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Tax benefit

Devon Energy Tax benefit increased by 25.0% to $5M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 66.7%, from $3M to $5M. Over 4 years (FY 2021 to FY 2025), Tax benefit shows an upward trend with a 5.3% CAGR.

Analysis

StatementCash Flow Statement
SectionOther
First reportedQ1 2013
Last reportedQ1 2026May 6, 2026
Metric ID: other_employee_service_share_based_compensation_tax_bene_20cafc

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0$8M$5M$17M$9M$5M$3M$20M$7M$4M$3M$9M$9M$3M$4M$3M$5M$4M$4M$5M
QoQ Change-37.5%+240.0%-47.1%-44.4%-40.0%+566.7%-65.0%-42.9%-25.0%+200.0%+0.0%-66.7%+33.3%-25.0%+66.7%-20.0%+0.0%+25.0%
YoY Change-37.5%-40.0%+17.6%-22.2%-20.0%+0.0%-55.0%+28.6%-25.0%+33.3%-66.7%-44.4%+33.3%+0.0%+66.7%
Range$0$20M
Avg YoY Growth-8.8%
Median YoY Growth-20.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is Devon Energy's tax benefit?
Devon Energy (DVN) reported tax benefit of $5M in Q1 2026.
How has Devon Energy's tax benefit changed year-over-year?
Devon Energy's tax benefit increased by 66.7% year-over-year, from $3M to $5M.
What is the long-term trend for Devon Energy's tax benefit?
Over 4 years (2021 to 2025), Devon Energy's tax benefit has grown at a 5.3% compound annual growth rate (CAGR), from $13M to $16M.