Income Tax
Duke Energy Income Tax increased by 179.8% to $333.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 72.5%, from $193.00M to $333.00M. Over 3 years (FY 2021 to FY 2024), Income Tax shows an upward trend with a 41.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Changes may reflect shifts in corporate tax law, geographic earnings mix, or the expiration of tax incentives.
Detailed definition
The total amount of income tax a company expects to pay to federal, state, and foreign governments based on its earnings...
Peer comparison
Global companies often have complex tax expenses due to earnings in multiple international jurisdictions.
income_tax_expenseHistorical Data
| Q2 '21 | Q3 '21 | 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $36.00M | $90.00M | $0.00 | -$14.00M | $77.00M | $128.00M | $109.00M | $155.00M | $119.00M | $42.00M | $122.00M | $178.00M | $140.00M | $163.00M | $109.00M | $193.00M | $119.00M | $333.00M |
| QoQ Change | — | +150.0% | -100.0% | — | +650.0% | +66.2% | -14.8% | +42.2% | -23.2% | -64.7% | +190.5% | +45.9% | -21.3% | +16.4% | -33.1% | +77.1% | -38.3% | +179.8% |
| YoY Change | — | — | — | — | +113.9% | +42.2% | — | >999% | +54.5% | -67.2% | +11.9% | +14.8% | +17.6% | +288.1% | -10.7% | +8.4% | -15.0% | +72.5% |
Business Segments
| Segment | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q1 '25 | Q2 '25 |
|---|---|---|---|---|---|---|---|---|
| Electric Utilitiesand Infrastructure | $185.50M | $185.50M | $185.50M | $185.50M | $173.00M | $214.00M | $189.00M | $200.00M |
| Total Reportable Segments | $214.50M | $214.50M | $214.50M | $214.50M | $242.00M | $216.00M | $280.00M | $196.00M |
| Gas Utilitiesand Infrastructure | $29.00M | $29.00M | $29.00M | $29.00M | $69.00M | $4.00M | $91.00M | -$7.00M |
| All Other Segments | -$500.00K | -$500.00K | -$500.00K | -$500.00K | -$64.00M | — | -$87.00M | — |
| Total | $155.00M | $119.00M | $42.00M | $122.00M | $178.00M | $140.00M | $193.00M | $119.00M |
All Other Segments was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Income Tax at Other Companies
Frequently Asked Questions
- What is Duke Energy's income tax?
- Duke Energy (DUK) reported income tax of $333.00M in Q1 2026.
- How has Duke Energy's income tax changed year-over-year?
- Duke Energy's income tax increased by 72.5% year-over-year, from $193.00M to $333.00M.
- What is the long-term trend for Duke Energy's income tax?
- Over 3 years (2021 to 2024), Duke Energy's income tax has grown at a 41.1% compound annual growth rate (CAGR), from $210.00M to $590.00M.
- What does income tax mean?
- The amount of money a company sets aside to pay its corporate income taxes.