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CLAIM #40827 · Medtronic PLC (MDT) · 2026Q3 earnings call · Feb 17, 2026 · due Oct 31, 2026

And then Neurovascular is going to kick up as well.

Geoff Martha · CEO

PENDING
graded after results covering Oct 31, 2026 are reported

How to check this claim

Look at: Neurovascular segment revenue growth rate (organic, year-over-year), as reported by Medtronic

It came true if: Neurovascular organic revenue growth accelerates versus the growth rate reported in the quarter prior to this claim (Q2 FY26)

Where: Medtronic quarterly earnings release / segment revenue disclosure (10-Q or earnings call slides)

In context

-- we think that growth is going to continue and become a larger part of the company, obviously. We're well positioned there. And then we -- our other big growth drivers, particularly Simplicity for hypertension and Altaviva for overactive bladder, we see them beginning to kick in here even in Q4. And then you've got a number of other businesses here that are going to start growing faster than they have been here recently. One is CST with the Stealth AXiS. I'm sure we'll get some questions on that. But I do think this is kind of underappreciated, quite frankly, by the Street. This is not just a new robot. It's not just an extension of [indiscernible], it's a whole new platform that has a lot of benefits to it, and I think that's going to create growth for the short and long term for CST. And then Neurovascular is going to kick up as well. Neurovascular has got a number of new products like the Onyx indication for MMAE as well as our carotid stenting product NeuroGuard. And then it's anniversaries, BBP and a few other things. So you're going to see a kickup in neurovascular as well. So I think we feel good about the growth continuing here out not just in Q4, but into FY '27. Thierry Pieton: Yes. And on the EPS side, so as I mentioned in the comments, the algorithm is clear, right? So we have the accelerated growth. The things are getting better at the gross margin level, in particular, in the second half, as we'll see the mix effect from CAS getting better and the separation of Diabetes. We'll continue to drive the leverage on the functional areas, in particular, in G&A. And we'll then continue to invest in R&D and in M&A.

Verify independently

SEC filings for MDT · Claim quote is verbatim from the 2026Q3 earnings call.