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Medtronic — Aug 18, 2025 release

Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001613103-25-000141
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Showing in the filing
FY26 diluted non-GAAP EPS
“$5.60 to $5.66”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 4
FY26 organic revenue growth for FY2026
“approximately 5%”
FY26 revenue growth on a reported basis (inc… for FY2026
“6.5% to 6.8%”
FY26 underlying diluted non-GAAP EPS growth … for FY2026
“approximately 4.5%”
FY26 diluted non-GAAP EPS for FY2026
“$5.60 to $5.66”
Exhibit 99.1 · the passage around this item
… earlier in the release
Including the reduced potential impact from tariffs of approximately 3 $185 million versus the prior range of approximately $200 million to $350 million, Medtronic is raising its FY26 diluted non-GAAP EPS guidance to the new range of $5.60 to $5.66 versus the prior range of $5.50 to $5.60. “As a result of our Q1 EPS outperformance and improved tariff impact assumption, we are raising our full year EPS guidance,” said Thierry Piéton, Medtronic chief financial officer. “Our confidence continues to increase as we advance our revenue growth drivers and execute on efficiencies in manufacturing, supply chain, and operating expenses to drive earnings growth, and increase our growth investments in R&D, sales, and marketing, all with a deliberate focus on creating long-term shareholder value.” Video Webcast Information Medtronic will host a video webcast today, August 19, at 8:00 a.m. EDT (7:00 a.m. CDT) to provide information about its business for the public, investors, analysts, and news media. This webcast can be accessed by clicking on the Quarterly Earnings icon at investorrelations.medtronic.com, and this earnings release will be archived at news.medtronic.com. Within 24 hours of the webcast, a replay of the webcast and transcript of the company’s prepared remarks will be available by clicking on the Past Events and Presentations link under the News & Events drop-down at investorrelations.medtronic.com. Financial Schedules The
later in the release …
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other guidance in this release
Text is the filed exhibit, verbatim.