Medtronic MDT Effective tax rates
Effective tax rates at other companies
Other financials
Where this comes from
Reported directly by Medtronic in its filing.
Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateContinuingOperations.
The source filing: Medtronic’s 10-Q, filed February 24, 2026.
- Filed
- Feb 24, 2026, 4:18 PM EST
- Fiscal quarter
- Q3 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001628280-26-011107
The Company's effective tax rate for the three and nine months ended January 23, 2026 was 18.1% and 16.8%, respectively, as compared to 15.4% and 16.9% for the three and nine months ended January 24, 2025, respectively. The increase in the effective tax rate for the three months ended January 23, 2026 primarily relates to an increase in the Pillar Two global minimum tax impact and year-over-year changes in operational results by jurisdiction. The decrease in the effective tax rate for the nine months ended January 23, 2026 primarily relates to a tax benefit recognized during the period related to a change in estimate of accrued interest on uncertain tax positions, partially offset by an increase in the Pillar Two global minimum tax impact and year-over-year changes in operational results by jurisdiction.
Item 1. Financial Statements
FAQ
- What is Medtronic's effective tax rates?
- Medtronic (MDT) reported effective tax rates of $0.18 in Q4 2025.
- How has Medtronic's effective tax rates changed year-over-year?
- Medtronic's effective tax rates increased by 17.5% year-over-year, from $0.15 to $0.18.
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