What is Forgent Power Solutions 's income taxes payable?

Forgent Power Solutions (FPS) reported income taxes payable of $14.97M in Q1 2026.

What does income taxes payable mean?

The amount of income tax the company owes to government authorities for the current period.

Discontinued — last reported Q2 '22

Forgent Power Solutions Income Taxes Payable decreased by 7.4% to $14.97M in Q1 2026 compared to the prior quarter.

StatementBalance Sheet Statement

SectionCurrent Liabilities

CategoryRisk

SignalContext dependent

VolatilityModerate

First reportedQ3 2017

Last reportedQ2 2022

An increase often reflects higher taxable income, while a decrease may indicate tax payments made or lower taxable earnings.

This represents the current portion of income tax obligations owed to various government taxing authorities based on tax...

Common across all profitable corporations, varying based on effective tax rates and jurisdictional tax laws.

Metric ID: income_taxes_payable

3 periods

	Q2 '25	Q4 '25	Q1 '26
Value	$11.56M	$16.16M	$14.97M
QoQ Change	—	+39.8%	-7.4%

Range$11.56M – $16.16M

What is Forgent Power Solutions 's income taxes payable?: Forgent Power Solutions (FPS) reported income taxes payable of $14.97M in Q1 2026.
What does income taxes payable mean?: The amount of income tax the company owes to government authorities for the current period.