Other

Tax Benefit of Reclassification for Sale of Securities

Nextra Energy Tax Benefit of Reclassification for Sale of Securities increased by 100.0% to $0.00 in Q1 2026 compared to the prior quarter.

Analysis

StatementIncome Statement
SectionOther
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2025
Last reportedQ1 2026Apr 23, 2026

How to read this metric

Fluctuations reflect changes in the tax burden associated with investment portfolio turnover.

Detailed definition

This reflects the income tax expense or benefit associated with the reclassification of realized gains or losses on secu...

Peer comparison

Commonly found in the tax reconciliation notes of financial institutions.

Metric ID: nee_tax_benefit_reclassification_sale_of_securities

Historical Data

2 periods
 Q1 '25Q1 '26
Value-$1.00M$0.00
QoQ Change+100.0%
YoY Change+100.0%
Range-$1.00M$0.00
Avg YoY Growth+100.0%
Median YoY Growth+100.0%

Frequently Asked Questions

What is Nextra Energy's tax benefit of reclassification for sale of securities?
Nextra Energy (NEE) reported tax benefit of reclassification for sale of securities of $0.00 in Q1 2026.
What does tax benefit of reclassification for sale of securities mean?
The tax impact of reclassifying investment gains or losses into the income statement.