Medtronic Q1 2027 Revenue Surges 13.7% and Raises Fiscal Guidance

Medtronic reported $9.8 billion Q1 revenue and raised fiscal 2027 growth guidance amid strong portfolio performance.

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As of 2026-09-01 10:54 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.

Medtronic plc reported first quarter fiscal 2027 worldwide revenue of $9.8 billion, an increase of 13.7% as reported and 13.7% on an organic basis. ^[1] Medtronic's stock rose 4.8% in pre-market trading to $95 following the release of its first-quarter fiscal 2027 results, compared with a previous close of $90.65. ^[2] Medtronic raised its fiscal 2027 organic revenue growth guidance to a range of 7.25% to 7.75% and diluted non-GAAP EPS guidance to $5.94 to $6.00. ^[3] Medtronic reported GAAP diluted earnings per share of $1.14 and non-GAAP diluted earnings per share of $1.45 for the quarter. ^[4] The Cardiovascular portfolio revenue increased 18.9% organically, led by 15% growth in Cardiac Rhythm Management and 88% growth in Cardiac Ablation Solutions. ^[5]

What this stands on

Medtronic plc reported first quarter fiscal 2027 worldwide revenue of $9.8 billion, an increase of 13.7% as reported and 13.7% on an organic basis. · Cision PR Newswire

Medtronic's stock rose 4.8% in pre-market trading to $95 following the release of its first-quarter fiscal 2027 results, compared with a previous close of $90.65. ·

Investing.com

Medtronic raised its fiscal 2027 organic revenue growth guidance to a range of 7.25% to 7.75% and diluted non-GAAP EPS guidance to $5.94 to $6.00. · Cision PR Newswire

Medtronic reported GAAP diluted earnings per share of $1.14 and non-GAAP diluted earnings per share of $1.45 for the quarter. · Cision PR Newswire

The Cardiovascular portfolio revenue increased 18.9% organically, led by 15% growth in Cardiac Rhythm Management and 88% growth in Cardiac Ablation Solutions. · Cision PR Newswire

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