Tax
Current State and Local Tax Expense (Benefit)
RBC Bearings Current State and Local Tax Expense (Benefit) remained flat by 0.0% to $2.93M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.2%, from $2.38M to $2.93M. Over 4 years (FY 2022 to FY 2026), Current State and Local Tax Expense (Benefit) shows an upward trend with a 45.6% CAGR.
Analysis
StatementIncome Statement
SectionTax
First reportedQ1 2018
Last reportedQ4 2026May 15, 2026
Metric ID:
glw_current_state_local_taxHistorical Data
5 years
| FY'22 | FY'23 | FY'24 | FY'25 | FY'26 | |
|---|---|---|---|---|---|
| Value | $2.60M | $7.50M | $5.90M | $9.50M | $11.70M |
| YoY Change | — | +188.5% | -21.3% | +61.0% | +23.2% |
Range$2.60M – $11.70M
CAGR+45.6%
Avg YoY Growth+62.8%
Median YoY Growth+42.1%
Current Streak2 years growth
Current State and Local Tax Expense (Benefit) at Other Companies
Frequently Asked Questions
- What is RBC Bearings's current state and local tax expense (benefit)?
- RBC Bearings (RBC) reported current state and local tax expense (benefit) of $2.93M in Q1 2026.
- How has RBC Bearings's current state and local tax expense (benefit) changed year-over-year?
- RBC Bearings's current state and local tax expense (benefit) increased by 23.2% year-over-year, from $2.38M to $2.93M.
- What is the long-term trend for RBC Bearings's current state and local tax expense (benefit)?
- Over 4 years (2022 to 2026), RBC Bearings's current state and local tax expense (benefit) has grown at a 45.6% compound annual growth rate (CAGR), from $2.60M to $11.70M.