Investment
Features
FeesSafety
Academy
More
Pluang+
|
Home/News Feed/Medtronic posts strongest revenue growth in 10 years, raises dividend, and forecasts continued growth for FY27
MDT
$80.57
+$0.10 +0.12%

Medtronic posts strongest revenue growth in 10 years, raises dividend, and forecasts continued growth for FY27

Company Fundamentals
03 Jun 2026
PRNewsWire
View Source
Bullish
pluang ai news

Medtronic reported its fiscal year 2026 revenue at $36.4 billion, marking the highest annual growth in a decade with an 8.4% increase as reported and 5.8% organic growth. The company saw strong performance across key segments like Cardiac Ablation Solutions and Cardiovascular, with significant U.S. market share gains. Medtronic also raised its quarterly dividend to $0.72 per share, continuing 49 years of consecutive increases, and projects FY27 organic revenue growth between 6.75% and 7.25%, with non-GAAP EPS guidance of $5.90 to $6.00. Strategic acquisitions and product innovations position Medtronic for sustained momentum and long-term value creation.

More News (MDT)

Global blood glucose monitoring market to nearly double to $39.4B by 2035 with 8.9% CAGR driven by AI and home care trends

Global blood glucose monitoring market to nearly double to $39.4B by 2035 with 8.9% CAGR driven by AI and home care trends

The global blood glucose monitoring system market, valued at $16.8 billion in 2025, is projected to grow to $39.4 billion by 2035 at an 8.9% CAGR. Growth is fueled by rising diabetes prevalence, advancements in AI-enabled monitoring devices, and incr...

Market News
Bullish
2 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App