# Medtronic plc (MDT) FY2027 Q1 P&L / Income Statement

- Company: Medtronic plc (MDT)
- Period: 2026-04-25 to 2026-07-31
- Filing: Q1 FY2027 10-Q, filed 2026-09-03, accession number 0001628280-26-060473
- Page: https://plicit.ai/financials/mdt/fy2027-q1-income-statement
- Chart image: https://plicit.ai/charts/mdt-fy2027-q1-income-statement-sankey.png

## Chart details: Revenue by Business Segment

Income statement for 2026-04-25 through 2026-07-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 9,756,000,000 US dollars
- **Cost of products sold, excluding amortization of intangible assets**: 3,416,000,000 US dollars
- **Gross profit (calculated)**: 6,340,000,000 US dollars
- **Operating costs, including other operating expenses (calculated)**: 4,576,000,000 US dollars
- **Operating profit**: 1,764,000,000 US dollars
- **Other income (expense), net (calculated)**: 5,000,000 US dollars
- **Income before income taxes**: 1,769,000,000 US dollars
- **Income tax provision**: 289,000,000 US dollars
- **Net income**: 1,479,000,000 US dollars
- **Cardiovascular**: 3,927,000,000 US dollars
- **Neuroscience**: 2,678,000,000 US dollars
- **Medical Surgical**: 2,279,000,000 US dollars
- **Diabetes**: 843,000,000 US dollars
- **Other operating segment, misc**: 29,000,000 US dollars
- **Research and development expense**: 771,000,000 US dollars
- **Selling, general, and administrative expense**: 3,198,000,000 US dollars
- **Amortization of intangible assets**: 412,000,000 US dollars
- **Restructuring charges, net**: 72,000,000 US dollars
- **Certain litigation charges, net**: 0 US dollars
- **Other operating expense (income), net**: 123,000,000 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: $1.47 B; to noncontrolling interests: $9.00 M.
- The amounts that make up net income come to $1,480.00 M and net income is $1,479.00 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/fy2027-q1-income-statement/revenue-by-geography-3-categories
- Chart image: https://plicit.ai/charts/mdt-fy2027-q1-revenue-by-geography-3-categories-sankey.png

Income statement for 2026-04-25 through 2026-07-31. View: Geography (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 9,756,000,000 US dollars
- **Cost of products sold, excluding amortization of intangible assets**: 3,416,000,000 US dollars
- **Gross profit (calculated)**: 6,340,000,000 US dollars
- **Operating costs, including other operating expenses (calculated)**: 4,576,000,000 US dollars
- **Operating profit**: 1,764,000,000 US dollars
- **Other income (expense), net (calculated)**: 5,000,000 US dollars
- **Income before income taxes**: 1,769,000,000 US dollars
- **Income tax provision**: 289,000,000 US dollars
- **Net income**: 1,479,000,000 US dollars
- **UNITED STATES**: 4,906,000,000 US dollars
- **Rest of world**: 4,810,000,000 US dollars
- **IRELAND**: 40,000,000 US dollars
- **Research and development expense**: 771,000,000 US dollars
- **Selling, general, and administrative expense**: 3,198,000,000 US dollars
- **Amortization of intangible assets**: 412,000,000 US dollars
- **Restructuring charges, net**: 72,000,000 US dollars
- **Certain litigation charges, net**: 0 US dollars
- **Other operating expense (income), net**: 123,000,000 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: $1.47 B; to noncontrolling interests: $9.00 M.
- The amounts that make up net income come to $1,480.00 M and net income is $1,479.00 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/fy2027-q1-income-statement/revenue-by-geography-2-categories
- Chart image: https://plicit.ai/charts/mdt-fy2027-q1-revenue-by-geography-2-categories-sankey.png

Income statement for 2026-04-25 through 2026-07-31. View: Geography (2 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 9,756,000,000 US dollars
- **Cost of products sold, excluding amortization of intangible assets**: 3,416,000,000 US dollars
- **Gross profit (calculated)**: 6,340,000,000 US dollars
- **Operating costs, including other operating expenses (calculated)**: 4,576,000,000 US dollars
- **Operating profit**: 1,764,000,000 US dollars
- **Other income (expense), net (calculated)**: 5,000,000 US dollars
- **Income before income taxes**: 1,769,000,000 US dollars
- **Income tax provision**: 289,000,000 US dollars
- **Net income**: 1,479,000,000 US dollars
- **UNITED STATES**: 4,906,000,000 US dollars
- **International**: 4,850,000,000 US dollars
- **Research and development expense**: 771,000,000 US dollars
- **Selling, general, and administrative expense**: 3,198,000,000 US dollars
- **Amortization of intangible assets**: 412,000,000 US dollars
- **Restructuring charges, net**: 72,000,000 US dollars
- **Certain litigation charges, net**: 0 US dollars
- **Other operating expense (income), net**: 123,000,000 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: $1.47 B; to noncontrolling interests: $9.00 M.
- The amounts that make up net income come to $1,480.00 M and net income is $1,479.00 M; the $1.00 M difference is within the rounding of the filed amounts.