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Medtronic Q3 FY26 Earnings Surge on Cardiac Ablation and Diabetes Growth

Medtronic Q3 FY26 Earnings Surge on Cardiac Ablation and Diabetes Growth

Published:
2026-02-17 15:38:03
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Medtronic plc (MDT) reported a robust third-quarter performance for fiscal 2026, with revenue climbing 8.7% to $9.0 billion. The growth was driven by exceptional demand in cardiac ablation solutions and diabetes care, underscoring the company's technological edge in medical devices.

The cardiac ablation division delivered an 80% revenue surge, powered by adoption of pulsed field ablation (PFA) technology. U.S. sales jumped 137%, while regulatory milestones like the CE Mark for Sphere-360 device position Medtronic for sustained dominance in arrhythmia treatment.

Diabetes revenue grew 8.3% internationally, reflecting strong uptake of Medtronic's monitoring systems. Operating profit reached $1.464 billion, demonstrating the company's ability to convert innovation into margin expansion.

|Square

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