Corvex Tax Credit Carryforward Valuation Allowance increased by 8.0% to $30.74M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.0%, from $28.48M to $30.74M. Over 4 years (FY 2021 to FY 2025), Tax Credit Carryforward Valuation Allowance shows an upward trend with a 35.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase signals management's reduced confidence in utilizing tax credits, while a decrease suggests improved prospects for tax savings.
This is a contra-asset account established against deferred tax assets related to tax credit carryforwards when it is mo...
Varies significantly based on profitability and tax jurisdiction; peers with stable earnings typically maintain lower valuation allowances.
tax_credit_carryforward_valuation_allowance| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $9.02M | $16.02M | $23.10M | $28.48M | $30.74M |
| QoQ Change | — | +77.6% | +44.2% | +23.3% | +8.0% |
| YoY Change | — | +77.6% | +44.2% | +23.3% | +8.0% |