Tax
Income Tax
Ready Capital Income Tax increased by 47.3% to -$16.67M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 220.2%, from -$5.21M to -$16.67M. Over 2 years (FY 2023 to FY 2025), Income Tax shows a downward trend with a 247.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionTax
CategoryOther
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 8, 2026
How to read this metric
Fluctuations are often driven by changes in pre-tax income or changes in tax laws and deferred tax assets/liabilities.
Detailed definition
The total amount of income tax provided for in the financial statements based on the company's pre-tax income. This incl...
Peer comparison
Highly dependent on the company's tax structure and the jurisdictions in which it operates.
Metric ID:
income_tax_expenseHistorical Data
18 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '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 | $7.00M | $6.54M | $17.85M | $10.32M | $4.78M | $901.00K | $2.19M | $2.81M | $1.27M | -$30.21M | -$48.58M | -$8.40M | -$17.32M | -$5.21M | -$39.94M | -$9.94M | -$31.62M | -$16.67M |
| QoQ Change | — | -6.5% | +172.9% | -42.2% | -53.7% | -81.1% | +143.5% | +28.0% | -54.7% | <-999% | -60.8% | +82.7% | -106.1% | +69.9% | -667.0% | +75.1% | -218.3% | +47.3% |
| YoY Change | — | — | — | +47.5% | -27.0% | -95.0% | -78.7% | -41.2% | — | <-999% | <-999% | -399.3% | <-999% | +82.8% | +17.8% | -18.2% | -82.6% | -220.2% |
Range-$48.58M – $17.85M
CAGR+22.7%
Avg YoY Growth-574.6%
Median YoY Growth-80.7%
Income Tax at Other Companies
Frequently Asked Questions
- What is Ready Capital's income tax?
- Ready Capital (RC) reported income tax of -$16.67M in Q1 2026.
- How has Ready Capital's income tax changed year-over-year?
- Ready Capital's income tax decreased by 220.2% year-over-year, from -$5.21M to -$16.67M.
- What is the long-term trend for Ready Capital's income tax?
- Over 2 years (2023 to 2025), Ready Capital's income tax has grown at a 247.6% compound annual growth rate (CAGR), from $7.17M to -$86.70M.
- What does income tax mean?
- The amount of tax the company owes on its profits.