Solaredge Technologies (SEDG) Long-Term Deferred Tax (2015 - 2024)
Solaredge Technologies (SEDG) reported Long-Term Deferred Tax of $131.7 million for Q2 2024, up 163.53% year-over-year from $50.0 million in Q3 2023, and up 7.49% quarter-over-quarter from $122.6 million in Q1 2024.
Solaredge Technologies (SEDG) Long-Term Deferred Tax (2015 - 2024) Analysis & Trends
Solaredge Technologies (SEDG) has 10 years of Long-Term Deferred Tax data on file, last reported at $131.7 million in Q2 2024.
- Long-Term Deferred Tax for Q2 2024 came in at $131.7 million, up 163.53% year-over-year; the trailing twelve-month figure through Jun 2024 was $131.7 million (up 163.53% YoY), and the FY2023 annual result was $80.9 million, up 83.25% from the prior year.
- Long-Term Deferred Tax grew to $131.7 million in Q2 2024 per SEDG's latest filing, from $122.6 million in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $131.7 million in Q2 2024 and troughed at $10.7 million in Q3 2020.
- A 5-year average of $43.6 million and a median of $32.3 million in 2022 frame the typical range for Long-Term Deferred Tax.
- The sharpest annual moves came in 2020 and 2024: Long-Term Deferred Tax sank 60.52% in 2020, then jumped 163.53% in 2024.
- A 5-year view of Long-Term Deferred Tax shows it stood at $11.7 million in 2020, then jumped by 136.14% to $27.6 million in 2021, then jumped by 60.14% to $44.2 million in 2022, then soared by 83.25% to $80.9 million in 2023, then jumped by 62.83% to $131.7 million in 2024.
- Business Quant data shows SEDG's Long-Term Deferred Tax at $131.7 million in Q2 2024, $122.6 million in Q1 2024, and $80.9 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 131.75 Mn |
| Mar 31, 2024 | 122.56 Mn |
| Dec 31, 2023 | 80.91 Mn |
| Sep 30, 2023 | 60.15 Mn |
| Jun 30, 2023 | 49.99 Mn |
| Mar 31, 2023 | 46.61 Mn |
| Dec 31, 2022 | 44.15 Mn |
| Sep 30, 2022 | 38.27 Mn |
| Jun 30, 2022 | 33.40 Mn |
| Mar 31, 2022 | 31.21 Mn |
| Dec 31, 2021 | 27.57 Mn |
| Sep 30, 2021 | 21.83 Mn |
| Jun 30, 2021 | 19.96 Mn |
| Mar 31, 2021 | 17.35 Mn |
| Dec 31, 2020 | 11.68 Mn |
| Sep 30, 2020 | 10.68 Mn |
| Jun 30, 2020 | 19.12 Mn |
| Mar 31, 2020 | 17.10 Mn |
| Dec 31, 2019 | 29.58 Mn |
| Sep 30, 2019 | 17.18 Mn |