earnings
confidence high
sentiment positive
materiality 0.85
Medtronic Q2 FY26: Revenue $9.0B (+5.5% organic), non-GAAP EPS $1.36 (+8%); raises FY26 guidance
Medtronic plc
2026-Q2 EPS reported
$1.87
revenue$17,539,000,000
- Q2 organic revenue growth 5.5% (beat guidance midpoint by 75 bps); GAAP EPS $1.07 (+8%), non-GAAP EPS $1.36 (+8%).
- Cardiovascular revenue $3.44B (+9.3% organic); Cardiac Ablation Solutions up 71% on PFA portfolio.
- Raises FY26 organic revenue growth guidance to ~5.5% (from ~5.0%); non-GAAP EPS guidance to $5.62-$5.66.
- Received FDA approval for Altaviva device for urge UI; CMS NCD for Symplicity hypertension procedure.
- Diabetes revenue $757M (+7.1% organic); Hugo robotic surgery study met safety and effectiveness endpoints.
item 2.02item 9.01