FTC Solar (FTCI) Deferred Taxes (2020 - 2026)
FTC Solar's (FTCI) quarterly Deferred Taxes came in at $29000.0 in Q2 2026, up 3000.0% on a YoY basis from $935.48 in Q2 2025, and down 83.71% quarter-over-quarter from $178000.0 in Q1 2026.
Analysis
FTC Solar (FTCI) Deferred Taxes (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has reported Deferred Taxes for 7 consecutive years, with $29000.0 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Deferred Taxes rose 3000.0% year-over-year to $29000.0; the trailing twelve-month figure through Jun 2026 stood at $3000.0 (down 98.95% YoY), and the FY2025 full-year result was $221000.0, up 166.27% from the prior year.
- Deferred Taxes retreated to $29000.0 in Q2 2026 per FTCI's latest filing, from $178000.0 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.
- Historically, Deferred Taxes has averaged $34266.7 across 5 years, with a median of -$1000.0 in 2025.
- The sharpest annual moves came in 2023 and 2026: Deferred Taxes slumped 142.35% in 2023, then soared 3000.0% in 2026.
- Over 5 years, Deferred Taxes stood at $196000.0 in 2022, then plunged by 142.35% to -$83000.0 in 2023, then plunged by 65.06% to -$137000.0 in 2024, then slumped by 48.91% to -$204000.0 in 2025, then jumped by 114.22% to $29000.0 in 2026.
- According to Business Quant data, Deferred Taxes over the past three periods registered $29000.0, $178000.0, and -$204000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 3.83 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 21.20 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | - |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 302,000.00 |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 3.36 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | - |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | -1.04 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | - |
| 10 | FTC Solar | 36.75 Mn | 25.68 Mn | -2.23 Mn | 29,000.00 |
Historic Data
Download Data
Historic 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 |