Current Liabilities
Income Taxes Payable
RBC Bearings Income Taxes Payable increased by 27.4% to $9.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 16.2%, from $11.10M to $9.30M. Over 5 years (FY 2021 to FY 2026), Income Taxes Payable shows an upward trend with a 26.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ4 2026May 15, 2026
How to read this metric
An increase often reflects higher taxable income, while a decrease may indicate tax payments made or lower taxable earnings.
Detailed definition
This represents the current portion of income tax obligations owed to various government taxing authorities based on tax...
Peer comparison
Common across all profitable corporations, varying based on effective tax rates and jurisdictional tax laws.
Metric ID:
income_taxes_payableHistorical Data
16 periods
| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $11.70M | $26.53M | $8.45M | $8.05M | $17.50M | $12.50M | $11.90M | $23.10M | $35.20M | $8.30M | $5.40M | $11.10M | $32.00M | $6.00M | $7.30M | $9.30M |
| QoQ Change | — | +126.8% | -68.2% | -4.7% | +117.3% | -28.6% | -4.8% | +94.1% | +52.4% | -76.4% | -34.9% | +105.6% | +188.3% | -81.3% | +21.7% | +27.4% |
| YoY Change | — | — | — | — | +49.6% | +48.0% | +47.8% | +32.0% | — | -33.6% | -54.6% | -51.9% | -9.1% | -27.7% | +35.2% | -16.2% |
Range$5.40M – $35.20M
CAGR-5.9%
Avg YoY Growth+1.8%
Median YoY Growth-9.1%
Current Streak2 quarters growth
Income Taxes Payable at Other Companies
Frequently Asked Questions
- What is RBC Bearings's income taxes payable?
- RBC Bearings (RBC) reported income taxes payable of $9.30M in Q1 2026.
- How has RBC Bearings's income taxes payable changed year-over-year?
- RBC Bearings's income taxes payable decreased by 16.2% year-over-year, from $11.10M to $9.30M.
- What is the long-term trend for RBC Bearings's income taxes payable?
- Over 5 years (2021 to 2026), RBC Bearings's income taxes payable has grown at a 26.3% compound annual growth rate (CAGR), from $2.90M to $9.30M.
- What does income taxes payable mean?
- The amount of income tax the company owes to government authorities for the current period.