MiniMed FY26 net loss widens to $317 million; net sales rise 14.2% to $3.1 billion

MiniMed Group, Inc.
Medtronic Plc

MiniMed Group, Inc.

MMED

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Medtronic Plc

MDT

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  • MiniMed posted a net loss of $317 million as net sales rose 14.2% to $3.1 billion in fiscal 2026.
  • Operating loss widened to $190 million; income tax provision increased to $128 million.
  • Gross profit increased 10% to $1.68 billion, while cost of products sold climbed 20% to $1.42 billion.
  • CGM net sales rose 18% to $1.55 billion, lifting the global CGM attachment rate by 7 percentage points to 66%.
  • MiniMed Flex won U.S. FDA clearance on March 18, 2026; the company recorded a one-time $157 million charge tied to future minimum royalties.


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