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Corebridge Financial CRBG Increase in valuation allowance recorded in P&L

Increase in valuation allowance recorded in P&L at other companies

AeroVironment logo
AeroVironmentAVAV
$733.75K+120%
Essential Utilities logo
Essential UtilitiesWTRG
$3.72M+2,643%
SBA Communications logo
SBA CommunicationsSBAC
-$114.75K-112%
Charles River Laboratories logo
Charles River LaboratoriesCRL
-$3.23M
Modine Manufacturing logo
Modine ManufacturingMOD
$25.83M
Popular logo
PopularBPOP

Other financials

Income statement

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Revenue$4.0B+11.0%
Net income-$53.0M+92.0%
EPS (diluted)-$0.11+90.8%

Balance sheet

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Cash & equivalents$373.0M-5.1%
Total debt$11.2B-17.2%
Total equity$10.8B-9.8%
Total assets$407.06B+4.4%

Cash flow

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Operating cash flow-$9.0M-102%

Valuation

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Market cap$13.33B-37.9%
P/S0.7×-0.6×

Profitability

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Net margin5.4%

Returns & leverage

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Return on equity7.3%
Debt / equity0.9×-0.3×

Where this comes from

Reported directly by Corebridge Financial in its filing.

Tagged under the XBRL concept crbg:ValuationAllowanceDeferredTaxAssetIncreaseDecreaseRealizedAndUnrealizedCapitalLossesRecordedInNetIncomeLoss.

The official record: Corebridge Financial’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Corebridge Financial's increase in valuation allowance recorded in p&l?
Corebridge Financial (CRBG) reported increase in valuation allowance recorded in p&l of $140M in Q1 2026.
What does increase in valuation allowance recorded in p&l mean?
The change in the tax valuation allowance that directly impacts current period net income.
How do you interpret increase in valuation allowance recorded in p&l?
An increase in this allowance reduces current net income, signaling a negative adjustment to the expected realization of tax benefits.
How does increase in valuation allowance recorded in p&l compare across companies?
Standard tax accounting metric across all public companies; peers will show this in their tax reconciliation notes.