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 | 34,000 |
| 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 | $220.2K |
| 2016 | $327.6K |
| 2017 | $326.5K |
| 2018 | $348.3K |
| 2019 | $339.5K |
| 2020 | $321.3K |
| 2021 | $334.6K |
| 2022 | $931.9K |
| 2023 | $328.7K |
| 2024 | $924.7K |
| 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 | $148.2K |
| 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%
- 202395,000+179.4%
- 202234,000-62.2%
- 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.
Frequently asked questions
Medtronic (MDT) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation