Citigroup Markets — Provision (benefit) for income taxes increased by 237.7% to $797.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 46.0%, from $546.00M to $797.00M. Over 3 years (FY 2021 to FY 2025), Markets — Provision (benefit) for income taxes shows relatively stable performance with a 1.1% CAGR.
Changes often track pre-tax income fluctuations, though shifts in effective tax rates can signal changes in geographic earnings mix or tax policy.
The estimated tax expense or benefit allocated to the Markets segment based on its pre-tax earnings. This reflects the f...
Standard accounting line item for segment-level reporting in large multinational corporations.
c_segment_markets_provision_benefit_for_income_taxes| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $423.75M | $423.75M | $423.75M | $380.75M | $380.75M | $380.75M | $380.75M | $676.00M | $312.00M | $211.00M | $353.00M | $323.00M | $248.00M | $242.00M | $546.00M | $513.00M | $457.00M | $236.00M | $797.00M |
| QoQ Change | — | +0.0% | +0.0% | -10.1% | +0.0% | +0.0% | +0.0% | +77.5% | -53.8% | -32.4% | +67.3% | -8.5% | -23.2% | -2.4% | +125.6% | -6.0% | -10.9% | -48.4% | +237.7% |
| YoY Change | — | — | — | — | -10.1% | -10.1% | -10.1% | +77.5% | -18.1% | -44.6% | -47.8% | +3.5% | +17.5% | — | +54.7% | +58.8% | +84.3% | -2.5% | +46.0% |