CLAIM #40806 · Medtronic PLC (MDT) · 2026Q3 earnings call · Feb 17, 2026 · due Oct 31, 2026
“We also have line of sight to a higher level of growth from the contribution of Onex's expanded indication.”
Thierry Pieton · CFO
How to check this claim
Look at: Neurovascular segment revenue growth rate (as reported), specifically improvement attributable to Onyx expanded indication contribution
It came true if: Neurovascular segment year-over-year growth rate in a subsequent quarter exceeds the growth rate reported in Q3 FY2026
Where: Medtronic quarterly earnings release / 10-Q segment revenue disclosure and management commentary on earnings calls
In context
“th in the fourth quarter. Cranial and Spinal Technologies continues to be a powerful engine for Medtronic. This large business delivered mid-single-digit growth, including 8% growth from strong pull-through in core spine. We're excited to offer customers our new navigation and robotics platform, Stealth AXiS, which Geoff just mentioned. With FDA clearance achieved, we expect to see Stealth AXiS contribute Neurosurgery and CST overall as soon as the fourth quarter. Specialty Therapies delivered flat results in the third quarter. This is an area where we expect improved performance in the coming quarters given the series of new product developments. Neurovascular has been challenged over the last quarters due to China VBP and to the recall of Vantage, both of which are now mostly behind us. We also have line of sight to a higher level of growth from the contribution of Onex's expanded indication. The NeuroGuard carotid stent launch will also contribute as it's being commercialized by both our Neurovascular and Peripheral Vascular businesses. In Pelvic Health, we saw a slightly softer sacral nerve stimulation market environment, but look forward to seeing the increased contribution from Altaviva. In Neuromodulation, we grew 4%, driven by the continued rollout of our differentiated, fully closed-loop technologies, in septive SCS and brain sends ADS. Next, our Med Search portfolio grew 3% ahead of expectations. First, endoscopy and ACM had strong quarters. Endoscopy revenue grew 10%, led by mid-teens growth in our esophageal portfolio, driven by Next Powder and strong market adoption of Endoflip 300. Acute care and monitoring saw a 7% growth, led by strength in blood oxygen managemen”
Verify independently
SEC filings for MDT ↗ · Claim quote is verbatim from the 2026Q3 earnings call.