FTC Solar (FTCI) Tax Provisions (2020 - 2026)
FTC Solar (FTCI) reported Tax Provisions of $200000.0 for Q1 2026, down 21.26% on a YoY basis from $254000.0 in Q1 2025, and up 655.56% quarter-over-quarter from -$36000.0 in Q4 2025.
FTC Solar (FTCI) Tax Provisions (2020 - 2026) Analysis & Trends
FTC Solar has reported Tax Provisions for 7 years, with the latest figure at $200000.0 in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 21.26% year-over-year to $200000.0; the trailing twelve-month figure through Mar 2026 stood at $248000.0 (down 49.49% YoY), and the FY2025 full-year result was $304000.0, up 32.17% from the prior year.
- Tax Provisions for Q1 2026 stood at $200000.0, up from -$36000.0 in the prior quarter.
- The five-year high for Tax Provisions was $420000.0 in Q4 2022, with the low at -$435000.0 in Q4 2023.
- Historically, Tax Provisions has averaged $53411.8 across 5 years, with a median of $65000.0 in 2024.
- Annual changes were most pronounced in 2022 — Tax Provisions plunged 465.85% — and 2025, when it jumped 2409.09%.
- FTC Solar's Tax Provisions stood at $420000.0 in 2022, then plunged by 203.57% to -$435000.0 in 2023, then surged by 84.37% to -$68000.0 in 2024, then soared by 47.06% to -$36000.0 in 2025, then jumped by 655.56% to $200000.0 in 2026.
- The last three Tax Provisions figures came in at $200000.0 (Q1 2026), -$36000.0 (Q4 2025), and $44000.0 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 7.72 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 9.03 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -6.45 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 1.29 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 7.07 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -89,000.00 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 2.10 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 54.98 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -164,000.00 |
| 10 | FTC Solar | 68.50 Mn | 62.86 Mn | -1.23 Mn | 200,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 200,000.00 |
| Dec 31, 2025 | -36,000.00 |
| Sep 30, 2025 | 44,000.00 |
| Jun 30, 2025 | 40,000.00 |
| Mar 31, 2025 | 254,000.00 |
| Dec 31, 2024 | -68,000.00 |
| Sep 30, 2024 | 240,000.00 |
| Jun 30, 2024 | 65,000.00 |
| Mar 31, 2024 | -11,000.00 |
| Dec 31, 2023 | -435,000.00 |
| Sep 30, 2023 | 166,000.00 |
| Jun 30, 2023 | -122,000.00 |
| Mar 31, 2023 | 131,000.00 |
| Dec 31, 2022 | 420,000.00 |
| Sep 30, 2022 | -150,000.00 |
| Jun 30, 2022 | 90,000.00 |
| Mar 31, 2022 | 80,000.00 |
| Dec 31, 2021 | 32,000.00 |
| Sep 30, 2021 | 41,000.00 |
| Jun 30, 2021 | 115,000.00 |