FTC Solar (FTCI) Deferred Taxes (2020 - 2026)
FTC Solar (FTCI) reported Deferred Taxes of $178000.0 for Q1 2026, down 58.22% on a YoY basis from $426000.0 in Q1 2025, and up 187.25% quarter-over-quarter from -$204000.0 in Q4 2025.
FTC Solar (FTCI) Deferred Taxes (2020 - 2026) Analysis & Trends
FTC Solar has reported Deferred Taxes for 7 years, with the latest figure at $178000.0 in Q1 2026.
- For the quarter ending Q1 2026, Deferred Taxes fell 58.22% year-over-year to $178000.0; the trailing twelve-month figure through Mar 2026 stood at -$27000.0 (down 109.51% YoY), and the FY2025 full-year result was $221000.0, up 166.27% from the prior year.
- Deferred Taxes for Q1 2026 stood at $178000.0, up from -$204000.0 in the prior quarter.
- The five-year high for Deferred Taxes was $426000.0 in Q1 2025, with the low at -$331000.0 in Q3 2022.
- Historically, Deferred Taxes has averaged $34642.9 across 5 years, with a median of -$1500.0 in 2024.
- The largest YoY upside for Deferred Taxes was 111.18% in 2023 against a maximum downside of 142.35% in 2023.
- FTC Solar's Deferred Taxes stood at $196000.0 in 2022, then slumped by 142.35% to -$83000.0 in 2023, then slumped by 65.06% to -$137000.0 in 2024, then plunged by 48.91% to -$204000.0 in 2025, then soared by 187.25% to $178000.0 in 2026.
- The last three Deferred Taxes figures came in at $178000.0 (Q1 2026), -$204000.0 (Q4 2025), and -$1000.0 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | -15.71 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -3.13 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 7.07 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -89,000.00 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -1.60 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | - |
| 10 | FTC Solar | 68.50 Mn | 62.86 Mn | -1.23 Mn | 178,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 178,000.00 |
| Dec 31, 2025 | -204,000.00 |
| Jun 30, 2025 | -1,000.00 |
| Mar 31, 2025 | 426,000.00 |
| Dec 31, 2024 | -137,000.00 |
| Sep 30, 2024 | -3,000.00 |
| Jun 30, 2024 | -2,000.00 |
| Mar 31, 2024 | 225,000.00 |
| Dec 31, 2023 | -83,000.00 |
| Sep 30, 2023 | 37,000.00 |
| Jun 30, 2023 | -32,000.00 |
| Mar 31, 2023 | 216,000.00 |
| Dec 31, 2022 | 196,000.00 |
| Sep 30, 2022 | -331,000.00 |
| Jun 30, 2021 | 20,000.00 |
| Mar 31, 2021 | -20,000.00 |
| Dec 31, 2020 | -1,000.00 |
| Jun 30, 2020 | 1,000.00 |
| Mar 31, 2020 | -3,000.00 |