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
DateValue
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