What is Nextra Energy's tax reconciliation: change in valuation allowance?

Nextra Energy (NEE) reported tax reconciliation: change in valuation allowance of 2.3% in Q1 2026.

What does tax reconciliation: change in valuation allowance mean?

The impact on the effective tax rate caused by changes in the valuation allowance for deferred tax assets.

Nextra Energy Tax Reconciliation: Change in Valuation Allowance increased by 105.7% to 2.3% in Q1 2026 compared to the prior quarter.

StatementIncome Statement

SectionTax

CategoryProfitability

SignalContext dependent

VolatilityModerate

First reportedQ1 2025

Last reportedQ1 2026Apr 23, 2026

A negative impact on the rate reconciliation suggests a reduction in the allowance, which can improve net income.

This metric measures the specific impact of adjustments to the valuation allowance for deferred tax assets on the compan...

Commonly disclosed in the effective tax rate reconciliation table of 10-K filings.

Metric ID: cat_tax_reconciliation_valuation_allowance_change

2 periods

Range-40.1% – 2.3%

Avg YoY Growth+105.7%

Median YoY Growth+105.7%

What is Nextra Energy's tax reconciliation: change in valuation allowance?: Nextra Energy (NEE) reported tax reconciliation: change in valuation allowance of 2.3% in Q1 2026.
What does tax reconciliation: change in valuation allowance mean?: The impact on the effective tax rate caused by changes in the valuation allowance for deferred tax assets.