Recent Press Releases & News
MDT earnings at a glance
The options market is pricing a move of about ±1.8% after the report, a range of roughly $94.82 to $98.36 from today's $96.59. Over its last 1 reports the stock rose the next day 0 times and fell 1, moving ±2.3% on average; after the most recent report on May 21, 2025 it moved -2.3%. That means options currently expect less movement than MDT has typically delivered. MDT beat the consensus EPS estimate in 2 of its last 2 reported quarters. Implied volatility is currently 44%. The share price of $96.59 sits in the middle of its 52-week range.
Overview
Earnings trends
Earnings history
| Date | Period | Actual EPS | Est | Surprise | YoY %Δ | Day react | Source |
|---|---|---|---|---|---|---|---|
| Fri Jul 31, 2026 | Jul 2026 | $1.14 | — | — | — | — | financials |
| Fri Jan 23, 2026 | Jan 2026 | $0.89 | — | — | — | — | financials |
| Fri Oct 24, 2025 | Oct 2025 | $1.07 | — | — | — | — | financials |
| Tue Aug 19, 2025 | Jul/2025 | $1.26 | $1.23 | +2.4% | — | — | earnings |
| Wed May 21, 2025 | Apr/2025 | $1.62 | $1.58 | +2.5% | — | -2.3% | earnings |
| Fri Jan 24, 2025 | Jan 2025 | $1.01 | — | — | — | — | financials |
| Fri Oct 25, 2024 | Oct 2024 | $0.99 | — | — | — | — | financials |
| Fri Jul 26, 2024 | Jul 2024 | $0.80 | — | — | — | — | financials |
| Fri Jan 26, 2024 | Jan 2024 | $0.99 | — | — | — | — | financials |
| Fri Oct 27, 2023 | Oct 2023 | $0.68 | — | — | — | — | financials |
| Fri Jul 28, 2023 | Jul 2023 | $0.59 | — | — | — | — | financials |
| Fri Jan 27, 2023 | Jan 2023 | $0.92 | — | — | — | — | financials |
| Fri Oct 28, 2022 | Oct 2022 | $0.32 | — | — | — | — | financials |
| Fri Jul 29, 2022 | Jul 2022 | $0.70 | — | — | — | — | financials |
Financials
Income statement (quarterly)
| Metric | Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.76B | — | $9.02B | $8.96B | $8.58B | — | $8.29B | $8.40B |
| Cost of revenue | $3.42B | — | $3.26B | $3.06B | $3.00B | — | $2.78B | $2.95B |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $1.76B | — | $1.46B | $1.69B | $1.45B | — | $1.65B | $1.59B |
| Net income | $1.47B | — | $1.14B | $1.38B | $1.04B | — | $1.29B | $1.28B |
| EPS (diluted) | $1.14 | — | $0.89 | $1.07 | $0.81 | — | $1.01 | $0.99 |
Balance sheet (quarterly)
| Metric | Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $1.69B | $1.95B | $1.15B | $1.28B | $1.27B | $2.22B | $1.24B | $1.39B |
| Inventory | $6.21B | $5.95B | $6.31B | $6.16B | $5.89B | $5.48B | $5.61B | $5.48B |
| Total current assets | $24.39B | $24.79B | $24.07B | $24.00B | $23.22B | $23.81B | $22.51B | $22.44B |
| Total assets | $93.31B | $93.03B | $91.48B | $91.35B | $90.97B | $91.68B | $89.97B | $90.04B |
| Long-term debt | — | — | — | — | — | — | — | — |
| Total liabilities | $42.46B | $42.96B | $42.29B | $42.49B | $42.84B | $43.42B | $40.36B | $41.33B |
| Total equity | $50.23B | $49.46B | $48.98B | $48.86B | $48.13B | $48.02B | $49.62B | $48.72B |
Implied volatility — last 90 days
Sector peers
MDT earnings FAQ
What is MDT's expected move for earnings?
Options currently price a move of about ±1.8%, or $1.77 per share either way from $96.59.
How does MDT stock usually react to earnings?
Across the last 1 reports the average next-day move was ±2.3%, up 0 times and down 1 times.
What is MDT's implied volatility?
MDT's at-the-money implied volatility is about 44% based on the latest options snapshot.