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% YoY from $1.1 million in Q2 2025, and up 124.39% on a QoQ basis from -$15.7 million in Q1 2026.
First Solar (FSLR) Deferred Taxes (2014 - 2026) Analysis & Trends
First Solar (FSLR) has 13 years of Deferred Taxes data on file, last reported at $3.8 million in Q2 2026.
- Quarterly Deferred Taxes rose 241.75% year-over-year to $3.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $7.9 million (down 17.19% YoY) and the FY2025 annual result came in at $25.6 million, up 146.77% from the prior year.
- Deferred Taxes improved to $3.8 million in Q2 2026, from -$15.7 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $30.6 million in Q4 2024 to a low of -$55.3 million in Q1 2023.
- A 5-year average of -$6.4 million and a median of -$2.2 million in 2023 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2023 — Deferred Taxes tumbled 5204.52% — and 2024, when it jumped 307.24%.
- Tracing FSLR's Deferred Taxes over 5 years: stood at -$8.2 million in 2022, then plunged by 80.02% to -$14.8 million in 2023, then jumped by 307.24% to $30.6 million in 2024, then sank by 102.83% to -$866000.0 in 2025, then soared by 542.38% to $3.8 million in 2026.
- The last three Deferred Taxes figures came in at $3.8 million (Q2 2026), -$15.7 million (Q1 2026), and -$866000.0 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 3.83 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 21.20 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 1.96 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 3.36 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | - |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | -1.04 Mn |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | - |
Historic Data
Download 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 |