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

Nextra Energy (NEE) reported change in tax valuation allowance of $28.00M in Q1 2026.

What does change in tax valuation allowance mean?

The net adjustment to the reserve for deferred tax assets that may not be realized.

Change in Tax Valuation Allowance

Nextra Energy Change in Tax Valuation Allowance increased by 21.7% to $28.00M in Q1 2026 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement

SectionTax

CategoryRisk

SignalLower is better

VolatilityModerate

First reportedQ1 2025

Last reportedQ1 2026Apr 23, 2026

How to read this metric

A decrease in the allowance suggests improved confidence in future profitability and tax asset utilization.

Detailed definition

Measures the net change in the valuation allowance established against deferred tax assets. A valuation allowance is rec...

Peer comparison

Standard disclosure for companies with significant deferred tax assets and fluctuating earnings outlooks.

Metric ID: tmo_tax_valuation_allowance_change

Historical Data

2 periods

	Q1 '25	Q1 '26
Value	$23.00M	$28.00M
QoQ Change	—	+21.7%
YoY Change	—	+21.7%

Range$23.00M – $28.00M

Avg YoY Growth+21.7%

Median YoY Growth+21.7%

Change in Tax Valuation Allowance at Other Companies

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Frequently Asked Questions

What is Nextra Energy's change in tax valuation allowance?: Nextra Energy (NEE) reported change in tax valuation allowance of $28.00M in Q1 2026.
What does change in tax valuation allowance mean?: The net adjustment to the reserve for deferred tax assets that may not be realized.