Medtronic (MDT) Deferred Taxes (2014 - 2026)
Medtronic (MDT) recorded Deferred Taxes of $127 million in fiscal Q1 2027 (quarter ended Jul 31, 2026), down 24.0% from $167 million a year earlier.
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Analysis
Medtronic (MDT) Deferred Taxes (2014 - 2026) Analysis & Trends
On a TTM basis, Medtronic's Deferred Taxes came in at $11 million as of Jul 31, 2026; for FY2026 (ended Apr 24, 2026), it came in at $51 million.
- Across earlier fiscal years, Deferred Taxes came in at -$316 million in FY2025, -$508 million in FY2024, -$226 million in FY2023 and -$604 million in FY2022.
- Quarterly Deferred Taxes has ranged from -$370 million in fiscal Q4 2022 to $167 million in fiscal Q1 2026 over the past five years.
- Per Business Quant, the preceding three fiscal quarters came in at -$8 million (Q4 2026), -$101 million (Q3 2026) and -$7 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 267.71 Bn | 244.23 Bn | 5.13 Bn | -210.00 Mn |
| 2 | Abbott Laboratories | 191.69 Bn | 165.56 Bn | 7.39 Bn | - |
| 3 | Danaher | 166.18 Bn | 145.83 Bn | 3.84 Bn | - |
| 4 | Intuitive Surgical | 161.07 Bn | 141.36 Bn | 2.08 Bn | -54.40 Mn |
| 5 | Medtronic | 131.65 Bn | 96.90 Bn | 6.34 Bn | 127.00 Mn |
| 6 | Stryker | 125.25 Bn | 111.44 Bn | 4.25 Bn | 92.00 Mn |
| 7 | Boston Scientific | 63.85 Bn | 59.29 Bn | 3.43 Bn | 88.00 Mn |
| 8 | Edwards Lifesciences | 60.52 Bn | 43.72 Bn | 1.35 Bn | -60.60 Mn |
| 9 | Becton Dickinson | 59.08 Bn | 56.23 Bn | 2.32 Bn | -74.00 Mn |
| 10 | Agilent Technologies | 50.79 Bn | 43.67 Bn | 1.04 Bn | 20.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 127.00 Mn |
| Apr 24, 2026 | -8.00 Mn |
| Jan 23, 2026 | -101.00 Mn |
| Oct 24, 2025 | -7.00 Mn |
| Jul 25, 2025 | 167.00 Mn |
| Apr 25, 2025 | -235.00 Mn |
| Jan 24, 2025 | -138.00 Mn |
| Oct 25, 2024 | -31.00 Mn |
| Jul 26, 2024 | 88.00 Mn |
| Apr 26, 2024 | -258.00 Mn |
| Jan 26, 2024 | -214.00 Mn |
| Oct 27, 2023 | -36.00 Mn |
| Apr 28, 2023 | -148.00 Mn |
| Jan 27, 2023 | 14.00 Mn |
| Oct 28, 2022 | -74.00 Mn |
| Jul 29, 2022 | -18.00 Mn |
| Apr 29, 2022 | -370.00 Mn |
| Jan 28, 2022 | -156.00 Mn |
| Oct 29, 2021 | -67.00 Mn |
| Jul 30, 2021 | -11.00 Mn |
API Access
Medtronic Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=MDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "MDT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();