Login
Companies $MMED
$18.93 +$0.27 (1.45%) Close
MiniMed Group Inc logo

MiniMed Group Inc

What Do They Do?

Sells continuous glucose monitoring sensors and integrated insulin-delivery systems to people requiring intensive insulin therapy and the healthcare professionals who prescribe them.

How Do They Make Money?

Individuals, distributors, healthcare providers and institutions buy diabetes devices and related software; product sales are earned when goods ship or are delivered, while training and care services are earned as provided.

revenue
SegmentShareRevenue
Pumps
Mix

18%
Consumables
Sold outright

31%
CGM
Sold outright

50%
Other
Sold outright
1.5%

Who Are Their Customers?

In the United States, it sells primarily to patients directly and also through independent distributors; elsewhere, individuals, healthcare providers and other institutions buy through country-specific processes that can include tenders and government procurement.

Do Revenues Turn Into Profits?

No. It lost $333M in FY2026.

Operating income, FY2026
−6% of revenue
▲ +30% (Loss) vs FY2025 (−$146M, −5%)
Net income, FY2026
−11% of revenue
▲ +56% (Loss) vs FY2025 (−$213M, −8%)
Free cash flow, FY2026
−14% of revenue
▲ +692% (Loss) vs FY2025 (−$53M, −2%)

How Are They Changing?

Since the FY2026 annual report
Latest quarter: Q1 FY2027, the three months to Jul 31, 2026
Revenue
▲ +17%
vs $723M in Q1 FY2026
Net income
▲ Now profitable
vs −$19M in Q1 FY2026
  • Sep 1, 2026 Raised organic revenue growth guidance Raised the outlook to approximately 10.5% from approximately 10%, including approximately 1.0 to 1.5% from the extra week.
Revenue over time
Pumps Consumables CGM Other
$5B$2.5B$0

Who Do They Compete With?

Competes with Beta Bionics, Dexcom, Insulet, Sequel Med Tech, Tandem Diabetes Care, Ypsomed, and Medtrum

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support