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CLAIM #40797 · Medtronic PLC (MDT) · 2026Q2 earnings call · Nov 18, 2025 · due Jan 24, 2026

And just for, you know, clarity, PFA will continue to go off the 71%. It'll accelerate into Q3 and beyond.

Thierry Pieton · CFO

CANNOT_DETERMINE
versus commitment · official band 5 percent
Committed
PFA will continue to go off the 71%. It'll accelerate into Q3 and beyond.
Reported
CAS grew 80% year-over-year, with PFA accounting for 80% of that revenue.

In context

e had a decent Q2 here growing high single digits on a global basis. We're executing particularly well and getting more than our fair share of that of that Boston exit. You know, as we move forward in PFA, you know, I think, you know, Q3, we may see a deceleration there. Thierry Pieton: Tougher. Geoffrey Martha: In TAVR. In TAVR. What did I say? PFA. PFA. I'm sorry. No. No. No. PFA, he's gonna keep going. I'm sorry. But in TAVR, a little bit of a deceleration in Q3, but then it'll pop back up in Q4. We've seen due to a phasing we've seen this in prior quarters as well. I don't know if you wanna add anything to that. Thierry Pieton: No. That's right. We saw the Q4, Q1 effect and, you know, Q2, Q3 looks kinda similar, a little bit slower in Q3, but with a pickup in the fourth quarter. Yeah. And just for, you know, clarity, PFA will continue to go off the 71%. It'll accelerate into Q3 and beyond. Ryan Weispenning: Thank you, Pito. Geoff, if you wanna go ahead with your closing remarks. Geoffrey Martha: Sure. Well, so for thank you for joining and all your thoughtful questions this morning. And like Ryan said, apologize to the analysts. We didn't get to, certainly appreciate your support and your interest in Medtronic. Please join us again for our Q3 earnings broadcast for more updates, and there'll be more, and our continued progress. And on the long-term strategies. And we expect to hold this on Tuesday, February 17. And for those of you in The U.S., I wish you and your families a very happy Thanksgiving next week. I can't believe Thanksgiving's next week. With that, enjoy the rest of your day. Thank you.

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