CLAIM #40828 · Medtronic PLC (MDT) · 2026Q3 earnings call · Feb 17, 2026 · due Apr 30, 2027
“So I think we feel good about the growth continuing here out not just in Q4, but into FY '27.”
Geoff Martha · CEO
How to check this claim
Look at: Company total revenue organic growth rate, quarterly (Q4 FY26) and full fiscal year FY27
It came true if: Q4 FY26 organic revenue growth > FY25 comparable growth rate reported, and FY27 full-year organic revenue growth rate positive and in line with or above previously guided range
Where: Company quarterly earnings release and 10-K/10-Q revenue disclosures (Q4 call and FY27 annual results)
In context
“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. So we're reiterating the high single-digit EPS growth guidance for '27. We do have a couple of meaningful puts and takes in the number next year. And as we're getting more visibility, we'll keep you posted on what the impacts are. But to name a few, so we'll have the carryover from the tariffs settlement going into next year. This year, we”
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SEC filings for MDT ↗ · Claim quote is verbatim from the 2026Q3 earnings call.