earnings
confidence high
sentiment positive
materiality 0.80
Medtronic Q1 revenue $8.58B (+4.8% organic); raises FY26 EPS; adds 2 directors, forms new committees
Medtronic plc
2026-Q1 EPS reported
$0.81
revenue$8,578,000,000
- Q1 GAAP EPS $0.81; non-GAAP EPS $1.26 (+2%), revenue $8.58B, organic growth 4.8%.
- FY26 non-GAAP EPS guidance raised to $5.60-$5.66 from $5.50-$5.60; organic revenue growth ~5% reaffirmed.
- Cardiac Ablation Solutions revenue +50% on pulsed field ablation strength; US +72%.
- Board expanded to 13; John Groetelaars and William Jellison appointed as independent directors.
- New Growth and Operations committees formed; Investor Day planned for mid-2026; engagement with Elliott Management.
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