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Medtronic (MDT) Current Taxes (2016 - 2026)

Medtronic's Current Taxes history spans 13 years, with the latest figure at $650.0 million for Q1 2026.

  • For Q1 2026, Current Taxes fell 42.22% year-over-year to $650.0 million; the TTM value through Jan 2026 reached $650.0 million, down 42.22%, while the annual FY2025 figure was $1.4 billion, 2.11% up from the prior year.
  • Current Taxes for Q1 2026 was $650.0 million at Medtronic, roughly flat from $650.0 million in the prior quarter.
  • Across five years, Current Taxes topped out at $1.4 billion in Q2 2025 and bottomed at $383.0 million in Q1 2022.
  • The 5-year median for Current Taxes is $933.0 million (2025), against an average of $885.3 million.
  • The largest annual shift saw Current Taxes surged 84.52% in 2023 before it plummeted 42.22% in 2026.
  • A 5-year view of Current Taxes shows it stood at $651.0 million in 2022, then skyrocketed by 67.13% to $1.1 billion in 2023, then fell by 12.96% to $947.0 million in 2024, then plummeted by 31.36% to $650.0 million in 2025, then changed by 0.0% to $650.0 million in 2026.
  • Per Business Quant, the three most recent readings for MDT's Current Taxes are $650.0 million (Q1 2026), $650.0 million (Q4 2025), and $933.0 million (Q3 2025).