Business Segments · Income Tax Expense (Benefit)
NEER Segment — Income Tax Expense (Benefit)
Nextra Energy NEER Segment — Income Tax Expense (Benefit) decreased by 417.9% to -$347.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 32.6%, from -$515.00M to -$347.00M. Over 4 years (FY 2021 to FY 2025), NEER Segment — Income Tax Expense (Benefit) shows a downward trend with a 30.3% CAGR.
Analysis
StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityVolatile
First reportedQ1 2019
Last reportedQ1 2026Apr 23, 2026
Rolls up toIncome Tax
How to read this metric
A benefit indicates significant utilization of tax credits, while an expense reflects taxable income generation.
Detailed definition
The provision for income taxes or the benefit derived from tax credits and deferred tax accounting within the segment. T...
Peer comparison
Highly specific to renewable energy developers; comparable to peers with significant green energy tax credit utilization.
Metric ID:
nee_segment_neer_segment_income_tax_expense_benefitHistorical Data
20 periods
| 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 | -$98.75M | -$98.75M | -$98.75M | -$97.75M | -$97.75M | -$97.75M | -$97.75M | $44.25M | $44.25M | $44.25M | $44.25M | -$97.00M | -$263.00M | -$37.00M | -$258.00M | -$515.00M | -$352.00M | -$205.00M | -$67.00M | -$347.00M |
| QoQ Change | — | +0.0% | +0.0% | +1.0% | +0.0% | +0.0% | +0.0% | +145.3% | +0.0% | +0.0% | +0.0% | -319.2% | -171.1% | +85.9% | -597.3% | -99.6% | +31.7% | +41.8% | +67.3% | -417.9% |
| YoY Change | — | — | — | — | +1.0% | +1.0% | +1.0% | +145.3% | +145.3% | +145.3% | +145.3% | -319.2% | -694.4% | -183.6% | -683.1% | -430.9% | -33.8% | -454.1% | +74.0% | +32.6% |
Range-$515.00M – $44.25M
CAGR+30.3%
Avg YoY Growth-131.8%
Median YoY Growth+1.0%
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Frequently Asked Questions
- What is Nextra Energy's neer segment — income tax expense (benefit)?
- Nextra Energy (NEE) reported neer segment — income tax expense (benefit) of -$347.00M in Q1 2026.
- How has Nextra Energy's neer segment — income tax expense (benefit) changed year-over-year?
- Nextra Energy's neer segment — income tax expense (benefit) increased by 32.6% year-over-year, from -$515.00M to -$347.00M.
- What is the long-term trend for Nextra Energy's neer segment — income tax expense (benefit)?
- Over 4 years (2021 to 2025), Nextra Energy's neer segment — income tax expense (benefit) has grown at a 30.3% compound annual growth rate (CAGR), from -$395.00M to -$1.14B.
- What does neer segment — income tax expense (benefit) mean?
- The net income tax cost or benefit recognized by the segment, heavily influenced by renewable energy tax incentives.