- **Operating profit**: 1,646,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 106,000,000 US dollars
- **Income before income taxes**: 1,540,000,000 US dollars
- **Income tax provision**: 237,000,000 US dollars
- **Net income**: 1,303,000,000 US dollars
- **UNITED STATES**: 4,237,000,000 US dollars
- **International**: 4,055,000,000 US dollars
- **Research and development expense**: 675,000,000 US dollars
- **Selling, general, and administrative expense**: 2,717,000,000 US dollars
- **Amortization of intangible assets**: 416,000,000 US dollars
- **Restructuring charges, net**: 43,000,000 US dollars
- **Certain litigation charges, net**: 22,000,000 US dollars
- **Other operating (income) expense, net**: negative 5,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to Medtronic plc: $1.29 B; to noncontrolling interests: $9.00 M.
- The amounts that make up operating profit come to $1,645.00 M and operating profit is $1,646.00 M; the $1.00 M difference is within the rounding of the filed amounts.