Tax
Current income tax expense (benefit)
RBC Bearings Current income tax expense (benefit) remained flat by 0.0% to $17.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 23.5%, from $23.13M to $17.70M. Over 4 years (FY 2022 to FY 2026), Current income tax expense (benefit) shows an upward trend with a 31.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ4 2026May 15, 2026
How to read this metric
Reflects the immediate cash impact of tax obligations on the company.
Detailed definition
The total current income tax expense or benefit for the period, representing the amount of taxes expected to be paid to...
Peer comparison
Standard component of the income tax provision.
Metric ID:
cat_current_income_tax_expenseHistorical Data
5 years
| FY'22 | FY'23 | FY'24 | FY'25 | FY'26 | |
|---|---|---|---|---|---|
| Value | $23.80M | $64.40M | $64.20M | $92.50M | $70.80M |
| YoY Change | — | +170.6% | -0.3% | +44.1% | -23.5% |
Range$23.80M – $92.50M
CAGR+31.3%
Avg YoY Growth+47.7%
Median YoY Growth+21.9%
Current income tax expense (benefit) at Other Companies
Frequently Asked Questions
- What is RBC Bearings's current income tax expense (benefit)?
- RBC Bearings (RBC) reported current income tax expense (benefit) of $17.70M in Q1 2026.
- How has RBC Bearings's current income tax expense (benefit) changed year-over-year?
- RBC Bearings's current income tax expense (benefit) decreased by 23.5% year-over-year, from $23.13M to $17.70M.
- What is the long-term trend for RBC Bearings's current income tax expense (benefit)?
- Over 4 years (2022 to 2026), RBC Bearings's current income tax expense (benefit) has grown at a 31.3% compound annual growth rate (CAGR), from $23.80M to $70.80M.
- What does current income tax expense (benefit) mean?
- The total tax amount currently due to or from tax authorities.