Fortis (FORFF) Deferred Taxes (2015 - 2026)

Fortis (FORFF) has reported Deferred Taxes for 12 consecutive years, with $24.6 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Deferred Taxes fell 41.28% year-over-year to $24.6 million; the trailing twelve-month figure through Jun 2026 stood at $140.6 million (down 14.02% YoY), and the FY2025 full-year result was $180.7 million, up 63.92% from the prior year.
• Deferred Taxes grew to $24.6 million in Q2 2026 per FORFF's latest filing, from $22.6 million in the prior quarter.
• Across five years, Deferred Taxes topped out at $122.8 million in Q3 2025 and bottomed at -$29.4 million in Q4 2025.
• Historically, Deferred Taxes has averaged $38.0 million across 5 years, with a median of $23.8 million in 2023.
• The sharpest annual moves came in 2023 and 2025: Deferred Taxes surged 1121.4% in 2023, then plunged 356.34% in 2025.
• Over 5 years, Deferred Taxes stood at $5.9 million in 2022, then soared by 1121.4% to $72.0 million in 2023, then plunged by 108.95% to -$6.4 million in 2024, then slumped by 356.34% to -$29.4 million in 2025, then surged by 183.6% to $24.6 million in 2026.
• According to Business Quant data, Deferred Taxes over the past three periods registered $24.6 million, $22.6 million, and -$29.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.