CLAIM #40703 · Medtronic PLC (MDT) · 2026Q1 earnings call · Aug 19, 2025 · due Apr 24, 2026
“Now in Surgical, we have the U.S. launch for Hugo in the back half of the fiscal year, which we expect to be accretive to growth.”
Geoff Martha · CEO
In context
“eration in the back half of the fiscal year. First, we expect our Pelvic Health business to be a key driver for this segment in fiscal '26 and beyond. Importantly, ahead of our tibial launch this fall, we took the opportunity to make some significant changes to our commercial organization in Pelvic Health in Q1. Now while this had some short-term impact in the quarter as we expected, it sets us up. It sets us up to capitalize on the large opportunity ahead as we anticipate accelerating growth from this business as we go through the year. In Neurovascular, we expect growth to accelerate each quarter as we go through the remainder of the fiscal year and as we lap China VBP and product recall comps. And we also have some new products ramping in carotid stenting and our hemorrhagic portfolio. Now in Surgical, we have the U.S. launch for Hugo in the back half of the fiscal year, which we expect to be accretive to growth. And in Diabetes, we expect performance to accelerate as we launch 2 new sensors, Simplera Sync this fall and the Abbott-based sensor, which we're calling Instinct in the coming months. Simplera is half the size of our current sensor. It's disposable and it's much easier to put on with no overtape. And with Instinct, our customers will get access to Abbott's most advanced CGM platform. And when you combine these improved sensors with our MiniMed 780G and its exclusive meal detection technology, we expect to see a positive inflection in our installed base and revenue growth. As for the separation of our Diabetes business, MiniMed we're calling it, it is proceeding according to plan. MiniMed is entering a strong innovation cycle in its own right. The separation will sharpen Medtronic's focus”
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SEC filings for MDT ↗ · Claim quote is verbatim from the 2026Q1 earnings call.