RBC Bearings R&D credit carryforward decreased by 91.6% to $1.80M in Q1 2026 compared to the prior quarter. Over 3 years (FY 2023 to FY 2026), R&D credit carryforward shows a downward trend with a -39.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase reflects sustained investment in R&D, providing a future benefit that can lower the effective tax rate.
This represents the value of research and development tax credits that have been earned but not yet utilized to offset t...
High in innovation-heavy sectors; peers with aggressive R&D spending will typically show higher credit balances.
other_deferred_tax_assets_tax_credit_carryforwards_research| Q4 '23 | Q4 '24 | Q4 '25 | Q4 '26 | |
|---|---|---|---|---|
| Value | $8.10M | $16.40M | $21.50M | $1.80M |
| QoQ Change | — | +102.5% | +31.1% | -91.6% |
| YoY Change | — | +102.5% | +31.1% | -91.6% |