MDT Q1 2022 Earnings — Medtronic plc Revenue & Financial Results | Market Cap Arena

MDTMedtronic plc

$116B

Q1 2022 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$8.0B+22.7% YoY

Gross Profit

$5.4B67.5% margin

Operating Income

$859M10.8% margin

Net Income

$763M9.6% margin

EPS (Diluted)

$0.56

QoQ Revenue Growth

-2.5%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$914M

Stock-Based Comp.

$69M

Balance Sheet

Total Assets

$91.8B

Total Liabilities

$40.1B

Stockholders' Equity

$51.5B

Cash & Equivalents

$3.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.0B	$6.5B	+22.7%
Gross Profit	$5.4B	$4.0B	+34.7%
Operating Income	$859M	$673M	+27.6%
Net Income	$763M	$487M	+56.7%

Revenue Segments

Cardiac and Vascular Group

$2.9B36%

Medical Surgical

$2.3B29%

Neuroscience Group

$2.2B28%

Diabetes Group

$572M7%

Geographic Segments

UNITED STATES

$4.1B51%

Total Other Countries, Excluding United States and Ireland

$3.9B48%

IRELAND

$26M0%