Increase (Decrease) in Deferred Income Taxes
L3Harris Technologies Increase (Decrease) in Deferred Income Taxes decreased by 116.4% to -$119.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 233.7%, from $89.00M to -$119.00M. Over 3 years (FY 2021 to FY 2025), Increase (Decrease) in Deferred Income Taxes shows a downward trend with a 21.8% CAGR.
Analysis
How to read this metric
An increase suggests tax expenses were recorded but not yet paid, while a decrease indicates the utilization of deferred tax assets or payment of previously deferred liabilities.
Detailed definition
Represents the non-cash impact on operating cash flow resulting from timing differences between financial reporting and...
Peer comparison
Common across all capital-intensive industries; peers often show fluctuations based on tax legislation and capital investment cycles.
operating_increase_decrease_in_deferred_income_taxesHistorical Data
| Q1 '21 | 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 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $22.00M | $129.00M | -$49.00M | $12.00M | $162.00M | $164.00M | $128.00M | $142.00M | $115.00M | $128.00M | $34.00M | $146.00M | $111.00M | $136.00M | -$467.00M | $89.00M | $5.00M | -$245.00M | -$55.00M | -$119.00M |
| QoQ Change | — | +486.4% | -138.0% | +124.5% | >999% | +1.2% | -22.0% | +10.9% | -19.0% | +11.3% | -73.4% | +329.4% | -24.0% | +22.5% | -443.4% | +119.1% | -94.4% | <-999% | +77.6% | -116.4% |
| YoY Change | — | — | — | — | +636.4% | +27.1% | +361.2% | >999% | -29.0% | -22.0% | -73.4% | +2.8% | -3.5% | +6.3% | <-999% | -19.8% | -96.3% | +47.5% | — | -233.7% |
Increase (Decrease) in Deferred Income Taxes at Other Companies
Frequently Asked Questions
- What is L3Harris Technologies's increase (decrease) in deferred income taxes?
- L3Harris Technologies (LHX) reported increase (decrease) in deferred income taxes of -$119.00M in Q1 2026.
- How has L3Harris Technologies's increase (decrease) in deferred income taxes changed year-over-year?
- L3Harris Technologies's increase (decrease) in deferred income taxes decreased by 233.7% year-over-year, from $89.00M to -$119.00M.
- What is the long-term trend for L3Harris Technologies's increase (decrease) in deferred income taxes?
- Over 3 years (2021 to 2025), L3Harris Technologies's increase (decrease) in deferred income taxes has grown at a 21.8% compound annual growth rate (CAGR), from $114.00M to -$206.00M.
- What does increase (decrease) in deferred income taxes mean?
- The change in cash flow caused by differences between when taxes are recorded for accounting and when they are paid to authorities.