Medtronic (MDT) Current Taxes (2014 - 2026)
Medtronic recorded quarterly Current Taxes of $650.0 million in Q1 2026, little changed quarter-over-quarter from $650.0 million in Q4 2025, and down 42.22% year-over-year from $1.1 billion in Q1 2025.
Medtronic's Current Taxes history runs 13 years deep, the most recent figure standing at $650.0 million for Q1 2026.
- In Q1 2026, Current Taxes fell 42.22% year-over-year to $650.0 million; the TTM figure through Jan 2026 stood at $650.0 million (down 42.22% YoY), while the FY2025 annual figure was $1.4 billion, up 2.11% from the prior year.
- Current Taxes came in at $650.0 million for Q1 2026 at Medtronic, roughly flat from $650.0 million in the prior quarter.
- In the past five years, Current Taxes ranged from a high of $1.4 billion in Q2 2025 to a low of $383.0 million in Q1 2022.
- A 5-year average of $885.3 million and a median of $933.0 million in 2025 frame the typical range for Current Taxes.
- Across the five-year window, Current Taxes surged 84.52% in 2023 and plunged 42.22% in 2026, its largest moves.
- Medtronic's Current Taxes stood at $651.0 million in 2022, then jumped by 67.13% to $1.1 billion in 2023, then slipped by 12.96% to $947.0 million in 2024, then plunged by 31.36% to $650.0 million in 2025, then changed by 0.0% to $650.0 million in 2026.
- According to Business Quant data, Current Taxes over the past three periods registered $650.0 million, $650.0 million, and $933.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 598.00 Mn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 476.00 Mn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 650.00 Mn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | - |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | - |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 231.81 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | - |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 28.60 Mn |
| 10 | Zimmer Biomet Holdings | 16.17 Bn | 15.75 Bn | 1.51 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 23, 2026 | 650.00 Mn |
| Oct 24, 2025 | 650.00 Mn |
| Jul 25, 2025 | 933.00 Mn |
| Apr 25, 2025 | 1.36 Bn |
| Jan 24, 2025 | 1.13 Bn |
| Oct 25, 2024 | 947.00 Mn |
| Jul 26, 2024 | 1.06 Bn |
| Apr 26, 2024 | 1.33 Bn |
| Jan 26, 2024 | 1.11 Bn |
| Oct 27, 2023 | 1.09 Bn |
| Jul 28, 2023 | 1.01 Bn |
| Apr 28, 2023 | 840.00 Mn |
| Jan 27, 2023 | 657.00 Mn |
| Oct 28, 2022 | 651.00 Mn |
| Jul 29, 2022 | 549.00 Mn |
| Apr 29, 2022 | 704.00 Mn |
| Jan 28, 2022 | 383.00 Mn |
| Oct 29, 2021 | 467.00 Mn |
| Jul 30, 2021 | 341.00 Mn |
| Apr 30, 2021 | 435.00 Mn |
| Jan 29, 2021 | 403.00 Mn |
| Oct 30, 2020 | 406.00 Mn |
| Jul 31, 2020 | 390.00 Mn |
| Apr 24, 2020 | 502.00 Mn |
| Jan 24, 2020 | 457.00 Mn |
| Oct 25, 2019 | 442.00 Mn |
| Jul 26, 2019 | 500.00 Mn |
| Apr 26, 2019 | 567.00 Mn |
| Jan 25, 2019 | 648.00 Mn |
| Oct 26, 2018 | 536.00 Mn |
| Jul 27, 2018 | 784.00 Mn |
| Apr 27, 2018 | 979.00 Mn |
| Jan 26, 2018 | 925.00 Mn |
| Oct 27, 2017 | 872.00 Mn |
| Jul 28, 2017 | 717.00 Mn |
| Apr 28, 2017 | 633.00 Mn |
| Jan 27, 2017 | 821.00 Mn |
| Apr 29, 2016 | 566.00 Mn |
| Jan 29, 2016 | 454.00 Mn |
| Oct 30, 2015 | 533.00 Mn |
| Jul 31, 2015 | 477.00 Mn |
| Apr 24, 2015 | 935.00 Mn |
| Apr 25, 2014 | 164.00 Mn |