What is the current annual gross margin of MDT?

As of today, MDT annual gross margin is 59.78%

What is 1-year change in MDT annual gross margin?

MDT annual gross margin is down -0.55% year-over-year

What is 3-year change in MDT annual gross margin?

MDT annual gross margin is down -4.93% over the past 3 years

How far is MDT annual gross margin from its all-time high?

MDT annual gross margin is currently -21.52% below its historical high of 76.17% set on April 30, 2005

How does MDT annual gross margin rank versus sector peers?

MDT annual gross margin is higher than 56.14% of companies in Healthcare sector

When is MDT next annual earnings release?

As of today, the next annual earnings release for MDT has not been scheduled

What is the current quarterly gross margin of MDT?

As of today, MDT quarterly gross margin is 60.45%

What is MDT quarterly gross margin most recent change?

MDT quarterly gross margin was up +1.38% on October 31, 2025

What is 1-year change in MDT quarterly gross margin?

MDT quarterly gross margin is up +0.90% year-over-year

How far is MDT quarterly gross margin from its all-time high?

MDT quarterly gross margin is currently -24.96% below its historical high of 80.56% set on July 31, 1996

How does MDT quarterly gross margin rank versus sector peers?

MDT quarterly gross margin is higher than 58.15% of companies in Healthcare sector

When is MDT next earnings release?

The next earnings release for MDT is on February 17, 2026

Medtronic Plc (MDT) Gross Margin History & Chart Since 1980

Annual Gross Margin

59.78%0.33%-0.55%

April 30, 2025

Summary

Current Value: As of today, MDT annual gross margin is 59.78%, down -0.55% on April 30, 2025
Historical Performance: MDT annual gross margin is down -4.93% over the past 3 years, and down -3.38% over the past 5 years
All-Time High Comparison: MDT annual gross margin is currently -21.52% below its historical high of 76.17% set on April 30, 2005
3-Year Low Comparison: MDT annual gross margin is at its 3-year low
Sector Comparison: MDT annual gross margin is higher than 56.14% of companies in Healthcare sector

Gross Margin Chart

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Performance

MDT Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Apr 30, 25	59.78%	-0.6%	-4.9%	-3.4%	-21.3%
Quarterly Gross Margin	Oct 31, 25	60.45%	+0.9%	-1.4%	+2.0%	-19.9%
Price	Jan 13, 26	$96.42	+17.9%	+19.6%	-18.8%	+158.7%
PE Ratio	Jan 13, 26	26.05	+4.4%	+4.0%	-42.6%	+101.9%
Annual Revenue	Apr 30, 25	$33.54B	+3.6%	+5.8%	+16.0%	+112.0%
Annual Gross Profit	Apr 30, 25	$20.05B	+3.1%	+0.6%	+12.1%	+66.9%
Annual Operating Margin	Apr 30, 25	-21.75%	+1.9%	-23.6%	-2.3%	-463.7%
Annual Net Margin	Apr 30, 25	13.99%	+22.3%	-12.4%	-15.8%	-28.6%

Gross Margin Highs

MDT Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	62.88%	N/A	-4.9%
5Y	62.88%	Apr 29, 22	-4.9%
All	76.17%	Apr 30, 05	-21.5%

Gross Margin Lows

MDT Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	59.78%	Apr 30, 25	at low
5Y	59.70%	Apr 30, 21	+0.1%
All	59.70%	Apr 30, 21	+0.1%

Gross Margin History

Year	Value	Change
2025	59.78%	-0.5%
2024	60.11%	-0.7%
2023	60.54%	-3.7%
2022	62.88%	+5.3%
2021	59.70%	-3.5%
2020	61.87%	-4.2%
2019	64.56%	+1.2%
2018	63.78%	+2.6%
2017	62.19%	+0.3%
2016	61.98%	-5.8%
2015	65.79%	-9.8%
2014	72.93%	-0.6%
2013	73.36%	-0.8%
2012	73.96%	+0.9%
2011	73.29%	-3.5%
2010	75.93%	+2.2%
2009	74.31%	-0.5%
2008	74.67%	+0.3%
2007	74.46%	-1.4%
2006	75.49%	-0.9%
2005	76.17%	+1.3%
2004	75.21%	-0.2%
2003	75.34%	+1.5%

Year	Value	Change
2002	74.22%	-0.7%
2001	74.74%	+8.6%
2000	68.83%	+1.0%
1999	68.17%	-8.2%
1998	74.26%	-0.9%
1997	74.97%	+3.0%
1996	72.81%	+5.5%
1995	69.00%	+0.0%
1994	68.97%	+0.9%
1993	68.37%	+1.2%
1992	67.56%	+0.0%
1991	67.53%	+0.0%
1990	67.51%	-0.4%
1989	67.77%	-0.1%
1988	67.85%	+2.3%
1987	66.30%	+1.9%
1986	65.05%	+4.3%
1985	62.35%	-0.9%
1984	62.90%	+1.3%
1983	62.11%	-6.7%
1982	66.60%	+5.1%
1981	63.34%	-0.5%
1980	63.64%	-

FAQ

What is the current annual gross margin of MDT?
As of today, MDT annual gross margin is 59.78%
What is 1-year change in MDT annual gross margin?
MDT annual gross margin is down -0.55% year-over-year
What is 3-year change in MDT annual gross margin?
MDT annual gross margin is down -4.93% over the past 3 years
How far is MDT annual gross margin from its all-time high?
MDT annual gross margin is currently -21.52% below its historical high of 76.17% set on April 30, 2005
How does MDT annual gross margin rank versus sector peers?
MDT annual gross margin is higher than 56.14% of companies in Healthcare sector
When is MDT next annual earnings release?
As of today, the next annual earnings release for MDT has not been scheduled

Quarterly Gross Margin

60.45%0.82%+1.38%

October 31, 2025

Summary

Current Value: As of today, MDT quarterly gross margin is 60.45%, up +1.38% on October 31, 2025
Historical Performance: MDT quarterly gross margin is up +0.90% year-over-year, and down -1.35% over the past 3 years
All-Time High Comparison: MDT quarterly gross margin is currently -24.96% below its historical high of 80.56% set on July 31, 1996
3-Year Low Comparison: MDT quarterly gross margin is +3.35% above its 3-year low of 58.49% reached on April 30, 2025
Sector Comparison: MDT quarterly gross margin is higher than 58.15% of companies in Healthcare sector

Performance

MDT Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Oct 31, 25	60.45%	+1.4%	+0.9%	-1.4%	+2.0%
Annual Gross Margin	Apr 30, 25	59.78%	–	-0.6%	-4.9%	-3.4%
Price	Jan 13, 26	$96.42	+0.9%	+17.9%	+19.6%	-18.8%
PE Ratio	Jan 13, 26	26.05	-1.3%	+4.4%	+4.0%	-42.6%
Quarterly Revenue	Oct 31, 25	$8.96B	+4.5%	+6.6%	+18.1%	+17.2%
Quarterly Gross Profit	Oct 31, 25	$5.42B	+5.9%	+7.6%	+16.5%	+19.6%
Quarterly Operating Margin	Oct 31, 25	19.31%	+9.2%	+2.8%	+6.8%	-1.3%
Quarterly Net Margin	Oct 31, 25	15.42%	+26.3%	+1.4%	+168.6%	+138.7%

Quarterly Gross Margin Highs

MDT Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	61.31%	Jan 24, 25	-1.4%
3Y	61.31%	Jan 24, 25	-1.4%
5Y	63.09%	Jan 28, 22	-4.2%
All	80.56%	Jul 31, 96	-25.0%

Quarterly Gross Margin Lows

MDT Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	58.49%	Apr 30, 25	+3.4%
3Y	58.49%	Apr 30, 25	+3.4%
5Y	58.49%	Apr 30, 25	+3.4%
All	54.11%	Apr 24, 15	+11.7%

Quarterly Gross Margin History

Month	Value	Change
Oct 2025	60.45%	+1.4%
Jul 2025	59.63%	+1.9%
Apr 2025	58.49%	-4.6%
Jan 2025	61.31%	+2.3%
Oct 2024	59.91%	+0.6%
Jul 2024	59.53%	-1.6%
Apr 2024	60.51%	+0.3%
Jan 2024	60.33%	+0.4%
Oct 2023	60.10%	-0.6%
Jul 2023	60.45%	+0.1%
Apr 2023	60.39%	+0.9%
Jan 2023	59.86%	-2.3%
Oct 2022	61.28%	+1.5%
Jul 2022	60.39%	-4.0%
Apr 2022	62.91%	-0.3%
Jan 2022	63.09%	+0.0%
Oct 2021	63.08%	+1.0%
Jul 2021	62.43%	-0.2%
Apr 2021	62.57%	+2.7%
Jan 2021	60.93%	+2.8%
Oct 2020	59.25%	+7.4%
Jul 2020	55.16%	-0.7%
Apr 2020	55.57%	-13.0%
Jan 2020	63.90%	+0.4%
Oct 2019	63.63%	+1.1%
Jul 2019	62.94%	-2.5%
Apr 2019	64.56%	+0.1%
Jan 2019	64.48%	-0.6%
Oct 2018	64.90%	+0.9%
Jul 2018	64.31%	-1.4%
Apr 2018	65.24%	+1.7%
Jan 2018	64.15%	+1.2%
Oct 2017	63.36%	+1.8%
Jul 2017	62.26%	-1.1%
Apr 2017	62.96%	+1.5%
Jan 2017	62.03%	+0.8%
Oct 2016	61.52%	-0.2%
Jul 2016	61.65%	-1.0%
Jan 2016	62.27%	-0.3%
Oct 2015	62.45%	+4.2%
Jul 2015	59.91%	+10.7%
Apr 2015	54.11%	-25.4%
Jan 2015	72.58%	+0.9%
Oct 2014	71.90%	-0.6%
Jul 2014	72.31%	-0.2%
Apr 2014	72.47%	-0.6%
Jan 2014	72.88%	+0.6%
Oct 2013	72.41%	-1.5%
Jul 2013	73.50%	+0.9%
Apr 2013	72.86%	-0.2%
Jan 2013	73.03%	-0.3%
Oct 2012	73.24%	-0.9%
Jul 2012	73.93%	-0.1%
Apr 2012	73.98%	-0.3%
Jan 2012	74.20%	+1.2%
Oct 2011	73.33%	+0.5%
Jul 2011	72.93%	-0.0%
Apr 2011	72.95%	+0.3%
Jan 2011	72.73%	-3.6%
Oct 2010	75.45%	-1.4%
Jul 2010	76.52%	+0.4%
Apr 2010	76.19%	+0.1%
Jan 2010	76.14%	+0.9%
Oct 2009	75.48%	-0.6%
Jul 2009	75.90%	+2.7%
Apr 2009	73.94%	-1.7%
Jan 2009	75.21%	+0.7%
Oct 2008	74.71%	-2.4%
Jul 2008	76.55%	+1.3%
Apr 2008	75.60%	+1.4%
Jan 2008	74.57%	+1.6%
Oct 2007	73.40%	-2.0%

Month	Value	Change
Jul 2007	74.90%	+1.4%
Apr 2007	73.87%	-1.2%
Jan 2007	74.74%	+0.5%
Oct 2006	74.37%	-0.8%
Jul 2006	74.94%	-0.2%
Apr 2006	75.10%	-0.3%
Jan 2006	75.35%	+0.2%
Oct 2005	75.20%	-1.5%
Jul 2005	76.35%	+0.5%
Apr 2005	75.98%	-0.4%
Jan 2005	76.31%	+0.8%
Oct 2004	75.71%	-1.3%
Jul 2004	76.69%	+2.2%
Apr 2004	75.07%	+7.0%
Jan 2004	70.18%	+0.5%
Oct 2003	69.82%	-7.0%
Jul 2003	75.10%	+0.4%
Apr 2003	74.83%	-0.5%
Jan 2003	75.17%	-0.6%
Oct 2002	75.64%	-0.3%
Jul 2002	75.83%	+1.8%
Apr 2002	74.50%	+8.9%
Jan 2002	68.44%	-2.5%
Oct 2001	70.23%	-5.1%
Jul 2001	74.03%	-0.5%
Apr 2001	74.37%	+7.6%
Jan 2001	69.12%	-5.4%
Oct 2000	73.06%	-2.3%
Jul 2000	74.77%	+2.0%
Apr 2000	73.31%	+0.2%
Jan 2000	73.18%	-1.1%
Oct 1999	73.99%	-1.4%
Jul 1999	75.07%	+1.2%
Apr 1999	74.21%	+1.2%
Jan 1999	73.32%	+2.3%
Oct 1998	71.70%	-3.1%
Jul 1998	74.02%	+0.5%
Apr 1998	73.64%	+0.9%
Jan 1998	72.95%	-3.1%
Oct 1997	75.26%	+0.1%
Jul 1997	75.22%	-1.8%
Apr 1997	76.57%	-3.4%
Jan 1997	79.24%	-1.0%
Oct 1996	80.02%	-0.7%
Jul 1996	80.56%	+3.1%
Apr 1996	78.10%	+0.3%
Jan 1996	77.87%	+0.3%
Oct 1995	77.67%	-0.7%
Jul 1995	78.20%	+3.9%
Apr 1995	75.29%	+0.8%
Jan 1995	74.69%	+0.6%
Oct 1994	74.25%	-2.5%
Jul 1994	76.18%	+3.4%
Apr 1994	73.71%	-1.4%
Jan 1994	74.78%	-0.6%
Oct 1993	75.25%	+0.5%
Jul 1993	74.89%	+1.3%
Apr 1993	73.90%	+0.5%
Jan 1993	73.52%	+0.3%
Oct 1992	73.33%	-0.5%
Jul 1992	73.69%	-3.9%
Apr 1992	76.72%	+10.8%
Jan 1992	69.22%	-2.8%
Oct 1991	71.18%	-2.2%
Jul 1991	72.76%	-1.8%
Apr 1991	74.12%	+2.8%
Jan 1991	72.09%	+1.2%
Oct 1990	71.21%	-0.9%
Jul 1990	71.83%	+1.1%
Apr 1990	71.06%	-1.9%
Jan 1990	72.42%	+0.1%
Oct 1989	72.38%	-

FAQ

What is the current quarterly gross margin of MDT?
As of today, MDT quarterly gross margin is 60.45%
What is MDT quarterly gross margin most recent change?
MDT quarterly gross margin was up +1.38% on October 31, 2025
What is 1-year change in MDT quarterly gross margin?
MDT quarterly gross margin is up +0.90% year-over-year
How far is MDT quarterly gross margin from its all-time high?
MDT quarterly gross margin is currently -24.96% below its historical high of 80.56% set on July 31, 1996
How does MDT quarterly gross margin rank versus sector peers?
MDT quarterly gross margin is higher than 58.15% of companies in Healthcare sector
When is MDT next earnings release?
The next earnings release for MDT is on February 17, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

MDT Official Website www.medtronic.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1613103/000162828025052771/0001628280-25-052771-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1613103/000161310325000091/0001613103-25-000091-index.htm
MDT Profile on Yahoo Finance finance.yahoo.com/quote/MDT
MDT Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/mdt