MiniMed Group
Builds integrated insulin-delivery and glucose-monitoring systems for diabetes care.
Something off on this page? Send us feedback.
Profile
Generates product revenue from connected diabetes-management systems—pumps, continuous glucose monitors, consumables, smart pens, software, and care services—with recurring supply use tied to its installed base. Runs a single operating segment under Medtronic’s controlling ownership.
Develops and sells integrated diabetes-management systems for people with diabetes who use insulin. The portfolio brings together insulin pumps, continuous glucose monitors, infusion sets and reservoirs, smart insulin pens, dosing algorithms, apps, and digital-care services. Revenue comes from reusable hardware and recurring sensors, supplies, software, and services sold to individuals, distributors, health-care providers, and institutions.
Serves pump users across an international footprint, with much of sales generated outside the United States and manufacturing in California and Puerto Rico. Its automated insulin-delivery systems combine a pump, compatible sensor, infusion set, reservoir, and dosing algorithm, while CareLink connects therapy data with patients, caregivers, and clinicians. Execution depends on safety and quality controls, reimbursement and distribution access, sole-source suppliers, Abbott’s sensor partnership, and transitional services from Medtronic, which retains voting control.
Company facts
Key statistics
Year to date +8.6% · Average volume (30d) 1.2M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| Jul 28, 2026 | UBS | Initiate | Buy | $25 |
| Jun 4, 2026 | Piper Sandler | Target | $16 | |
| Jun 4, 2026 | Wells Fargo | Target | $22 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jun 3, 2026Q4 FY25 | −$0.15 | −$0.68 | −356.2% | $828.6M | $837.0M | +1.0% | −1.40% |
| Apr 17, 2026Q3 FY25 | $0.17 | −$0.10 | −155.8% | $789.5M | $790.0M | +0.1% | −4.36% |
Financial highlights
| 3 quarters | — | — | — | Q4 FY24 | Q3 FY25 | Q4 FY25 | |
|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | $724.0M | $790.0M | $837.0M | |
| Gross profit | — | — | — | $402.0M | $362.0M | $480.0M | |
| Operating income | — | — | — | −$204.0M | −$93.0M | $82.0M | |
| Net income | — | — | — | −$209.0M | −$119.0M | −$183.0M | |
| Diluted EPS | — | — | — | $0.00 | −$0.42 | −$0.68 | |
| Gross margin | — | — | — | 55.5% | 45.8% | 57.3% | |
| Operating margin | — | — | — | -28.2% | -11.8% | 9.8% |
Revenue by product · FY25
Revenue by geography · FY25
Balance sheet, Apr 24, 2026Cash & short-term investments $298.0M · Total debt $145.0M · Total assets $4.63B · Shareholders' equity $3.61B
Dividends
No dividends on record.
Ownership
Shares outstanding 280.84M · Float 27.48M · 9.8% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Massachusetts Financial Services Co /MA/ | 8.33M | 2.97% | 13F | Aug 3, 2026 |
| Millennium Management LLC | 3.06M | 1.09% | 13F | Aug 14, 2026 |
| Citadel Advisors LLC | 2.87M | 1.02% | 13F | Aug 14, 2026 |
| Longaeva Partners L.P. | 2.81M | 1.00% | 13F | Aug 14, 2026 |
| Sessa Capital Im, L.P. | 2.00M | 0.71% | 13F | Aug 14, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Dexcom
CGM choice competing for recurring sensor revenue.
- Insulet
Tubeless AID alternative to 780G and Flex.
- Tandem Diabetes Care
Tubed and compact AID alternatives with Control-IQ+.
- Beta Bionics
Algorithm-led iLet AID alternative for intensive insulin users.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| MiniMed Group | $19.60 | −2.39% | $5.64B | — | 31.7 | 2.4 | — |
| Dexcom | $90.77 | −0.06% | $34.27B | 35.9 | 32.4 | 6.9 | +13.1% |
| Insulet | $145.31 | +0.11% | $10.05B | 27.1 | 21.0 | 3.3 | +23.5% |
| Tandem Diabetes Care | $21.16 | −1.26% | $1.47B | — | — | 1.4 | +5.8% |
| Beta Bionics | $20.11 | +2.08% | $887.2M | — | — | 7.5 | +37.8% |
| Median | 31.5 | 26.7 | 5.1 | +18.3% |







