What is Devon Energy's current income tax expense?

Devon Energy (DVN) reported current income tax expense of -$188.00M in Q1 2026.

How has Devon Energy's current income tax expense changed year-over-year?

Devon Energy's current income tax expense decreased by 295.8% year-over-year, from $96.00M to -$188.00M.

What is the long-term trend for Devon Energy's current income tax expense?

Over 4 years (2021 to 2025), Devon Energy's current income tax expense has grown at a 108.3% compound annual growth rate (CAGR), from $16.00M to $301.00M.

Tax

Current Income Tax Expense

Devon Energy Current Income Tax Expense decreased by 917.4% to -$188.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 295.8%, from $96.00M to -$188.00M. Over 4 years (FY 2021 to FY 2025), Current Income Tax Expense shows an upward trend with a 108.3% CAGR.

Analysis

StatementIncome Statement

SectionTax

First reportedQ1 2013

Last reportedQ1 2026May 6, 2026

Metric ID: ms_current_income_tax_expense

Historical Data

20 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '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	$19.00M	$1.00M	$1.00M	$103.00M	$252.00M	$120.00M	$84.00M	$141.00M	$80.00M	$139.00M	$105.00M	$119.00M	$146.00M	$75.00M	$119.00M	$96.00M	$226.00M	-$44.00M	$23.00M	-$188.00M
QoQ Change	—	-94.7%	+0.0%	>999%	+144.7%	-52.4%	-30.0%	+67.9%	-43.3%	+73.8%	-24.5%	+13.3%	+22.7%	-48.6%	+58.7%	-19.3%	+135.4%	-119.5%	+152.3%	-917.4%
YoY Change	—	—	—	—	>999%	>999%	>999%	+36.9%	-68.3%	+15.8%	+25.0%	-15.6%	+82.5%	-46.0%	+13.3%	-19.3%	+54.8%	-158.7%	-80.7%	-295.8%

Range-$188.00M – $252.00M

CAGR+62.0%

Avg YoY Growth>999%

Median YoY Growth+14.6%

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Frequently Asked Questions

What is Devon Energy's current income tax expense?: Devon Energy (DVN) reported current income tax expense of -$188.00M in Q1 2026.
How has Devon Energy's current income tax expense changed year-over-year?: Devon Energy's current income tax expense decreased by 295.8% year-over-year, from $96.00M to -$188.00M.
What is the long-term trend for Devon Energy's current income tax expense?: Over 4 years (2021 to 2025), Devon Energy's current income tax expense has grown at a 108.3% compound annual growth rate (CAGR), from $16.00M to $301.00M.