Medtronic plc announced strong financial results for its third quarter of fiscal year 2026, reporting $9.0 billion in revenue, an increase of 8.7% as reported and 6.0% organic, exceeding guidance. Key drivers included an 80% increase in Cardiac Ablation Solutions revenue and 8.3% growth in the Diabetes business, particularly in international markets. The company reaffirmed its full fiscal year 2026 organic revenue and diluted non-GAAP EPS guidance.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Medtronic reports strong third quarter fiscal 2026 results with highest enterprise revenue growth in 10 quarters
Medtronic plc announced strong financial results for its third quarter of fiscal year 2026, reporting $9.0 billion in revenue, an increase of 8.7% as reported and 6.0% organic, exceeding guidance. Key drivers included an 80% increase in Cardiac Ablation Solutions revenue and 8.3% growth in the Diabetes business, particularly in international markets. The company reaffirmed its full fiscal year 2026 organic revenue and diluted non-GAAP EPS guidance.