Medtronic (MDT) Deferred Taxes (2014 - 2026)
Medtronic recorded quarterly Deferred Taxes of -$101.0 million in Q1 2026, down 1342.86% quarter-over-quarter from -$7.0 million in Q4 2025, and up 26.81% year-over-year from -$79.6 million in Q1 2025.
Medtronic's Deferred Taxes history runs 13 years deep, the most recent figure standing at -$101.0 million for Q1 2026.
- In Q1 2026, Deferred Taxes rose 26.81% year-over-year to -$101.0 million; the TTM figure through Jan 2026 stood at -$176.0 million (up 48.08% YoY), while the FY2025 annual figure 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.
- A 5-year average of -$94.8 million and a median of -$87.5 million in 2022 frame the typical range for Deferred Taxes.
- Across the five-year window, Deferred Taxes jumped 108.97% in 2023 and plunged 1628.57% in 2024, its largest moves.
- Medtronic's Deferred Taxes stood at -$74.0 million in 2022, then jumped by 51.35% to -$36.0 million in 2023, then climbed by 13.89% to -$31.0 million in 2024, then jumped by 77.42% to -$7.0 million in 2025, then tumbled by 1342.86% to -$101.0 million in 2026.
- According to Business Quant data, Deferred Taxes over the past three periods registered -$101.0 million, -$7.0 million, and $167.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | - |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | -33.00 Mn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | -101.00 Mn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | -351.00 Mn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | -9.40 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | - |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 300,000.00 |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | - |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | -16.70 Mn |
| 10 | Zimmer Biomet Holdings | 16.17 Bn | 15.75 Bn | 1.51 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | -214.00 Mn |
| Jan 29, 2021 | -139.00 Mn |
| Oct 30, 2020 | -72.00 Mn |
| Jul 31, 2020 | 3.00 Mn |
| Apr 24, 2020 | -522.00 Mn |
| Jan 24, 2020 | -548.00 Mn |
| Oct 25, 2019 | -263.00 Mn |
| Jul 26, 2019 | 18.00 Mn |
| Apr 26, 2019 | -99.00 Mn |
| Jan 25, 2019 | -125.00 Mn |
| Oct 26, 2018 | -83.00 Mn |
| Jul 27, 2018 | 3.00 Mn |
| Apr 27, 2018 | 123.00 Mn |
| Jan 26, 2018 | -212.00 Mn |
| Oct 27, 2017 | -888.00 Mn |
| Jul 28, 2017 | 58.00 Mn |
| Apr 28, 2017 | -55.00 Mn |
| Jan 27, 2017 | -354.00 Mn |
| Oct 28, 2016 | -82.00 Mn |
| Jul 29, 2016 | 32.00 Mn |
| Apr 29, 2016 | -169.00 Mn |
| Jan 29, 2016 | -17.00 Mn |
| Oct 30, 2015 | -115.00 Mn |
| Jul 31, 2015 | -159.00 Mn |
| Apr 24, 2015 | -906.00 Mn |
| Jan 23, 2015 | 41.00 Mn |
| Oct 24, 2014 | -159.00 Mn |
| Jul 25, 2014 | 98.00 Mn |