Medtronic MDT
NYSE MDT
$91.89 -0.50 (-0.54%)
As of: Sep 9, 2026 · 3:59 PM EDT

Medtronic (MDT) Current Taxes (2014 - 2026)

Medtronic's (MDT) quarterly Current Taxes came in at $1.1 billion in Q3 2026, up 13.18% year-over-year from $933.0 million in Q3 2025, and up 15.54% quarter-over-quarter from $914.0 million in Q2 2026.

Analysis

Medtronic (MDT) Current Taxes (2014 - 2026) Analysis & Trends

Medtronic has disclosed Current Taxes across 13 years of filings, most recently posting $1.1 billion for Q3 2026.

  • In Q3 2026, Current Taxes rose 13.18% year-over-year to $1.1 billion; the TTM figure through Jul 2026 stood at $1.1 billion (up 13.18% YoY), while the FY2026 annual figure was $914.0 million, down 32.7% from the prior year.
  • Current Taxes came in at $1.1 billion for Q3 2026 at Medtronic, up from $914.0 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.
  • Average Current Taxes over 5 years is $895.8 million, with a median of $933.0 million recorded in 2025.
  • Year-over-year, Current Taxes surged 84.52% in 2023 and plunged 42.22% in 2026.
  • Over 5 years, Current Taxes stood at $651.0 million in 2022, then soared by 67.13% to $1.1 billion in 2023, then decreased by 12.96% to $947.0 million in 2024, then tumbled by 31.36% to $650.0 million in 2025, then jumped by 62.46% to $1.1 billion in 2026.
  • Per Business Quant data, the three most recent Current Taxes figures were $1.1 billion in Q3 2026, $914.0 million in Q2 2026, and $650.0 million in Q1 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Abbott Laboratories 183.04 Bn 177.44 Bn 7.27 Bn 411.00 Mn
2 Intuitive Surgical 125.02 Bn 119.81 Bn 1.96 Bn -
3 Medtronic 117.84 Bn 109.02 Bn 6.34 Bn 1.06 Bn
4 Stryker 105.50 Bn 102.02 Bn 4.50 Bn 224.00 Mn
5 Boston Scientific 66.27 Bn 65.73 Bn 3.85 Bn -
6 Edwards Lifesciences 49.60 Bn 45.35 Bn 1.35 Bn -
7 Alcon 33.70 Bn 32.24 Bn 1.68 Bn 228.00 Mn
8 Dexcom 32.06 Bn 30.11 Bn 830.00 Mn -
9 Steris 21.02 Bn 20.54 Bn 684.20 Mn 86.50 Mn
10 Zimmer Biomet Holdings 18.20 Bn 17.79 Bn 1.54 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 1.06 Bn
Apr 24, 2026 914.00 Mn
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