Current Liabilities

Income Taxes Payable

Broadridge Financial Solutions Income Taxes Payable increased by 18.1% to $36.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 46.3%, from $68.10M to $36.60M. Over 4 years (FY 2021 to FY 2025), Income Taxes Payable shows an upward trend with a 9.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ3 2026Apr 30, 2026

How to read this metric

An increase often reflects higher taxable income, while a decrease may indicate tax payments made or lower taxable earnings.

Detailed definition

This represents the current portion of income tax obligations owed to various government taxing authorities based on tax...

Peer comparison

Common across all profitable corporations, varying based on effective tax rates and jurisdictional tax laws.

Metric ID: income_taxes_payable

Historical Data

20 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$42.60M$27.80M$35.80M$32.60M$40.90M$29.80M$46.20M$50.20M$69.70M$31.60M$25.90M$45.70M$112.50M$35.70M$39.90M$68.10M$60.10M$29.40M$31.00M$36.60M
QoQ Change-34.7%+28.8%-8.9%+25.5%-27.1%+55.0%+8.7%+38.8%-54.7%-18.0%+76.4%+146.2%-68.3%+11.8%+70.7%-11.7%-51.1%+5.4%+18.1%
YoY Change-4.0%+7.2%+29.1%+54.0%+70.4%+6.0%-43.9%-9.0%+61.4%+13.0%+54.1%+49.0%-46.6%-17.6%-22.3%-46.3%
Range$25.90M$112.50M
CAGR-3.1%
Avg YoY Growth+9.7%
Median YoY Growth+6.6%
Current Streak2 quarters growth

Frequently Asked Questions

What is Broadridge Financial Solutions's income taxes payable?
Broadridge Financial Solutions (BR) reported income taxes payable of $36.60M in Q1 2026.
How has Broadridge Financial Solutions's income taxes payable changed year-over-year?
Broadridge Financial Solutions's income taxes payable decreased by 46.3% year-over-year, from $68.10M to $36.60M.
What is the long-term trend for Broadridge Financial Solutions's income taxes payable?
Over 4 years (2021 to 2025), Broadridge Financial Solutions's income taxes payable has grown at a 9.0% compound annual growth rate (CAGR), from $42.60M to $60.10M.
What does income taxes payable mean?
The amount of income tax the company owes to government authorities for the current period.