Penalties and interest accrued on unrecognized tax benefits
Fabrinet Penalties and interest accrued on unrecognized tax benefits increased by 10.0% to $4.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 91.3%, from $2.30M to $4.40M. Over 4 years (FY 2021 to FY 2025), Penalties and interest accrued on unrecognized tax benefits shows an upward trend with a 25.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase indicates higher tax uncertainty or aggressive tax planning, while a decrease suggests resolution of tax audits or lower risk exposure.
Detailed definition
The cumulative amount of penalties and interest accrued related to tax positions that do not meet the threshold for reco...
Peer comparison
Commonly disclosed by large financial institutions; high values relative to equity may signal aggressive tax accounting.
other_unrecognized_tax_benefits_income_tax_penalties_and_f243c1Historical 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 | $900.00K | $1.10M | $1.30M | $1.50M | $1.60M | $800.00K | $800.00K | $900.00K | $1.50M | $1.40M | $2.50M | $1.20M | $1.30M | $2.00M | $2.30M | $2.30M | $2.20M | $2.60M | $4.00M | $4.40M |
| QoQ Change | — | +22.2% | +18.2% | +15.4% | +6.7% | -50.0% | +0.0% | +12.5% | +66.7% | -6.7% | +78.6% | -52.0% | +8.3% | +53.8% | +15.0% | +0.0% | -4.3% | +18.2% | +53.8% | +10.0% |
| YoY Change | — | — | — | — | +77.8% | -27.3% | -38.5% | -40.0% | -6.3% | +75.0% | +212.5% | +33.3% | -13.3% | +42.9% | -8.0% | +91.7% | +69.2% | +30.0% | +73.9% | +91.3% |
Penalties and interest accrued on unrecognized tax benefits at Other Companies
Frequently Asked Questions
- What is Fabrinet's penalties and interest accrued on unrecognized tax benefits?
- Fabrinet (FN) reported penalties and interest accrued on unrecognized tax benefits of $4.40M in Q1 2026.
- How has Fabrinet's penalties and interest accrued on unrecognized tax benefits changed year-over-year?
- Fabrinet's penalties and interest accrued on unrecognized tax benefits increased by 91.3% year-over-year, from $2.30M to $4.40M.
- What is the long-term trend for Fabrinet's penalties and interest accrued on unrecognized tax benefits?
- Over 4 years (2021 to 2025), Fabrinet's penalties and interest accrued on unrecognized tax benefits has grown at a 25.0% compound annual growth rate (CAGR), from $900.00K to $2.20M.
- What does penalties and interest accrued on unrecognized tax benefits mean?
- Accrued costs for potential tax penalties and interest on uncertain tax positions.