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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |