MiniMed Group $MMED Read from its own SEC filings · nothing written, nothing inferred
🫧 Edgar looked up MiniMed Group, Inc. ($MMED). Last filing: 10-Q, 2026-09-08. 9 event filings (8-K) in the past twelve months.
🔖 Exposure: revenue $3.1B (FY2026). Experience: revenue up 14.3% on the year, up 12.1% a year over 2 years; operating margin -6.1%, down from -5.4%. Soundness: equity 78.0% of assets, return on equity -9.2%. Credibility: 3 audited years, moderate weight. Range: 80% of past cases like this landed between $2.8B and $4.1B next year (method v3, set from 4,599 SEC company-years; on a year the method never saw, 83% landed inside). A statistical range, not company guidance. Against peers (60 filers, $50M+ revenue, surgical & medical instruments & apparatus): operating margin -6.1% against a 1.2% median; growth 14.3% against 11.6%.
Speed and cash · fiscal 2025
Both views must agree for a label · a description, not advice.
| Cash flow (op · inv · fin · free) | −$197M · −$233M · $716M · −$420M |
| Investment book (cash · short · long) | $298M · — · — · current ratio 1.92 |
| Revenue swing · equity of assets | 2.7% · 79.7% |
MiniMed Group is growing faster than its size class, with steadier revenue. Its own audited SEC figures.
The figures, as filed
| Fiscal year end | 2026-04-24 |
| Revenue | $3.1B |
| Revenue, on the year | 14.3% |
| Revenue, a year over the record | 12.1% |
| Operating margin | −6.1% |
| Operating margin, prior year | −5.4% |
| Net margin | −10.7% |
| Research and development | $448M · 14.4% of revenue |
| Total debt | — |
| Equity of assets | 78.0% |
| Return on equity | −9.2% |
| Payout of profit | — |
| Dividend per share | — |
| Earnings per share | $-1.3 |
| Book value per share | $14.07 |
| Revenue per share | $12.09 |
| Shares outstanding | 256,600,000 |
| Audited years read | 3 |
Peers: the median of 60 filers with $50M+ revenue in surgical & medical instruments & apparatus.
Health HarborMiniMed Group sails as: Sound ship
Health watch · 12 monthsDirector or officer change ×5
Sailing speed follows growth: 14.2% a year crosses the harbor in 37 seconds.
🌊 Visit the Bay →- operating cash flow was negative
Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.
- 10-Q · 2026-09-08
- 8-K · 2026-09-01 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits
- DEF 14A · 2026-08-21
- 8-K · 2026-08-05 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits
- 10-K · 2026-06-29
- 8-K · 2026-06-29 · 5.02 Departure or Election of Directors; Appointment of Officers; 5.08 Shareholder Nominations Pursuant to Rule 14a-11; 8.01 Other Events; 9.01 Financial Statements and Exhibits
Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company