Current Liabilities
Income Taxes Payable
Reliance Income Taxes Payable increased by 328.1% to $41.10M in Q1 2026 compared to the prior quarter.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 29, 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
9 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q1 '23 | Q2 '23 | Q1 '24 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $17.90M | $36.50M | $64.30M | $141.30M | $66.40M | $21.20M | $46.90M | $9.60M | $41.10M |
| QoQ Change | — | +103.9% | +76.2% | +119.8% | -53.0% | -68.1% | +121.2% | -79.5% | +328.1% |
| YoY Change | — | — | — | — | -53.0% | — | -29.4% | — | — |
Range$9.60M – $141.30M
CAGR+51.5%
Avg YoY Growth-41.2%
Median YoY Growth-41.2%
Income Taxes Payable at Other Companies
Frequently Asked Questions
- What is Reliance's income taxes payable?
- Reliance (RS) reported income taxes payable of $41.10M in Q1 2026.
- What does income taxes payable mean?
- The amount of income tax the company owes to government authorities for the current period.