FTC Solar (FTCI) Deferred Taxes (2020 - 2026)
FTC Solar's (FTCI) quarterly Deferred Taxes came in at $178000.0 in Q1 2026, down 58.22% YoY from $426000.0 in Q1 2025, and up 187.25% on a QoQ basis from -$204000.0 in Q4 2025.
FTC Solar (FTCI) Deferred Taxes (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has 7 years of Deferred Taxes data on file, last reported at $178000.0 in Q1 2026.
- Quarterly Deferred Taxes fell 58.22% year-over-year to $178000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$27000.0 (down 109.51% YoY) and the FY2025 annual result came in at $221000.0, up 166.27% from the prior year.
- Deferred Taxes rose to $178000.0 in Q1 2026, from -$204000.0 in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $426000.0 in Q1 2025 to a low of -$331000.0 in Q3 2022.
- A 5-year average of $34642.9 and a median of -$1500.0 in 2024 frame the typical range for Deferred Taxes.
- The widest YoY moves for Deferred Taxes: up 111.18% in 2023, down 142.35% in 2023.
- Tracing FTCI's Deferred Taxes over 5 years: 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 | 23.73 Bn | 22.00 Bn | 605.00 Mn | 3.83 Mn |
| 2 | Nextpower | 13.45 Bn | 12.24 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.23 Bn | 4.30 Bn | 175.01 Mn | 21.20 Mn |
| 4 | Sunrun | 2.25 Bn | 2.25 Bn | 527.54 Mn | 1.96 Mn |
| 5 | Solaredge Technologies | 1.94 Bn | 1.36 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 3.36 Mn |
| 7 | Canadian Solar | 1.02 Bn | -572.71 Mn | 124.40 Mn | - |
| 8 | JinkoSolar Holding | 858.35 Mn | -2.45 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 736.25 Mn | 428.95 Mn | 99.60 Mn | -1.04 Mn |
| 10 | FTC Solar | 34.34 Mn | 23.27 Mn | -2.23 Mn | 29,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29,000.00 |
| 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 |