Medtronic (MDT): FY26 Q2 earnings call, Nov 18, 2025

Tue, Nov 18Earnings callSpeaker-labelled transcriptMedtronic

No Kalshi or Polymarket word markets were listed for Medtronic’s Nov 18, 2025 earnings call (FY26 Q2). The transcript is searchable below (quotes of at most 25 words).

Updated

Transcript

quotes of at most 25 words

Speaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.

18 matches for “Tariff”; 5 quoted, at least 25 words apart.

Thierry Pietoncompanyprepared

…as we scale our Cast business and separate the diabetes business. Next, tariffs were a 20 basis points headwind, and finally, FX was about a…

Thierry Pietoncompanyprepared

…we expect our fiscal 2026 gross margin to be slightly up ex tariffs, with pricing, FX, and COGS efficiency programs more than offsetting the negative…

Thierry Pietoncompanyprepared

…fiscal 2026 adjusted operating profit to grow approximately 5% or 7% excluding tariffs. Our fiscal 2026 operating margin is expected to be roughly flat ex…

Thierry Pietoncompanyprepared

…points in Q3 as the quarter includes half the annual impact of tariffs. In addition, the expected growth acceleration in CAS and diabetes will continue…

Thierry Pietoncompanyqa

…SG&A together, so we'll start seeing a lift there. And so ex tariffs, we'll have gross margin and operating margin leverage in the second half.…

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