Earnings in 3d
MMED · NASDAQ · Medical - Equipment & Services

MiniMed Group

Builds integrated insulin-delivery and glucose-monitoring systems for diabetes care.

$19.60
After-hours close−0.48 (−2.39%)
At close$20.08(+2.92%)
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Profile

MiniMed Group, Inc. Common StockMMEDHealth Care

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

CEOQue Dallara
ListedMar 6, 2026
ExchangeNASDAQ
HeadquartersNorthridge, CA
CountryUnited States
Employees8,000
CIK0002062583
ISINUS60365F1093

Key statistics

Market cap$5.64B
EPS (ttm)−$1.91
P/E (ttm)−10.55
ROE-14.4%
P/B1.49
P/S2.40
Dividend yield
Beta0.88vs XLV 0.93

Year to date +8.6% · Average volume (30d) 1.2M

Analysts

Price target, next 12 months$22.00+9.5%Median of 2 analysts · vs the Aug 28 close
ConsensusBuy2 of 2 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionRatingTarget
Jul 28, 2026UBSInitiateBuy$25
Jun 4, 2026Piper SandlerTarget$16
Jun 4, 2026Wells FargoTarget$22

Earnings

EPS

Estimate$0.09
ReportedDue Sep 1, 2026

Revenue

Estimate$826.8M
ReportedDue Sep 1, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext 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%
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Financial highlights

3 quartersQ4 FY24Q3 FY25Q4 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 margin55.5%45.8%57.3%
Operating margin-28.2%-11.8%9.8%

Revenue by product · FY25

Consumables$956.0M · 62%
Pumps$546.0M · 35%
Product And Service, Other$46.0M · 3%

Revenue by geography · FY25

Non-US$2.19B · 70%
United States$917.0M · 30%

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

Institutions 13.35%Insiders

Shares outstanding 280.84M · Float 27.48M · 9.8% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Massachusetts Financial Services Co /MA/8.33M2.97%13FAug 3, 2026
Millennium Management LLC3.06M1.09%13FAug 14, 2026
Citadel Advisors LLC2.87M1.02%13FAug 14, 2026
Longaeva Partners L.P.2.81M1.00%13FAug 14, 2026
Sessa Capital Im, L.P.2.00M0.71%13FAug 14, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Peers

  • 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

CompanyPriceChange
MiniMed Group$19.60−2.39%$5.64B31.72.4
Dexcom$90.77−0.06%$34.27B35.932.46.9+13.1%
Insulet$145.31+0.11%$10.05B27.121.03.3+23.5%
Tandem Diabetes Care$21.16−1.26%$1.47B1.4+5.8%
Beta Bionics$20.11+2.08%$887.2M7.5+37.8%
Median31.526.75.1+18.3%