Non-Current Assets
Deferred Tax Assets
Medtronic Deferred Tax Assets increased by 2.9% to $3.97B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.8%, from $3.61B to $3.97B. Over 4 years (FY 2021 to FY 2025), Deferred Tax Assets shows an upward trend with a 6.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2016
Last reportedQ3 2026Feb 24, 2026
How to read this metric
An increase may indicate past operating losses or tax credits that provide a future buffer, while a decrease suggests the utilization of these benefits to offset tax liabilities.
Detailed definition
This represents the future tax benefits that the company expects to realize due to temporary differences between the fin...
Peer comparison
Standard across all industries; levels depend heavily on the company's historical profitability and tax jurisdiction profile.
Metric ID:
non_current_assets_deferred_income_tax_assets_netHistorical Data
20 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 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.17B | $3.19B | $3.20B | $3.31B | $3.40B | $3.31B | $3.35B | $3.36B | $3.48B | $3.46B | $3.43B | $3.60B | $3.66B | $3.55B | $3.57B | $3.61B | $4.04B | $3.93B | $3.86B | $3.97B |
| QoQ Change | — | +0.6% | +0.5% | +3.3% | +2.8% | -2.7% | +1.2% | +0.3% | +3.5% | -0.5% | -1.0% | +5.0% | +1.6% | -2.8% | +0.5% | +1.2% | +11.8% | -2.7% | -1.8% | +2.9% |
| YoY Change | — | — | — | — | +7.4% | +3.9% | +4.6% | +1.6% | +2.2% | +4.5% | +2.3% | +7.1% | +5.2% | +2.7% | +4.2% | +0.4% | +10.5% | +10.6% | +8.0% | +9.8% |
Range$3.17B – $4.04B
CAGR+4.8%
Avg YoY Growth+5.3%
Median YoY Growth+4.6%
Deferred Tax Assets at Other Companies
Frequently Asked Questions
- What is Medtronic's deferred tax assets?
- Medtronic (MDT) reported deferred tax assets of $3.97B in Q4 2025.
- How has Medtronic's deferred tax assets changed year-over-year?
- Medtronic's deferred tax assets increased by 9.8% year-over-year, from $3.61B to $3.97B.
- What is the long-term trend for Medtronic's deferred tax assets?
- Over 4 years (2021 to 2025), Medtronic's deferred tax assets has grown at a 6.3% compound annual growth rate (CAGR), from $3.17B to $4.04B.
- What does deferred tax assets mean?
- Future tax savings the company expects to realize based on past financial activities.