Medtronic (MDT) Tax Provisions (2014 - 2026)
Medtronic recorded quarterly Tax Provisions of $254.0 million in Q1 2026, up 18.14% quarter-over-quarter from $215.0 million in Q4 2025, and up 7.17% year-over-year from $237.0 million in Q1 2025.
Medtronic's Tax Provisions history runs 13 years deep, the most recent figure standing at $254.0 million for Q1 2026.
- In Q1 2026, Tax Provisions rose 7.17% year-over-year to $254.0 million; the TTM figure through Jan 2026 stood at $923.0 million (down 1.28% YoY), while the FY2025 annual figure was $936.0 million, down 17.39% from the prior year.
- Tax Provisions came in at $254.0 million for Q1 2026 at Medtronic, up from $215.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $959.0 million in Q4 2022 to a low of $106.0 million in Q1 2022.
- A 5-year average of $270.0 million and a median of $220.0 million in 2024 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions soared 444.89% in 2022 and plunged 58.08% in 2023, its largest moves.
- Medtronic's Tax Provisions stood at $959.0 million in 2022, then sank by 58.08% to $402.0 million in 2023, then sank by 30.1% to $281.0 million in 2024, then decreased by 23.49% to $215.0 million in 2025, then rose by 18.14% to $254.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $254.0 million, $215.0 million, and $255.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 372.00 Mn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 105.00 Mn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 254.00 Mn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | -176.00 Mn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 78.30 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -51.51 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 70.00 Mn |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 94.00 Mn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 84.20 Mn |
| 10 | Zimmer Biomet Holdings | 16.17 Bn | 15.75 Bn | 1.51 Bn | 63.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 23, 2026 | 254.00 Mn |
| Oct 24, 2025 | 215.00 Mn |
| Jul 25, 2025 | 255.00 Mn |
| Apr 25, 2025 | 199.00 Mn |
| Jan 24, 2025 | 237.00 Mn |
| Oct 25, 2024 | 281.00 Mn |
| Jul 26, 2024 | 220.00 Mn |
| Apr 26, 2024 | 197.00 Mn |
| Jan 26, 2024 | 135.00 Mn |
| Oct 27, 2023 | 402.00 Mn |
| Jul 28, 2023 | 400.00 Mn |
| Apr 28, 2023 | 362.00 Mn |
| Jan 27, 2023 | 146.00 Mn |
| Oct 28, 2022 | 959.00 Mn |
| Jul 29, 2022 | 112.00 Mn |
| Apr 29, 2022 | 110.00 Mn |
| Jan 28, 2022 | 106.00 Mn |
| Oct 29, 2021 | 176.00 Mn |
| Jul 30, 2021 | 64.00 Mn |
| Apr 30, 2021 | 200.00 Mn |
| Jan 29, 2021 | -59.00 Mn |
| Oct 30, 2020 | 31.00 Mn |
| Jul 31, 2020 | 93.00 Mn |
| Apr 24, 2020 | -434.00 Mn |
| Jan 24, 2020 | -340.00 Mn |
| Oct 25, 2019 | -77.00 Mn |
| Jul 26, 2019 | 100.00 Mn |
| Apr 26, 2019 | 110.00 Mn |
| Jan 25, 2019 | 99.00 Mn |
| Oct 26, 2018 | 235.00 Mn |
| Jul 27, 2018 | 103.00 Mn |
| Apr 27, 2018 | 260.00 Mn |
| Jan 26, 2018 | 2.42 Bn |
| Oct 27, 2017 | -285.00 Mn |
| Jul 28, 2017 | 186.00 Mn |
| Apr 28, 2017 | 271.00 Mn |
| Jan 27, 2017 | 147.00 Mn |
| Oct 28, 2016 | 101.00 Mn |
| Jul 29, 2016 | 59.00 Mn |
| Apr 29, 2016 | 31.00 Mn |
| Jan 29, 2016 | 84.00 Mn |
| Oct 30, 2015 | 563.00 Mn |
| Jul 31, 2015 | 120.00 Mn |
| Apr 24, 2015 | 188.00 Mn |
| Jan 23, 2015 | 217.00 Mn |
| Oct 24, 2014 | 194.00 Mn |
| Jul 25, 2014 | 212.00 Mn |