What does increase (decrease) in deferred income taxes mean?

This metric represents the net change in deferred tax assets or liabilities resulting from temporary differences between the carrying amount of assets and liabilities for financial reporting and their tax bases. It provides insight into the timing differences between when income or expenses are recognized for accounting purposes versus tax purposes. A significant change can indicate shifts in future tax obligations or the utilization of tax credits.

Gencor Industries GENC Increase (Decrease) in Deferred Income Taxes

Increase (Decrease) in Deferred Income Taxes at other companies

Westwood Holdings GroupWHG

$52K-86.3%

Churchill DownsCHDN

-$19M—

ZymeworksZYME

$2.2M+437%

Gencor IndustriesGENC

$232K—

Bank of the James Financial GroupBOTJ

$39K+657%

Capital City Bank GroupCCBG

-$593K-590%

Other financials

Income statement

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Revenue$33.8M-11.5%

Gross profit$10.7M-5.7%

Operating income$4.2M-34.6%

Net income$3.8M-36.9%

EPS (diluted)$0.26-38.1%

Balance sheet

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Cash & equivalents$43.5M-16.8%

Total debt$156.0K-70.1%

Total equity$219.1M+6.3%

Total assets$237.1M+5.9%

Cash flow

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Operating cash flow$6.9M-44.4%

CapEx$179.0K+27.0%

Free cash flow$6.7M-45.3%

Valuation

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Market cap$218.69M+1.6%

Enterprise value$175.38M-6.6%

P/E16.8×+2.6×

P/S2.1×+0.3×

Profitability

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Gross margin28.3%+1.1pp

Operating margin10.1%-2.2pp

Net margin12.6%+0.6pp

FCF margin10.2%+8.0pp

Returns & leverage

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Return on equity6.1%-0.9pp

Debt / equity0×0.0×

Current ratio14.1×+1.0×

Where this comes from

Reported directly by Gencor Industries in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInDeferredIncomeTaxes.

The official record: Gencor Industries’s 10-Q, filed June 12, 2026, on SEC EDGAR. View the filing →

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What is Gencor Industries's increase (decrease) in deferred income taxes?: Gencor Industries (GENC) reported increase (decrease) in deferred income taxes of $232K in Q1 2026.
What does increase (decrease) in deferred income taxes mean?: This metric represents the net change in deferred tax assets or liabilities resulting from temporary differences between the carrying amount of assets and liabilities for financial reporting and their tax bases. It provides insight into the timing differences between when income or expenses are recognized for accounting purposes versus tax purposes. A significant change can indicate shifts in future tax obligations or the utilization of tax credits.