KBR KBR Tax Credit Carryforward Valuation Allowance
Tax Credit Carryforward Valuation Allowance at other companies
Other financials
Where this comes from
Reported directly by KBR in its filing.
Tagged under the XBRL concept us-gaap:DeferredTaxAssetsValuationAllowance.
The source filing: KBR’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 11:17 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001357615-26-000141
The valuation allowance for deferred tax assets as of April 3, 2026 and January 2, 2026 was $123 million and $124 million, respectively. The remaining valuation allowance is primarily related to foreign tax credit carryforwards and foreign and state net operating loss carryforwards that, in the judgment of management, do not meet the more likely than not realization threshold. The ultimate realization of deferred tax assets is dependent on the generation of future taxable income, in the appropriate character and source, during the periods in which those temporary differences become deductible or within the remaining carryforward period. Management considers the scheduled reversal of deferred tax liabilities (including the impact of available carryback and carryforward periods), projected future taxable income and tax-planning strategies in making this assessment.
Item 1. F
FAQ
- What is KBR's tax credit carryforward valuation allowance?
- KBR (KBR) reported tax credit carryforward valuation allowance of $123M in Q1 2026.
- How has KBR's tax credit carryforward valuation allowance changed year-over-year?
- KBR's tax credit carryforward valuation allowance decreased by 12.8% year-over-year, from $141M to $123M.
- What is the long-term trend for KBR's tax credit carryforward valuation allowance?
- Over 5 years (2020 to 2025), KBR's tax credit carryforward valuation allowance has grown at a -10.8% compound annual growth rate (CAGR), from $220M to $124M.
- What does tax credit carryforward valuation allowance mean?
- This is a contra-asset account that reduces the carrying value of tax credit carryforwards when it is more likely than not that some or all of the credits will not be realized. It reflects management's assessment of the company's ability to generate sufficient future taxable income. A high allowance suggests uncertainty regarding the realization of tax benefits.
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