Medtronic MDT
NYSE MDT
$92.62 +0.23 (+0.25%)
As of: Sep 9, 2026 · 11:27 AM EDT

Medtronic (MDT) Tax Provisions (2014 - 2026)

Medtronic's (MDT) quarterly Tax Provisions came in at $289.0 million in Q3 2026, up 13.33% year-over-year from $255.0 million in Q3 2025, and down 49.74% quarter-over-quarter from $575.0 million in Q2 2026.

Analysis

Medtronic (MDT) Tax Provisions (2014 - 2026) Analysis & Trends

Medtronic has disclosed Tax Provisions across 13 years of filings, most recently posting $289.0 million for Q3 2026.

  • In Q3 2026, Tax Provisions rose 13.33% year-over-year to $289.0 million; the TTM figure through Jul 2026 stood at $1.3 billion (up 37.14% YoY), while the FY2026 annual figure was $1.3 billion, up 38.78% from the prior year.
  • Tax Provisions came in at $289.0 million for Q3 2026 at Medtronic, down from $575.0 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.
  • Average Tax Provisions over 5 years is $287.1 million, with a median of $237.0 million recorded in 2025.
  • Year-over-year, Tax Provisions soared 444.89% in 2022 and plunged 58.08% in 2023.
  • Over 5 years, Tax Provisions stood at $959.0 million in 2022, then plunged by 58.08% to $402.0 million in 2023, then plunged by 30.1% to $281.0 million in 2024, then retreated by 23.49% to $215.0 million in 2025, then jumped by 34.42% to $289.0 million in 2026.
  • Per Business Quant data, the three most recent Tax Provisions figures were $289.0 million in Q3 2026, $575.0 million in Q2 2026, and $254.0 million in Q1 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Abbott Laboratories 185.27 Bn 179.67 Bn 7.27 Bn 596.00 Mn
2 Intuitive Surgical 124.48 Bn 119.26 Bn 1.96 Bn 231.40 Mn
3 Medtronic 118.49 Bn 109.67 Bn 6.34 Bn 289.00 Mn
4 Stryker 105.21 Bn 101.74 Bn 4.50 Bn 288.00 Mn
5 Boston Scientific 66.93 Bn 66.39 Bn 3.85 Bn 155.00 Mn
6 Edwards Lifesciences 49.85 Bn 45.60 Bn 1.35 Bn 278.40 Mn
7 Alcon 33.99 Bn 32.53 Bn 1.68 Bn 46.00 Mn
8 Dexcom 32.32 Bn 30.38 Bn 830.00 Mn 68.40 Mn
9 Steris 21.14 Bn 20.66 Bn 684.20 Mn 72.50 Mn
10 Zimmer Biomet Holdings 18.26 Bn 17.85 Bn 1.54 Bn 55.50 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 289.00 Mn
Apr 24, 2026 575.00 Mn
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