Supplemental

Income Taxes Paid, Net

Medtronic Income Taxes Paid, Net 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), Income Taxes Paid, Net 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

A lower cash tax rate relative to statutory rates can indicate effective tax planning, while high cash taxes may signal a lack of tax-efficient strategies or one-time tax events.

Detailed definition

This metric represents the actual cash paid for income taxes during the period, net of any refunds received. It provides...

Peer comparison

Standard supplemental disclosure; peers are compared based on their cash effective tax rate.

Metric ID: supplemental_income_taxes_paid_net

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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

Frequently Asked Questions

What is Medtronic's income taxes paid, net?
Medtronic (MDT) reported income taxes paid, net of $402.00M in Q2 2025.
How has Medtronic's income taxes paid, net changed year-over-year?
Medtronic's income taxes paid, net increased by 2.0% year-over-year, from $394.00M to $402.00M.
What is the long-term trend for Medtronic's income taxes paid, net?
Over 4 years (2021 to 2025), Medtronic's income taxes paid, net has grown at a 9.8% compound annual growth rate (CAGR), from $1.25B to $1.82B.
What does income taxes paid, net mean?
The actual cash amount paid to tax authorities during the year.