What is RBC Bearings's deferred tax assets - tax credit carryforwards?

RBC Bearings (RBC) reported deferred tax assets - tax credit carryforwards of $12.20M in Q1 2026.

How has RBC Bearings's deferred tax assets - tax credit carryforwards changed year-over-year?

RBC Bearings's deferred tax assets - tax credit carryforwards decreased by 0.8% year-over-year, from $12.30M to $12.20M.

What is the long-term trend for RBC Bearings's deferred tax assets - tax credit carryforwards?

Over 5 years (2021 to 2026), RBC Bearings's deferred tax assets - tax credit carryforwards has grown at a 2.2% compound annual growth rate (CAGR), from $10.94M to $12.20M.

What does deferred tax assets - tax credit carryforwards mean?

Unused tax credits that can be applied to reduce future tax payments.

Non-Current Assets

Deferred Tax Assets - Tax Credit Carryforwards

RBC Bearings Deferred Tax Assets - Tax Credit Carryforwards decreased by 0.8% to $12.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.8%, from $12.30M to $12.20M. Over 5 years (FY 2021 to FY 2026), Deferred Tax Assets - Tax Credit Carryforwards shows an upward trend with a 2.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryEfficiency

SignalHigher is better

VolatilityStable

First reportedQ4 2018

Last reportedQ4 2026May 15, 2026

How to read this metric

Higher balances indicate significant potential for future tax relief, though they may also suggest limited current taxable income to absorb these credits.

Detailed definition

These are deferred tax assets arising from tax credits that were not utilized in the current period but can be carried f...

Peer comparison

Standard across large manufacturing firms with significant R&D or capital expenditure tax incentives.

Metric ID: dta_tax_credit_carryforwards

Historical Data

5 periods

	Q4 '22	Q4 '23	Q4 '24	Q4 '25	Q4 '26
Value	$12.10M	$12.50M	$11.50M	$12.30M	$12.20M
QoQ Change	—	+3.3%	-8.0%	+7.0%	-0.8%
YoY Change	—	+3.3%	-8.0%	+7.0%	-0.8%

Range$11.50M – $12.50M

CAGR+0.8%

Avg YoY Growth+0.4%

Median YoY Growth+1.2%

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Frequently Asked Questions

What is RBC Bearings's deferred tax assets - tax credit carryforwards?: RBC Bearings (RBC) reported deferred tax assets - tax credit carryforwards of $12.20M in Q1 2026.
How has RBC Bearings's deferred tax assets - tax credit carryforwards changed year-over-year?: RBC Bearings's deferred tax assets - tax credit carryforwards decreased by 0.8% year-over-year, from $12.30M to $12.20M.
What is the long-term trend for RBC Bearings's deferred tax assets - tax credit carryforwards?: Over 5 years (2021 to 2026), RBC Bearings's deferred tax assets - tax credit carryforwards has grown at a 2.2% compound annual growth rate (CAGR), from $10.94M to $12.20M.
What does deferred tax assets - tax credit carryforwards mean?: Unused tax credits that can be applied to reduce future tax payments.