Other
Changes in unrecognized tax benefits
WEC Energy Group Changes in unrecognized tax benefits decreased by 100.0% to $0.00 in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 100.0%, from $100.00K to $0.00. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026May 7, 2026
How to read this metric
A decrease in reserves may signal the resolution of tax audits or a reduction in tax-related legal risk.
Detailed definition
Represents the net change in reserves for uncertain tax positions, often referred to as unrecognized tax benefits. This...
Peer comparison
Standard disclosure under ASC 740 for companies with complex tax structures.
Metric ID:
other_income_tax_reconciliation_tax_contingenciesHistorical Data
10 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$450.00K | -$450.00K | -$450.00K | -$450.00K | -$100.00K | -$100.00K | -$100.00K | -$100.00K | $100.00K | $0.00 |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +77.8% | +0.0% | +0.0% | +0.0% | +200.0% | -100.0% |
| YoY Change | — | — | — | — | +77.8% | +77.8% | +77.8% | +77.8% | +200.0% | -100.0% |
Range-$450.00K – $100.00K
CAGR-100.0%
Avg YoY Growth+68.5%
Median YoY Growth+77.8%
Changes in unrecognized tax benefits at Other Companies
Frequently Asked Questions
- What is WEC Energy Group's changes in unrecognized tax benefits?
- WEC Energy Group (WEC) reported changes in unrecognized tax benefits of $0.00 in Q1 2026.
- How has WEC Energy Group's changes in unrecognized tax benefits changed year-over-year?
- WEC Energy Group's changes in unrecognized tax benefits decreased by 100.0% year-over-year, from $100.00K to $0.00.
- What does changes in unrecognized tax benefits mean?
- The net change in the company's reserves for potential tax disputes or uncertain tax positions.