Supplemental
Taxes Paid
Medtronic Taxes Paid increased by 32.2% to $402.00M in Q2 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.0%, from $394.00M to $402.00M. Over 4 years (FY 2021 to FY 2025), Taxes Paid shows an upward trend with a 9.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementCash Flow Statement
SectionSupplemental
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026Aug 26, 2025
How to read this metric
High cash taxes relative to earnings may indicate limited tax planning opportunities or specific jurisdictional tax requirements.
Detailed definition
The actual cash outflow for income taxes during the period, which may differ from the tax expense reported on the income...
Peer comparison
Comparable across peers in the same tax jurisdictions; useful for calculating effective cash tax rates.
Metric ID:
income_taxes_paidHistorical Data
18 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $437.00M | $249.00M | $572.00M | $21.00M | $154.00M | $260.00M | $850.00M | $204.00M | $234.00M | $117.00M | $1.22B | $68.00M | $219.00M | $394.00M | $1.00B | $121.00M | $304.00M | $402.00M |
| QoQ Change | — | -43.0% | +129.7% | -96.3% | +633.3% | +68.8% | +226.9% | -76.0% | +14.7% | -50.0% | +941.0% | -94.4% | +222.1% | +79.9% | +153.8% | -87.9% | +151.2% | +32.2% |
| YoY Change | — | — | — | — | -64.8% | +4.4% | +48.6% | +871.4% | +51.9% | -55.0% | +43.3% | -66.7% | -6.4% | +236.8% | -17.9% | +77.9% | +38.8% | +2.0% |
Range$21.00M – $1.22B
CAGR-1.9%
Avg YoY Growth+83.2%
Median YoY Growth+21.6%
Current Streak2 quarters growth
Taxes Paid at Other Companies
Frequently Asked Questions
- What is Medtronic's taxes paid?
- Medtronic (MDT) reported taxes paid of $402.00M in Q2 2025.
- How has Medtronic's taxes paid changed year-over-year?
- Medtronic's taxes paid increased by 2.0% year-over-year, from $394.00M to $402.00M.
- What is the long-term trend for Medtronic's taxes paid?
- Over 4 years (2021 to 2025), Medtronic's taxes paid has grown at a 9.8% compound annual growth rate (CAGR), from $1.25B to $1.82B.
- What does taxes paid mean?
- The actual cash paid to tax authorities during the period.