Nextpower Inc. Tax receivable agreement (TRA) liability increased by 0.4% to $372.66M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.6%, from $394.88M to $372.66M. Over 2 years (FY 2024 to FY 2026), Tax receivable agreement (TRA) liability shows relatively stable performance with a -2.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase indicates higher projected future tax savings that must be shared, while a decrease suggests payments have been made or the underlying tax benefit projections have been revised downward.
This represents the long-term financial obligation arising from a Tax Receivable Agreement, typically established during...
Common in companies that went public via an Up-C structure or private equity-backed IPOs; peers often disclose this as a specific long-term liability.
other_liabilities_relating_to_tax_receivable_agreement| Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $391.57M | $399.05M | $399.05M | $375.00M | $394.88M | $391.94M | $372.46M | $371.18M | $372.66M |
| QoQ Change | — | +1.9% | +0.0% | -6.0% | +5.3% | -0.7% | -5.0% | -0.3% | +0.4% |
| YoY Change | — | — | — | — | +0.8% | -1.8% | -6.7% | -1.0% | -5.6% |