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MiniMed raises FY27 growth outlook on US expansion and pipeline progress

Sep 1, 2026, 6:49 AM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Strong top-line growth, raised organic growth guidance, and multiple regulatory milestones across key products create near-term upside; pipeline progress supports longer-term value.

AI summary

What happened, with direct paths to the underlying reporting

MiniMed posted a strong Q1 FY27 with $843M in net sales, rising 16.6% (15.8% organic), led by accelerated US growth and robust international gains. The company advanced its product pipeline, including FDA submission for MiniMed Fit and CE Mark for MiniMed Flex, while reaffirming a 16% EBITDA margin and lifting organic revenue growth guidance to about 10.5%. Near-term catalysts include US launches and regulatory milestones through 2027.

Q1 FY27 net sales $843M; up 16.6% reported, 15.8% organic.
U.S. net sales $240M; up 13.1% organic; U.S. NPS ~34,000 (+7.7%).
International net sales $603M; up 18.1% reported; 16.9% organic.
Pipeline milestones: FDA MiniMed Fit; CE Mark MiniMed Flex; IDE for next gen sensor.
FY27 organic revenue growth guidance raised to ~10.5%; EBITDA ~16%.

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