ReNew Energy Global (RNW) Deferred Taxes (2020 - 2026)
ReNew Energy Global (RNW) posted quarterly Deferred Taxes of -$9.7 million for Q1 2026, down 94.5% year-over-year from -$176.8 million in Q1 2025, and up 45.97% quarter-over-quarter from -$18.0 million in Q4 2025.
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ReNew Energy Global (RNW) Deferred Taxes (2020 - 2026) Analysis & Trends
ReNew Energy Global (RNW) has reported Deferred Taxes for 7 consecutive years, with -$9.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Deferred Taxes fell 94.5% year-over-year to -$9.7 million; the TTM figure through Mar 2026 stood at -$17.7 million (down 137.71% YoY), while the FY2026 annual figure was -$6.0 million, down 113.04% from the prior year.
- Deferred Taxes improved to -$9.7 million in Q1 2026 per RNW's latest filing, from -$18.0 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $24.0 million in Q2 2025 and bottomed at -$32.0 million in Q1 2022.
- Historically, Deferred Taxes has averaged $3.0 million across 5 years, with a median of $7.0 million in 2023.
- Annual changes were most pronounced in 2023 — Deferred Taxes tumbled 50000100.0% — and 2024, when it jumped 1400.0%.
- ReNew Energy Global's Deferred Taxes stood at $2.0 in 2022, then sank by 50000100.0% to -$1.0 million in 2023, then surged by 1400.0% to $13.0 million in 2024, then slumped by 238.46% to -$18.0 million in 2025, then soared by 45.97% to -$9.7 million in 2026.
- Business Quant data shows RNW's Deferred Taxes at -$9.7 million in Q1 2026, -$18.0 million in Q4 2025, and -$14.0 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 29.73 Bn | 27.41 Bn | 2.59 Bn | - |
| 2 | Enlight Renewable Energy | 9.45 Bn | 8.15 Bn | 117.49 Mn | -39.01 Mn |
| 3 | Ormat Technologies | 6.41 Bn | 5.75 Bn | 68.70 Mn | - |
| 4 | Brookfield Renewable Partners | 4.60 Bn | 2.35 Bn | 927.00 Mn | 41.00 Mn |
| 5 | Clearway Energy | 3.45 Bn | 3.11 Bn | 332.00 Mn | - |
| 6 | ReNew Energy Global | 2.48 Bn | 2.09 Bn | - | - |
| 7 | Fluence Energy | 1.42 Bn | 852.67 Mn | 33.24 Mn | 28,000.00 |
| 8 | XPLR Infrastructure | 1.13 Bn | 1.13 Bn | 219.00 Mn | 31.00 Mn |
| 9 | Energy Vault Holdings | 635.83 Mn | 528.48 Mn | 5.38 Mn | - |
| 10 | Eco Wave Power Global AB (publ) | 272.36 Mn | 272.18 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -9.72 Mn |
| Dec 31, 2025 | -18.00 Mn |
| Sep 30, 2025 | -14.00 Mn |
| Jun 30, 2025 | 24.00 Mn |
| Mar 31, 2025 | -5.00 Mn |
| Dec 31, 2024 | 13.00 Mn |
| Sep 30, 2024 | 19.00 Mn |
| Jun 30, 2024 | 20.00 Mn |
| Mar 31, 2024 | 16.00 Mn |
| Dec 31, 2023 | -1.00 Mn |
| Sep 30, 2023 | 7.00 Mn |
| Jun 30, 2023 | 14.00 Mn |
| Mar 31, 2023 | -8.00 Mn |
| Dec 31, 2022 | 2.28 Mn |
| Sep 30, 2022 | 13.00 Mn |
| Jun 30, 2022 | 13.00 Mn |
| Mar 31, 2022 | -32.00 Mn |
| Dec 31, 2021 | 15.00 Mn |
| Sep 30, 2021 | 10.00 Mn |
| Jun 30, 2021 | 9.32 Mn |