Income Tax
Ellington Financial Inc. Income Tax decreased by 28.6% to $966K in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1106.3%, from -$96K to $966K. Over 4 years (FY 2021 to FY 2025), Income Tax shows an upward trend with a 4.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Changes are generally driven by fluctuations in pre-tax income rather than operational performance, though effective tax rate changes can impact net income.
Detailed definition
This is the total amount of tax provision recognized on the income statement based on the company's pre-tax earnings and...
Peer comparison
Standard line item for all taxable entities, though REITs may have unique tax profiles depending on their distribution requirements.
income_tax_expenseHistorical Data
| 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 | $3.14M | -$2.01M | -$4K | -$6.96M | -$7.83M | -$81K | -$2.85M | $21K | $83K | $224K | $129K | $61K | $142K | $12K | $398K | -$96K | $1.48M | $1.06M | $1.35M | $966K |
| QoQ Change | — | -164.0% | +99.8% | <-999% | -12.4% | +99.0% | <-999% | +100.7% | +295.2% | +169.9% | -42.4% | -52.7% | +132.8% | -91.5% | >999% | -124.1% | >999% | -28.1% | +27.6% | -28.6% |
| YoY Change | — | — | — | — | -349.2% | +96.0% | <-999% | +100.3% | +101.1% | +376.5% | +104.5% | +190.5% | +71.1% | -94.6% | +208.5% | -257.4% | +938.7% | >999% | +239.9% | >999% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Corporate Segment and Other Operating Segment | $142K | $12K | $398K | -$96K | $1.48M | $1.06M | $1.35M | $966K |
| Investment Portfolio Segment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Longbridge Segment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total | $142K | $12K | $398K | -$96K | $1.48M | $1.06M | $1.35M | $966K |
Income Tax at Other Companies
Frequently Asked Questions
- What is Ellington Financial Inc.'s income tax?
- Ellington Financial Inc. (EFC) reported income tax of $966K in Q1 2026.
- How has Ellington Financial Inc.'s income tax changed year-over-year?
- Ellington Financial Inc.'s income tax increased by 1106.3% year-over-year, from -$96K to $966K.
- What is the long-term trend for Ellington Financial Inc.'s income tax?
- Over 4 years (2021 to 2025), Ellington Financial Inc.'s income tax has grown at a 4.8% compound annual growth rate (CAGR), from $3.14M to $3.79M.
- What does income tax mean?
- The total tax cost recognized for the period.