Microsoft Excel LibreOffice Calc

Medtronic PLC (NYSE:MDT)

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Income Statement
Quarterly Data

Beginner level

The income statement presents information on the financial results of a company’s business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Medtronic PLC, consolidated income statement (quarterly data)

US$ in millions

Microsoft Excel LibreOffice Calc
3 months ended Jan 24, 2020 Oct 25, 2019 Jul 26, 2019 Apr 26, 2019 Jan 25, 2019 Oct 26, 2018 Jul 27, 2018 Apr 27, 2018 Jan 26, 2018 Oct 27, 2017 Jul 28, 2017 Apr 28, 2017 Jan 27, 2017 Oct 28, 2016 Jul 29, 2016 Apr 29, 2016 Jan 29, 2016 Oct 30, 2015 Jul 31, 2015 Apr 24, 2015 Jan 23, 2015 Oct 24, 2014 Jul 25, 2014 Apr 25, 2014 Jan 24, 2014 Oct 25, 2013 Jul 26, 2013
Net sales
Cost of products sold
Gross profit
Research and development expense
Selling, general, and administrative expense
Amortization of intangible assets
Restructuring (charges) credits, net
Acquisition-related items
Certain litigation charges
Divestiture-related items
Gain on sale of businesses
Special gain (charge)
Other operating income (expense), net
Operating profit
Other non-operating income (expense), net
Interest expense
Income before income taxes
Income tax (provision) benefit
Net income (loss)
Net (income) loss attributable to noncontrolling interests
Net income (loss) attributable to Medtronic

Based on: 10-Q (filing date: 2020-02-28), 10-Q (filing date: 2019-12-03), 10-Q (filing date: 2019-08-30), 10-K (filing date: 2019-06-21), 10-Q (filing date: 2019-03-01), 10-Q (filing date: 2018-11-29), 10-Q (filing date: 2018-08-31), 10-K (filing date: 2018-06-22), 10-Q (filing date: 2018-03-02), 10-Q (filing date: 2017-12-04), 10-Q (filing date: 2017-09-01), 10-K (filing date: 2017-06-27), 10-Q (filing date: 2017-03-03), 10-Q (filing date: 2016-12-05), 10-Q (filing date: 2016-09-07), 10-K (filing date: 2016-06-28), 10-Q (filing date: 2016-03-09), 10-Q (filing date: 2015-12-09), 10-Q (filing date: 2015-09-09), 10-K (filing date: 2015-06-23), 10-Q (filing date: 2015-02-27), 10-Q (filing date: 2014-11-26), 10-Q (filing date: 2014-08-29), 10-K (filing date: 2014-06-20), 10-Q (filing date: 2014-03-03), 10-Q (filing date: 2013-12-03), 10-Q (filing date: 2013-09-04).

Income statement item Description The company
Net sales Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Medtronic PLC’s net sales increased from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.
Operating profit The net result for the period of deducting operating expenses from operating revenues. Medtronic PLC’s operating profit decreased from Q1 2020 to Q2 2020 but then increased from Q2 2020 to Q3 2020 exceeding Q1 2020 level.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Medtronic PLC’s income before income taxes increased from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.
Net income (loss) attributable to Medtronic The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Medtronic PLC’s net income (loss) attributable to Medtronic increased from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.