Increase (Decrease) in Deferred Income Taxes
L3Harris Technologies Increase (Decrease) in Deferred Income Taxes decreased by 233.7% to -$119.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 233.7%, from $89.00M to -$119.00M. Over 2 years (FY 2022 to FY 2024), Increase (Decrease) in Deferred Income Taxes shows a downward trend with a -46.0% CAGR.
Analysis
How to read this metric
An increase suggests tax expenses were recorded but not yet paid, while a decrease indicates the utilization of deferred tax assets or payment of previously deferred liabilities.
Detailed definition
Represents the non-cash impact on operating cash flow resulting from timing differences between financial reporting and...
Peer comparison
Common across all capital-intensive industries; peers often show fluctuations based on tax legislation and capital investment cycles.
operating_increase_decrease_in_deferred_income_taxesHistorical Data
| Q1 '21 | Q2 '21 | Q3 '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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $22.00M | $304.00M | $128.00M | $162.00M | $81.00M | $34.00M | $319.00M | $115.00M | $132.00M | -$467.00M | $643.00M | $111.00M | -$17.00M | -$245.00M | -$23.00M | $89.00M | -$119.00M |
| QoQ Change | — | >999% | -57.9% | +26.6% | -50.0% | -58.0% | +838.2% | -63.9% | +14.8% | -453.8% | +237.7% | -82.7% | -115.3% | <-999% | +90.6% | +487.0% | -233.7% |
| YoY Change | — | — | — | +636.4% | -73.4% | -73.4% | — | -29.0% | +63.0% | <-999% | +101.6% | -3.5% | -112.9% | +47.5% | -103.6% | -19.8% | -233.7% |
Increase (Decrease) in Deferred Income Taxes at Other Companies
Frequently Asked Questions
- What is L3Harris Technologies's increase (decrease) in deferred income taxes?
- L3Harris Technologies (LHX) reported increase (decrease) in deferred income taxes of -$119.00M in Q1 2026.
- How has L3Harris Technologies's increase (decrease) in deferred income taxes changed year-over-year?
- L3Harris Technologies's increase (decrease) in deferred income taxes decreased by 233.7% year-over-year, from $89.00M to -$119.00M.
- What is the long-term trend for L3Harris Technologies's increase (decrease) in deferred income taxes?
- Over 2 years (2022 to 2024), L3Harris Technologies's increase (decrease) in deferred income taxes has grown at a -46.0% compound annual growth rate (CAGR), from $596.00M to -$174.00M.
- What does increase (decrease) in deferred income taxes mean?
- The change in cash flow caused by differences between when taxes are recorded for accounting and when they are paid to authorities.