MDT Earnings History
Medtronic plc (MDT) operates in the Healthcare sector, specifically the Medical - Devices industry, with a market capitalization near $97.84B, listed on NYSE, employing roughly 95,000 people, carrying a beta of 0.63 to the broader market. Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. Led by Geoffrey Straub Martha, public since 1973-05-02.
Medtronic plc has beat EPS estimates in 5 of the last 6 quarters.
| Date | EPS Est. | EPS Actual | Surprise | Revenue Est. | Revenue Actual |
|---|---|---|---|---|---|
| Jun 3, 2026 | 1.58 | N/A | N/A | $9.63B | N/A |
| Feb 17, 2026 | 1.34 | 1.36 | N/A | $8.91B | $9.02B |
| Nov 18, 2025 | 1.31 | 1.36 | N/A | $8.87B | $8.96B |
| Aug 19, 2025 | 1.23 | 1.26 | N/A | $8.38B | $8.58B |
| May 21, 2025 | 1.58 | 1.62 | N/A | $8.82B | $8.93B |
| Feb 18, 2025 | 1.36 | 1.39 | N/A | $8.33B | $8.29B |
What MDT's Earnings History Tells Options Traders
Medtronic plc has a strong beat history (5 beats in 6 reports). Consistent beat-rate patterns typically inflate pre-event implied volatility and produce a sharp IV-crush after the print, conditions that favor pre-earnings short-vol structures when IV rank is elevated. Beat rate is one input to event-driven sizing; pair it with the implied-vs-realized volatility view, the current IV rank, and the put-call skew going into the print. Surprise magnitude matters as much as direction - an in-line beat with conservative guidance can produce a larger negative move than a missed quarter with raised forward guidance. The earnings table above shows the most recent six reported quarters; for the full multi-year history including revenue growth trajectory and EPS guidance trends, the per-ticker fundamentals view aggregates the underlying GAAP filings.
How Earnings Drive MDT Options Pricing
Earnings events are the largest single driver of single-name implied volatility in equity options markets. Pre-event, IV inflates over the two-to-three week run-up as the binary uncertainty of the print compounds; the IV rank typically peaks the day before the announcement. Post-event, IV crushes back toward the realized-volatility baseline as uncertainty resolves. The magnitude of the crush depends on how stretched pre-event IV was relative to the eventual realized move - an oversized pre-event IV with an undersized realized move produces the cleanest premium-selling outcome, while a stretched IV that still under-prices a tail move on the print produces the cleanest long-vol outcome.
The catalyst calendar for MDT matters beyond the headline EPS surprise. Forward guidance revisions, capital-allocation changes (dividend hikes, buyback authorizations, M&A announcements), and segment-level performance discussions can drive larger post-event moves than the headline beat or miss. Pair the earnings beat-rate read above with the upcoming-event calendar and the IV-rank view to size pre-event and post-event positioning; for short-vol structures the goal is to be long premium-rich and to harvest the IV crush, while for long-vol structures the goal is to own gamma cheap into a regime where the realized move is likely to exceed the implied move.
Frequently asked MDT earnings questions
- How often does MDT beat earnings estimates?
- Medtronic plc (MDT) has beat consensus EPS estimates in 5 of the last 6 quarters. The table above shows estimate, actual, surprise percent, and revenue figures per quarter. Beat-rate matters less than the *pattern* of beats and misses: a name with a consistent beat history sees implied-vol expansion ahead of the print and a sharp IV crush after.
- What was MDT's last reported earnings?
- The most recent reported quarter is Jun 3, 2026. Revenue, EPS, and prior-quarter comparisons are in the table above. Subsequent estimates and analyst-revisions live on the analyst-ratings page.
- How do MDT earnings drive options pricing?
- Earnings events are the single largest driver of single-name implied volatility in equity options markets. Pre-event, IV inflates as the market prices the binary outcome (beat / miss / guidance change). Post-event, IV crushes as uncertainty resolves. The size of the crush is a function of how stretched pre-event IV was relative to the realized move: an oversized pre-event IV with an undersized move produces the cleanest premium-selling result. Pair MDT earnings history with the implied-vs-realized volatility view to size pre-event positioning.
- When does MDT report next?
- Next-quarter earnings dates are typically announced by the company 3-6 weeks ahead. Check the earnings-calendar page or company investor-relations site for the confirmed date. Pre-event IV typically begins building 2-3 weeks before the announcement and peaks the day before.