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MiniMed Group, Inc. by the numbers
MiniMed Group, Inc. (MMED) reported revenue of $843M in Q1 2027 (quarter ended Jul 31, 2026), up 17% from the same quarter a year earlier. That came with a gross margin of 55% and net income of $0. For the full year FY2026, revenue was $3.10B (+14% year on year) and net income −$333M. Its largest product in Q3 2026 (quarter ended Jan 23, 2026) was Continuous Glucose Monitoring Systems CGM at $390M, 49% of the disclosed total, ahead of Consumables at 31%.
| Income statement | Q1 2027 | Q1 2026 | Change |
|---|---|---|---|
| Revenue | $843M | $723M | +17% |
| Gross profit | $465M | $409M | +14% |
| Operating income | $5.0M | −$13M | to a profit |
| Net income | $0 | −$19M | to a profit |
| Diluted EPS | $0.00 | −$0.08 | to a profit |
| Product | Revenue | Share |
|---|---|---|
| Continuous Glucose Monitoring Systems CGM | $390M | 49% |
| Consumables | $244M | 31% |
| Pumps | $151M | 19% |
| Product And Service Other | $5.0M | 0.6% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q3 2026Total $790.0M (+15%)
Segment Latestquarter on quarteryear on year
- Continuous Glucose Monitoring Systems CGM$390.0M$390.0MQoQ +18%year on year +18%+18%+18%
- Consumables$244.0M$244.0MQoQ +15%year on year +15%+15%+15%
- Pumps$151.0M$151.0MQoQ +11%year on year +11%+11%+11%
- Product And Service Other$5.0M$5.0MQoQ -38%year on year -38%-38%-38%
Medical Instruments & Supplies
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