Medtronic (MDT) Deferred Taxes (2014 - 2026)

Medtronic has disclosed Deferred Taxes across 13 years of filings, most recently posting -$101.0 million for Q1 2026.

• Deferred Taxes for Q1 2026 came in at -$101.0 million, up 26.81% year-over-year; the trailing twelve-month figure through Jan 2026 was -$176.0 million (up 48.08% YoY), and the FY2025 annual result was -$316.0 million, up 37.8% from the prior year.
• Deferred Taxes came in at -$101.0 million for Q1 2026 at Medtronic, down from -$7.0 million in the prior quarter.
• In the past five years, Deferred Taxes ranged from a high of $167.0 million in Q3 2025 to a low of -$370.0 million in Q2 2022.
• The 5-year median for Deferred Taxes is -$87.5 million (2022), against an average of -$94.8 million.
• Across the five-year window, Deferred Taxes soared 108.97% in 2023 and sank 1628.57% in 2024, its largest moves.
• Medtronic's Deferred Taxes stood at -$74.0 million in 2022, then soared by 51.35% to -$36.0 million in 2023, then advanced by 13.89% to -$31.0 million in 2024, then soared by 77.42% to -$7.0 million in 2025, then plunged by 1342.86% to -$101.0 million in 2026.
• The last three Deferred Taxes figures came in at -$101.0 million (Q1 2026), -$7.0 million (Q4 2025), and $167.0 million (Q3 2025), per Business Quant data.