FTC Solar (FTCI) Deferred Taxes (2020 - 2026)
FTC Solar posted quarterly Deferred Taxes of $178000.0 for Q1 2026, down 58.22% year-on-year from $426000.0 in Q1 2025, and up 187.25% on a QoQ basis from -$204000.0 in Q4 2025.
FTC Solar (FTCI) has 7 years of Deferred Taxes data on file, last reported 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.
- Across five years, Deferred Taxes topped out at $426000.0 in Q1 2025 and bottomed at -$331000.0 in Q3 2022.
- The 5-year median for Deferred Taxes is -$1500.0 (2024), against an average of $34642.9.
- Peak annual rise in Deferred Taxes reached 111.18% in 2023, while the deepest fall reached 142.35% in 2023.
- A 5-year view of Deferred Taxes shows it stood at $196000.0 in 2022, then sank by 142.35% to -$83000.0 in 2023, then sank by 65.06% to -$137000.0 in 2024, then tumbled by 48.91% to -$204000.0 in 2025, then jumped 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | -15.71 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | - |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -3.13 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 7.07 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -89,000.00 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -1.60 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | FTC Solar | 73.33 Mn | 67.69 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 |