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

- Company: Medtronic plc (MDT)
- Period: 2024-04-27 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-ytd-q3-income-statement
- Chart image: https://plicit.ai/charts/mdt-fy2025-ytd-q3-income-statement-sankey.png

## Chart details: Revenue by Business Segment

Income statement for 2024-04-27 through 2025-01-24. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 24,610,000,000 US dollars
- **Cost of products sold, excluding amortization of intangible assets**: 8,485,000,000 US dollars
- **Gross profit (calculated)**: 16,125,000,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 11,606,000,000 US dollars
- **Operating profit**: 4,519,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 152,000,000 US dollars
- **Income before income taxes**: 4,367,000,000 US dollars
- **Income tax provision**: 737,000,000 US dollars
- **Net income**: 3,630,000,000 US dollars
- **Cardiovascular**: 9,145,000,000 US dollars
- **Neuroscience**: 7,226,000,000 US dollars
- **Medical Surgical**: 6,196,000,000 US dollars
- **Diabetes**: 2,027,000,000 US dollars
- **Other operating segment**: 106,000,000 US dollars
- **Research and development expense**: 2,048,000,000 US dollars
- **Selling, general, and administrative expense**: 8,129,000,000 US dollars
- **Amortization of intangible assets**: 1,243,000,000 US dollars
- **Restructuring charges, net**: 120,000,000 US dollars
- **Certain litigation charges, net**: 104,000,000 US dollars
- **Other operating (income) expense, net**: negative 38,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 24,700,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Other Adjustments**: negative 90,000,000 US dollars. Reported reconciliation to consolidated revenue.

### 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: $3.61 B; to noncontrolling interests: $24.00 M.

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

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

Income statement for 2024-04-27 through 2025-01-24. View: Geography (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 24,610,000,000 US dollars
- **Cost of products sold, excluding amortization of intangible assets**: 8,485,000,000 US dollars
- **Gross profit (calculated)**: 16,125,000,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 11,606,000,000 US dollars
- **Operating profit**: 4,519,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 152,000,000 US dollars
- **Income before income taxes**: 4,367,000,000 US dollars
- **Income tax provision**: 737,000,000 US dollars
- **Net income**: 3,630,000,000 US dollars
- **UNITED STATES**: 12,624,000,000 US dollars
- **Rest of world**: 11,900,000,000 US dollars
- **IRELAND**: 86,000,000 US dollars
- **Research and development expense**: 2,048,000,000 US dollars
- **Selling, general, and administrative expense**: 8,129,000,000 US dollars
- **Amortization of intangible assets**: 1,243,000,000 US dollars
- **Restructuring charges, net**: 120,000,000 US dollars
- **Certain litigation charges, net**: 104,000,000 US dollars
- **Other operating (income) expense, net**: negative 38,000,000 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: $3.61 B; to noncontrolling interests: $24.00 M.

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

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

Income statement for 2024-04-27 through 2025-01-24. View: Geography (2 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 24,610,000,000 US dollars
- **Cost of products sold, excluding amortization of intangible assets**: 8,485,000,000 US dollars
- **Gross profit (calculated)**: 16,125,000,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 11,606,000,000 US dollars
- **Operating profit**: 4,519,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 152,000,000 US dollars
- **Income before income taxes**: 4,367,000,000 US dollars
- **Income tax provision**: 737,000,000 US dollars
- **Net income**: 3,630,000,000 US dollars
- **UNITED STATES**: 12,624,000,000 US dollars
- **International**: 11,986,000,000 US dollars
- **Research and development expense**: 2,048,000,000 US dollars
- **Selling, general, and administrative expense**: 8,129,000,000 US dollars
- **Amortization of intangible assets**: 1,243,000,000 US dollars
- **Restructuring charges, net**: 120,000,000 US dollars
- **Certain litigation charges, net**: 104,000,000 US dollars
- **Other operating (income) expense, net**: negative 38,000,000 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: $3.61 B; to noncontrolling interests: $24.00 M.