ReNew Energy Global (RNW) Change in Taxes (2021 - 2026)
ReNew Energy Global (RNW) posted quarterly Change in Taxes of -$26.0 million for Q1 2026, up 16.13% year-over-year from -$22.4 million in Q1 2025, and down 273.33% quarter-over-quarter from $15.0 million in Q2 2025.
Analysis
ReNew Energy Global (RNW) Change in Taxes (2021 - 2026) Analysis & Trends
ReNew Energy Global (RNW) has reported Change in Taxes for 6 consecutive years, with -$26.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Taxes rose 16.13% year-over-year to -$26.0 million; the TTM figure through Mar 2026 stood at -$23.9 million (up 50.11% YoY), while the FY2026 annual figure was -$43.0 million, down 65.38% from the prior year.
- Change in Taxes slipped to -$26.0 million in Q1 2026 per RNW's latest filing, from $15.0 million in the prior quarter.
- Across five years, Change in Taxes topped out at $18.1 million in Q2 2024 and bottomed at -$34.0 million in Q1 2024.
- Historically, Change in Taxes has averaged -$5.3 million across 5 years, with a median of -$1.0 million in 2023.
- On a YoY basis, Change in Taxes climbed as much as 1005.07% in 2024 and fell as far as 188888788.89% in 2024.
- ReNew Energy Global's Change in Taxes stood at -$3.0 in 2022, then tumbled by 33333233.33% to -$1.0 million in 2023, then soared by 1910.14% to $18.1 million in 2024, then fell by 17.13% to $15.0 million in 2025, then plunged by 273.33% to -$26.0 million in 2026.
- Business Quant data shows RNW's Change in Taxes at -$26.0 million in Q1 2026, $15.0 million in Q2 2025, and -$31.0 million in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 30.72 Bn | 28.40 Bn | 2.59 Bn | - |
| 2 | Enlight Renewable Energy | 9.46 Bn | 8.16 Bn | 117.49 Mn | -3.77 Mn |
| 3 | Ormat Technologies | 6.42 Bn | 5.77 Bn | 68.70 Mn | - |
| 4 | Brookfield Renewable Partners | 4.65 Bn | 2.41 Bn | 927.00 Mn | 128.00 Mn |
| 5 | Clearway Energy | 3.45 Bn | 3.11 Bn | 332.00 Mn | -1.00 Mn |
| 6 | ReNew Energy Global | 2.48 Bn | 2.09 Bn | - | 14.00 Mn |
| 7 | Fluence Energy | 1.46 Bn | 894.31 Mn | 33.24 Mn | 4.10 Mn |
| 8 | XPLR Infrastructure | 1.12 Bn | 1.12 Bn | 219.00 Mn | - |
| 9 | Energy Vault Holdings | 621.58 Mn | 514.23 Mn | 5.38 Mn | - |
| 10 | Eco Wave Power Global AB (publ) | 283.14 Mn | 283.14 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.00 Mn |
| Mar 31, 2026 | -26.00 Mn |
| Jun 30, 2025 | 15.00 Mn |
| Mar 31, 2025 | -31.00 Mn |
| Jun 30, 2024 | 18.10 Mn |
| Mar 31, 2024 | -34.00 Mn |
| Dec 31, 2023 | -1.00 Mn |
| Sep 30, 2023 | -3.00 Mn |
| Jun 30, 2023 | -2.00 Mn |
| Mar 31, 2023 | -18.00 Mn |
| Dec 31, 2022 | -3.00 Mn |
| Sep 30, 2022 | -87,799.35 |
| Jun 30, 2022 | -4.68 Mn |
| Mar 31, 2022 | -32.05 Mn |
| Dec 31, 2021 | -3.48 Mn |