FTC Solar FTCI
NASDAQ FTCI
$2.13 -0.03 (-1.39%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
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 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