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CLAIM #40793 · Medtronic PLC (MDT) · 2026Q2 earnings call · Nov 18, 2025 · due Jul 31, 2027

We reiterate the incremental $1 billion coming shortly probably in the beginning of in the '27. Fiscal year '27 for us.

Thierry Pieton · CFO

PENDING
graded after results covering Jul 31, 2027 are reported

How to check this claim

Look at: Incremental CAS-related revenue contribution, as disclosed by the company relative to prior baseline

It came true if: Company-disclosed incremental revenue attributable to CAS >= $1 billion, recognized/reported by fiscal year 2027

Where: Company earnings release / management commentary on quarterly and annual calls (FY2027)

In context

n provide the right amount of focus on these generational enterprise growth drivers like PFA, like Ardian, like Altaviva. And Hugo when it comes to The U.S. and others. And so it remains a focus and it remains a focus of, like, one of the board committees that we set up, and we're meeting frequently on this and at it. And that's what I'll say there. And I'll have Thierry answer. Thierry Pieton: Overall, you know, if you think about the guidance that we just gave, five and a half on the full year, we were at 5.2 at the end of the first half. We're guiding at 5.5 in the third quarter. You can do the math for what fourth quarter looks like. And, you know, we don't wanna slow down from there. And look, what I would say is, you know, it's pretty clear that CAS represents a sizable opportunity. We reiterate the incremental $1 billion coming shortly probably in the beginning of in the '27. Fiscal year '27 for us. And Ardian, you know, we have all these discussions about the speed. It's I think it's important to keep in mind that, you know, 11% of market share that population is, you know, sort of almost $3 billion of revenue for us. So it's a pretty significant opportunity. And we talked about the size of the Altaviva opportunity as well. It's 20 million patients overall. So those come in increment to the rest of the business, and the rest of the business is not standing still. So specialty therapies is getting better. You saw a first sign in this quarter, and it's gonna keep going with the product activity that we've got in neurovascular with Altaviva and pelvic. And the key franchises, look, CRM had a great quarter. It's gonna continue to perform for the rest of the year and beyond. We're invest

Verify independently

SEC filings for MDT · Claim quote is verbatim from the 2026Q2 earnings call.