Medtronic (MDT) FY2025 10-K Annual Report

Filed: Jun 20, 2025
Health Care
Electromedical & Electrotherapeutic ApparatusSEC EDGAR

Medtronic (MDT) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Jun 20, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Medtronic FY2025 10-K Analysis

Business Overview

  • Core business model: Medical device development, manufacturing, and global distribution focusing on innovation and regulatory compliance
  • Emphasis on cybersecurity and AI risk management, addressing vulnerabilities and regulatory challenges for AI system integration
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Management Discussion & Analysis

  • Revenue $33.0B, up 5.0% YoY from $31.4B in fiscal year 2024
  • Operating margin 24.1% vs 23.3% in prior year
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Risk Factors

  • Cybersecurity risk via IT system breaches threatening global supply chain, customer and payor data integrity
  • CISO with 29 years experience leads cybersecurity risk management, reporting to CIO connected to Executive Committee
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Medtronic FY2025 Key Financial Metrics
XBRL

Revenue

$33.5B

+3.6% YoY

Net Income

$4.7B

+26.8% YoY

Operating Margin

17.8%

+186bp YoY

Net Margin

13.9%

+254bp YoY

ROE

9.7%

+239bp YoY

Total Assets

$91.7B

+1.9% YoY

EPS (Diluted)

$3.61

+30.8% YoY

Operating Cash Flow

$7.0B

+3.8% YoY

Source: XBRL data from Medtronic FY2025 10-K filing on SEC EDGAR. All figures in USD.

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