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

FTC Solar (FTCI) posted Tax Provisions of $200000.0 for Q1 2026, up 101.18% on a QoQ basis from -$16.9 million in Q4 2025, and down 20.0% year-over-year from $250000.0 in Q1 2025.

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

FTC Solar's Tax Provisions history runs 7 years deep, the most recent figure standing at $200000.0 for 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 was $200000.0 for Q1 2026 at FTC Solar, up from -$16.9 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $415000.0 in Q4 2022 and bottomed at -$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.
  • Peak annual rise in Tax Provisions reached 2372.73% in 2025, while the deepest fall reached 24808.82% in 2025.
  • FTC Solar's Tax Provisions stood at $415000.0 in 2022, then slumped by 223.61% to -$513000.0 in 2023, then jumped by 86.74% to -$68000.0 in 2024, then slumped by 24808.82% to -$16.9 million in 2025, then jumped by 101.18% to $200000.0 in 2026.
  • Business Quant data shows FTCI's Tax Provisions at $200000.0 in Q1 2026, -$16.9 million in Q4 2025, and $44000.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 7.72 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 9.03 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -6.50 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 54.98 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 1.29 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 7.07 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -89,000.00
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 4.18 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 2.13 Mn
10 FTC Solar 48.88 Mn 43.25 Mn -1.23 Mn 200,000.00

Historic Data

Download Data
DateValue
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
Jun 30, 2021 120,000.00