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Wednesday, May 13, 2026 · Champlin

Fridley’s Medtronic Surges on Cardiac Tech, Beats Revenue Expectations

Medtronic plc, the Fridley-based medical device powerhouse, reported 5.5% organic revenue growth to $8.81 billion in its fiscal second quarter of 2026, propelled by a 9.3% leap in cardiovascular sales. The standout performer: a cardiac ablation business that rocketed 71% year-over-year, fueled by innovations like the Affera pulsed field ablation system. Minnesota's economic engine hums as the company cements its lead in heart tech.

Wednesday, May 13, 2026
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