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Medtronic (MDT) Current Taxes (2016 - 2026)

Medtronic (MDT) has disclosed Current Taxes for 13 consecutive years, with $650.0 million as the latest value for Q1 2026.

  • Quarterly Current Taxes fell 42.22% to $650.0 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $650.0 million through Jan 2026, down 42.22% year-over-year, with the annual reading at $1.4 billion for FY2025, 2.11% up from the prior year.
  • Current Taxes hit $650.0 million in Q1 2026 for 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.
  • Historically, Current Taxes has averaged $885.3 million across 5 years, with a median of $933.0 million in 2025.
  • Biggest five-year swings in Current Taxes: soared 84.52% in 2023 and later tumbled 42.22% in 2026.
  • Year by year, Current Taxes stood at $651.0 million in 2022, then surged by 67.13% to $1.1 billion in 2023, then dropped by 12.96% to $947.0 million in 2024, then tumbled by 31.36% to $650.0 million in 2025, then changed by 0.0% to $650.0 million in 2026.
  • Business Quant data shows Current Taxes for MDT at $650.0 million in Q1 2026, $650.0 million in Q4 2025, and $933.0 million in Q3 2025.