Income tax expense · 2012–2025
Medtronic income tax expense
$1.3B+38.8% · FY2025
Medtronic (MDT) reported $1.3B in income tax expense for fiscal 2025, +38.8% year on year.
| Fiscal year | Income tax expense | Change | Filing |
|---|---|---|---|
| FY20252026-04-24 | $1.3B | +38.8% | Open → |
| FY20242025-04-25 | $936M | −17.4% | Open → |
| FY20232024-04-26 | $1.1B | −28.3% | Open → |
| FY20222023-04-28 | $1.6B | +246.5% | Open → |
| FY20212022-04-29 | $456M | +72.1% | Open → |
| FY20202021-04-30 | $265M | +$1.0B | Open → |
| FY20192020-04-24 | −$751M | −$1.3B | Open → |
| FY20182019-04-26 | $547M | −78.8% | Open → |
| FY20172018-04-27 | $2.6B | +346.4% | Open → |
| FY20162017-04-28 | $578M | −27.6% | Open → |
| FY20152016-04-29 | $798M | −1.6% | Open → |
| FY20142015-04-24 | $811M | +26.7% | Open → |
| FY20132014-04-25 | $640M | −18.4% | Open → |
| FY20122013-04-26 | $784M | — | Open → |
Income tax expense — Income tax expense is the tax a company charged against profit in its income statement for the year. It is not the same as the cash it handed to tax authorities: deferred tax, provisions and timing differences separate the two, often by billions. The cash figure is a different line in the cash-flow statement.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2012–2025 compound annual growth +4.0%
Income tax expense at companies of similar size
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Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Medtronic income tax expense |url=https://companiesranked.com/en/company/medtronic/income-tax-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Medtronic income tax expense. CompaniesRanked. https://companiesranked.com/en/company/medtronic/income-tax-expenseBibTeX
@misc{companiesranked-en-company-medtronic-income-tax-expense-2026,
author = {{CompaniesRanked}},
title = {{Medtronic income tax expense}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/medtronic/income-tax-expense}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0001628280-26-044354 · June 18, 2026
{{cite web |title=Medtronic income tax expense — 10-K (0001628280-26-044354) |url=https://www.sec.gov/Archives/edgar/data/1613103/000162828026044354/mdt-20260424.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-06-18}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.