Income Tax
Eversource Energy Income Tax increased by 231.0% to $203.33M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.1%, from $165.22M to $203.33M. Over 3 years (FY 2021 to FY 2025), Income Tax shows a downward trend with a -25.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to pre-tax income may signal a higher effective tax rate or changes in tax legislation, while a decrease may indicate tax benefits or lower jurisdictional rates.
Detailed definition
Represents the total provision for income taxes recognized by the company during the reporting period, including both cu...
Peer comparison
Highly dependent on the company's geographic footprint and tax planning strategies compared to peers.
income_tax_expenseHistorical Data
| 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 | $86.39M | $94.09M | $49.76M | $136.05M | $95.60M | $117.66M | $104.27M | $150.97M | $29.92M | $45.85M | $162.53M | $109.25M | $76.54M | $76.36M | $165.22M | $110.61M | -$196.98M | $61.44M | $203.33M |
| QoQ Change | — | +8.9% | -47.1% | +173.4% | -29.7% | +23.1% | -11.4% | +44.8% | -80.2% | +53.2% | +254.5% | -32.8% | -29.9% | -0.2% | +116.4% | -33.1% | -278.1% | +131.2% | +231.0% |
| YoY Change | — | — | — | — | +10.7% | +25.1% | +109.5% | +11.0% | -68.7% | -61.0% | +7.7% | +265.1% | +66.9% | — | +1.7% | +1.2% | -357.4% | -19.5% | +23.1% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Natural Gas Distribution | $23.53M | $23.53M | $23.53M | $74.10M | $14.50M | -$10.00M | $33.60M | $107.20M |
| Electric Distribution | $49.50M | $49.50M | $49.50M | $56.60M | $46.60M | $72.20M | $7.20M | $61.90M |
| Electric Transmission | $64.33M | $64.33M | $64.33M | $68.90M | $74.60M | $66.40M | $56.90M | $61.00M |
| Water Distribution | -$50.00K | -$50.00K | — | — | — | — | — | — |
| Total | $109.25M | $76.54M | $76.36M | $165.22M | $110.61M | -$196.98M | $61.44M | $203.33M |
Electric Distribution, Electric Transmission, Natural Gas Distribution, Water Distribution were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Income Tax at Other Companies
Frequently Asked Questions
- What is Eversource Energy's income tax?
- Eversource Energy (ES) reported income tax of $203.33M in Q1 2026.
- How has Eversource Energy's income tax changed year-over-year?
- Eversource Energy's income tax increased by 23.1% year-over-year, from $165.22M to $203.33M.
- What is the long-term trend for Eversource Energy's income tax?
- Over 3 years (2021 to 2025), Eversource Energy's income tax has grown at a -25.9% compound annual growth rate (CAGR), from $344.22M to $140.29M.
- What does income tax mean?
- The total amount of income tax the company is required to pay on its earnings.