FTC Solar (FTCI) Tax Provisions (2020 - 2026)
FTC Solar (FTCI) recorded Tax Provisions of $220,000 in Q2 2026, up 450.0% from $40,000 a year earlier and up 10.0% from the prior quarter.
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Analysis
FTC Solar (FTCI) Tax Provisions (2020 - 2026) Analysis & Trends
On a TTM basis, FTC Solar's Tax Provisions came in at $649,000 as of Jun 30, 2026, up 38.7% year-over-year; for FY2025, it was $525,000, up 128.3% from FY2024.
- Across earlier years, Tax Provisions came in at $230,000 in FY2024, -$338,000 in FY2023, $435,000 in FY2022 (+157.4%) and $169,000 in FY2021.
- The Q2 2026 figure is the highest quarterly Tax Provisions since Q1 2025.
- On a year-over-year basis, Tax Provisions rose in two of the last five quarters, with growth averaging 69.5%.
- Peak year-over-year performance for Tax Provisions in the last five years was growth of 450.0% in Q2 2026, against a decline of 82.0% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $200,000 (Q1 2026), $185,000 (Q4 2025) and $44,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 276.00 Mn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 1.50 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 36.81 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 24.50 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 46.70 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 33.57 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 18.56 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 25.82 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 3.20 Mn |
| 10 | FTC Solar | 35.38 Mn | -26.81 Mn | -2.23 Mn | 220,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 220,000.00 |
| Mar 31, 2026 | 200,000.00 |
| Dec 31, 2025 | 185,000.00 |
| Sep 30, 2025 | 44,000.00 |
| Jun 30, 2025 | 40,000.00 |
| Mar 31, 2025 | 254,000.00 |
| Dec 31, 2024 | -70,000.00 |
| Sep 30, 2024 | 244,000.00 |
| Jun 30, 2024 | 70,000.00 |
| Mar 31, 2024 | -11,000.00 |
| Dec 31, 2023 | -518,000.00 |
| Sep 30, 2023 | 170,000.00 |
| Jun 30, 2023 | -122,000.00 |
| Mar 31, 2023 | 131,000.00 |
| Dec 31, 2022 | 415,000.00 |
| Sep 30, 2022 | -151,000.00 |
| Jun 30, 2022 | 90,000.00 |
| Mar 31, 2022 | 80,000.00 |
| Dec 31, 2021 | 29,000.00 |
| Sep 30, 2021 | 41,000.00 |
API Access
FTC Solar Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=FTCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "FTCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=FTCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();