Florida Power & Light Company — Income Tax Expense (Benefit)
Nextra Energy Florida Power & Light Company — Income Tax Expense (Benefit) decreased by 106.3% to -$18.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 108.4%, from $215.00M to -$18.00M. Over 4 years (FY 2021 to FY 2025), Florida Power & Light Company — Income Tax Expense (Benefit) shows a downward trend with a -3.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Fluctuations often reflect changes in pre-tax income or the utilization of tax credits related to renewable energy or infrastructure investment.
Detailed definition
The provision for income taxes calculated on the segment's pre-tax earnings, adjusted for deferred tax items and tax cre...
Peer comparison
Standard tax accounting for all corporate segments.
nee_segment_fpl_income_tax_expense_benefitHistorical 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 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $209.50M | $209.50M | $209.50M | $236.75M | $236.75M | $236.75M | $236.75M | $280.75M | $280.75M | $280.75M | $280.75M | $279.00M | $257.00M | $277.00M | $157.00M | $215.00M | $164.00M | $52.00M | $288.00M | -$18.00M |
| QoQ Change | — | +0.0% | +0.0% | +13.0% | +0.0% | +0.0% | +0.0% | +18.6% | +0.0% | +0.0% | +0.0% | -0.6% | -7.9% | +7.8% | -43.3% | +36.9% | -23.7% | -68.3% | +453.8% | -106.3% |
| YoY Change | — | — | — | — | +13.0% | +13.0% | +13.0% | +18.6% | +18.6% | +18.6% | +18.6% | -0.6% | -8.5% | -1.3% | -44.1% | -22.9% | -36.2% | -81.2% | +83.4% | -108.4% |
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Frequently Asked Questions
- What is Nextra Energy's florida power & light company — income tax expense (benefit)?
- Nextra Energy (NEE) reported florida power & light company — income tax expense (benefit) of -$18.00M in Q1 2026.
- How has Nextra Energy's florida power & light company — income tax expense (benefit) changed year-over-year?
- Nextra Energy's florida power & light company — income tax expense (benefit) decreased by 108.4% year-over-year, from $215.00M to -$18.00M.
- What is the long-term trend for Nextra Energy's florida power & light company — income tax expense (benefit)?
- Over 4 years (2021 to 2025), Nextra Energy's florida power & light company — income tax expense (benefit) has grown at a -3.8% compound annual growth rate (CAGR), from $838.00M to $719.00M.
- What does florida power & light company — income tax expense (benefit) mean?
- The amount of income tax expense recognized for the segment's earnings.