FTC Solar FTCI
NASDAQ FTCI
$2.31 -0.03 (-1.28%)
At close: Sep 10, 2026 · 4:00 PM EDT

FTC Solar (FTCI) Tax Provisions (2020 - 2026)

FTC Solar's (FTCI) quarterly Tax Provisions came in at $220000.0 in Q2 2026, up 450.0% on a YoY basis from $40000.0 in Q2 2025, and up 10.0% quarter-over-quarter from $200000.0 in Q1 2026.

Analysis

FTC Solar (FTCI) Tax Provisions (2020 - 2026) Analysis & Trends

FTC Solar (FTCI) has reported Tax Provisions for 7 consecutive years, with $220000.0 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Tax Provisions rose 450.0% year-over-year to $220000.0; the trailing twelve-month figure through Jun 2026 stood at -$16.5 million (down 66.08% YoY), and the FY2025 full-year result was -$16.6 million, down 63.41% from the prior year.
  • Tax Provisions advanced to $220000.0 in Q2 2026 per FTCI's latest filing, from $200000.0 in the prior quarter.
  • Across five years, Tax Provisions topped out at $254000.0 in Q1 2025 and bottomed at -$20.8 million in Q4 2022.
  • Historically, Tax Provisions has averaged -$3.2 million across 5 years, with a median of $57000.0 in 2024.
  • The sharpest annual moves came in 2022 and 2025: Tax Provisions sank 468.29% in 2022, then surged 2409.09% in 2025.
  • Over 5 years, Tax Provisions stood at -$20.8 million in 2022, then surged by 48.14% to -$10.8 million in 2023, then gained by 3.26% to -$10.5 million in 2024, then sank by 61.98% to -$16.9 million in 2025, then soared by 101.3% to $220000.0 in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered $220000.0, $200000.0, and -$16.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 First Solar 22.26 Bn 20.53 Bn 605.00 Mn 36.81 Mn
2 Nextpower 12.25 Bn 11.04 Bn 335.85 Mn 33.57 Mn
3 Enphase Energy 4.86 Bn 3.93 Bn 175.01 Mn 25.82 Mn
4 Solaredge Technologies 2.25 Bn 1.67 Bn 95.15 Mn 2.33 Mn
5 T1 Energy 1.29 Bn 1.08 Bn 49.10 Mn 781,000.00
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 -16.34 Mn
8 Array Technologies 700.09 Mn 392.79 Mn 99.60 Mn 7.40 Mn
9 JinkoSolar Holding 608.82 Mn -2.07 Bn 75.62 Mn 24.12 Mn
10 FTC Solar 36.75 Mn 25.68 Mn -2.23 Mn 220,000.00
Historic Data

Historic Data

Download Data
DateValue
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 40,000.00
Mar 31, 2025 254,000.00
Dec 31, 2024 -10.46 Mn
Sep 30, 2024 244,000.00
Jun 30, 2024 70,000.00
Mar 31, 2024 -11,000.00
Dec 31, 2023 -10.81 Mn
Sep 30, 2023 170,000.00
Jun 30, 2023 -122,000.00
Mar 31, 2023 131,000.00
Dec 31, 2022 -20.85 Mn
Sep 30, 2022 -151,000.00
Jun 30, 2022 90,000.00
Mar 31, 2022 80,000.00
Dec 31, 2021 -22.49 Mn
Sep 30, 2021 41,000.00