FTC Solar (FTCI) Tax Provisions (2020 - 2026)
FTC Solar's (FTCI) quarterly Tax Provisions came in at $200000.0 in Q1 2026, down 20.0% YoY from $250000.0 in Q1 2025, and up 101.18% on a QoQ basis from -$16.9 million in Q4 2025.
FTC Solar (FTCI) Tax Provisions (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has 7 years of Tax Provisions data on file, last reported at $200000.0 in Q1 2026.
- Quarterly Tax Provisions fell 20.0% year-over-year to $200000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$16.7 million (down 3457.86% YoY) and the FY2025 annual result came in at -$16.6 million, down 7317.83% from the prior year.
- Tax Provisions rose to $200000.0 in Q1 2026, from -$16.9 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $415000.0 in Q4 2022 to a low of -$16.9 million in Q4 2025.
- A 5-year average of -$945705.9 and a median of $70000.0 in 2024 frame the typical range for Tax Provisions.
- The widest YoY moves for Tax Provisions: up 2372.73% in 2025, down 24808.82% in 2025.
- Tracing FTCI's Tax Provisions over 5 years: stood at $415000.0 in 2022, then plunged by 223.61% to -$513000.0 in 2023, then surged by 86.74% to -$68000.0 in 2024, then plunged by 24808.82% to -$16.9 million in 2025, then surged by 101.18% to $200000.0 in 2026.
- The last three Tax Provisions figures came in at $200000.0 (Q1 2026), -$16.9 million (Q4 2025), and $44000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 36.81 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 33.57 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 25.82 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | -3.97 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 2.33 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 3.36 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 4.18 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | 54.98 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 7.40 Mn |
| 10 | FTC Solar | 34.18 Mn | 23.11 Mn | -2.23 Mn | 220,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 220,000.00 |
| Mar 31, 2026 | 200,000.00 |
| Dec 31, 2025 | -16.94 Mn |
| Sep 30, 2025 | 44,000.00 |
| Jun 30, 2025 | 39,000.00 |
| Mar 31, 2025 | 250,000.00 |
| Dec 31, 2024 | -68,000.00 |
| Sep 30, 2024 | 244,000.00 |
| Jun 30, 2024 | 70,000.00 |
| Mar 31, 2024 | -11,000.00 |
| Dec 31, 2023 | -513,000.00 |
| Sep 30, 2023 | 166,000.00 |
| Jun 30, 2023 | -122,000.00 |
| Mar 31, 2023 | 131,000.00 |
| Dec 31, 2022 | 415,000.00 |
| Sep 30, 2022 | -150,000.00 |
| Jun 30, 2022 | 90,000.00 |
| Mar 31, 2022 | 76,000.00 |
| Dec 31, 2021 | 32,000.00 |
| Sep 30, 2021 | 41,000.00 |