MDT Q3 2023 Earnings — Medtronic plc Revenue & Financial Results | Market Cap Arena

MDTMedtronic plc

$116B

Q3 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$7.7B-0.5% YoY

Gross Profit

$5.0B65.2% margin

Operating Income

$1.4B18.0% margin

Net Income

$1.2B15.8% margin

EPS (Diluted)

$0.92

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$1.6B

Free Cash Flow

$1.2B

Stock-Based Comp.

$81M

Balance Sheet

Total Assets

$94.1B

Total Liabilities

$42.5B

Stockholders' Equity

$51.4B

Cash & Equivalents

$4.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7.7B	$7.8B	-0.5%
Gross Profit	$5.0B	$5.3B	-5.0%
Operating Income	$1.4B	$1.7B	-16.1%
Net Income	$1.2B	$1.5B	-17.4%

Revenue Segments

Cardiovascular

$2.8B36%

Neuroscience Group

$2.2B29%

Medical Surgical

$2.1B28%

Diabetes Group

$570M7%

Geographic Segments

UNITED STATES

$4.1B53%

Total Other Countries, Excluding United States and Ireland

$3.6B47%

IRELAND

$23M0%