
MiniMed hits record $3.1B in fiscal 2026 sales, issues strong outlook
MiniMed (NASDAQ:MMED) reported a 15.6% increase in fourth-quarter net sales to $837 million, closing out a record-setting fiscal year 2026 driven by strong international adoption and rising attachment rates for its continuous glucose monitoring (CGM) technologies.
On an organic basis, fourth-quarter sales grew 8.7% compared to the same period last year, demonstrating resilient underlying demand for automated insulin delivery systems.
For the full fiscal year 2026, the company's total net sales climbed 14.2% to a record $3.102 billion, up from the prior year's totals.
Full-year organic revenue grew 8%.
The record performance was heavily anchored by accelerating commercial footprint expansion in international markets and an increasing proportion of insulin pump users opting to bundle their devices with integrated CGM sensors, which provides a predictable stream of recurring consumables revenue.
Looking ahead to fiscal year 2027, MiniMed issued an optimistic financial forecast, projecting organic revenue growth of approximately 10%.
This forward-looking top-line target includes a 1% to 1.5% operational tailwind attributed to an extra calendar week in the upcoming fiscal period.
Furthermore, management expects to sustain operational efficiency and capture manufacturing scale, forecasting an adjusted EBITDA margin of approximately 16% for the full year.