Latest headcount
1,200
YoY change
-98.7%
Headcount CAGR
-32.6%
Revenue / employee
$30.3M
Employee count history for Medtronic
| Fiscal year | Employees |
|---|---|
| 2015 | 92,000 |
| 2016 | 88,000 |
| 2017 | 91,000 |
| 2018 | 86,000 |
| 2019 | 90,000 |
| 2020 | 90,000 |
| 2021 | 90,000 |
| 2022 | 95,000 |
| 2023 | 95,000 |
| 2024 | 35,000 |
| 2025 | 95,000 |
| 2026 | 1,200 |
Revenue per employee for Medtronic
Annual revenue divided by reported headcount, normalized to US dollars.
| Fiscal year | Revenue per employee (USD) |
|---|---|
| 2015 | $220K |
| 2016 | $328K |
| 2017 | $326K |
| 2018 | $348K |
| 2019 | $340K |
| 2020 | $321K |
| 2021 | $335K |
| 2022 | $334K |
| 2023 | $329K |
| 2024 | $925K |
| 2025 | $353K |
| 2026 | $30.3M |
Earnings per employee for Medtronic
Annual net income divided by reported headcount, normalized to US dollars; years with a net loss dip below zero.
| Fiscal year | Earnings per employee (USD) |
|---|---|
| 2015 | $29.1K |
| 2016 | $40.2K |
| 2017 | $44.3K |
| 2018 | $36.1K |
| 2019 | $51.5K |
| 2020 | $53.2K |
| 2021 | $40.1K |
| 2022 | $53K |
| 2023 | $39.6K |
| 2024 | $105K |
| 2025 | $49.1K |
| 2026 | $4M |
Employee count history for Medtronic (MDT)
Annual figures come from annual reports (10-K, or 20-F/40-F for foreign filers); interim rows reflect headcount disclosed in periodic filings. Year-over-year change compares each filing with the prior year's equivalent. Revenue and earnings per employee are annual figures normalized to US dollars.
- 20261,200-98.7%
- 202595,000+171.4%
- 202435,000-63.2%
- 202395,0000.0%
- 202295,000+5.6%
- 202190,0000.0%
- 202090,0000.0%
- 201990,000+4.7%
- 201886,000-5.5%
- 201791,000+3.4%
- 201688,000-4.3%
- 201592,000—
About Medtronic's employee count
Medtronic (MDT) employed 1,200 people in fiscal year 2026, based on its most recent annual report. That headcount shrank by -93,800 (-98.7%) from 95,000 a year earlier.
Across the 2015–2026 period, the company's reported workforce went from 92,000 to 1,200 employees — a compound annual growth rate (CAGR) of -32.6% per year.
Medtronic generated about $30.3M of revenue and $4M of net income per employee in its latest annual period. Revenue and earnings per employee gauge how efficiently a company turns headcount into output, and are most telling when tracked over time or compared with peers in the same industry.
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How this company returns cash to shareholders — buybacks, dividends, and stock splits.