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| Date | Value |
|---|---|
| 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 |