First Solar (FSLR) Deferred Taxes (2014 - 2026)
First Solar's (FSLR) quarterly Deferred Taxes came in at $3.8 million in Q2 2026, up 241.75% on a YoY basis from $1.1 million in Q2 2025, and up 124.39% quarter-over-quarter from -$15.7 million in Q1 2026.
Analysis
First Solar (FSLR) Deferred Taxes (2014 - 2026) Analysis & Trends
First Solar (FSLR) has reported Deferred Taxes for 13 consecutive years, with $3.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Deferred Taxes rose 241.75% year-over-year to $3.8 million; the trailing twelve-month figure through Jun 2026 stood at $7.9 million (down 17.19% YoY), and the FY2025 full-year result was $25.6 million, up 146.77% from the prior year.
- Deferred Taxes advanced to $3.8 million in Q2 2026 per FSLR's latest filing, from -$15.7 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $30.6 million in Q4 2024 and bottomed at -$55.3 million in Q1 2023.
- Historically, Deferred Taxes has averaged -$6.4 million across 5 years, with a median of -$2.2 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Deferred Taxes plunged 5204.52% in 2023, then surged 307.24% in 2024.
- Over 5 years, Deferred Taxes stood at -$8.2 million in 2022, then slumped by 80.02% to -$14.8 million in 2023, then soared by 307.24% to $30.6 million in 2024, then tumbled by 102.83% to -$866000.0 in 2025, then surged by 542.38% to $3.8 million in 2026.
- According to Business Quant data, Deferred Taxes over the past three periods registered $3.8 million, -$15.7 million, and -$866000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 3.83 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 21.20 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | - |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 302,000.00 |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 3.36 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | - |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | -1.04 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | - |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.83 Mn |
| Mar 31, 2026 | -15.71 Mn |
| Dec 31, 2025 | -866,000.00 |
| Sep 30, 2025 | 20.62 Mn |
| Jun 30, 2025 | 1.12 Mn |
| Mar 31, 2025 | 4.74 Mn |
| Dec 31, 2024 | 30.59 Mn |
| Sep 30, 2024 | -26.94 Mn |
| Jun 30, 2024 | -29.37 Mn |
| Mar 31, 2024 | -29.03 Mn |
| Dec 31, 2023 | -14.76 Mn |
| Sep 30, 2023 | -3.45 Mn |
| Jun 30, 2023 | 12.68 Mn |
| Mar 31, 2023 | -55.28 Mn |
| Dec 31, 2022 | -8.20 Mn |
| Sep 30, 2022 | 976,000.00 |
| Jun 30, 2022 | -6.66 Mn |
| Mar 31, 2022 | 1.08 Mn |
| Dec 31, 2021 | 63.30 Mn |
| Sep 30, 2021 | -1.13 Mn |