Solaredge Technologies (SEDG) Long-Term Deferred Tax (2015 - 2024)

Solaredge Technologies' (SEDG) quarterly Long-Term Deferred Tax came in at $131.7 million in Q2 2024, up 163.53% year-on-year from $50.0 million in Q3 2023, and up 7.49% on a QoQ basis 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.

  • On a quarterly basis, Long-Term Deferred Tax rose 163.53% year-over-year to $131.7 million in Q2 2024; TTM through Jun 2024 was $131.7 million, a 163.53% increase from a year earlier, with the FY2023 full-year figure at $80.9 million, up 83.25% from the prior year.
  • Long-Term Deferred Tax for Q2 2024 stood at $131.7 million, up from $122.6 million in the prior quarter.
  • Over the last five years, Long-Term Deferred Tax for SEDG reached as high as $131.7 million in Q2 2024 and fell as low as $10.7 million in Q3 2020.
  • Historically, Long-Term Deferred Tax has averaged $43.6 million across 5 years, with a median of $32.3 million in 2022.
  • Across the five-year window, Long-Term Deferred Tax plunged 37.85% in 2020 and surged 163.53% in 2024, its largest moves.
  • Year by year, Long-Term Deferred Tax 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.
  • Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $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 22.08 Bn 19.65 Bn 486.13 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn

Historic Data

Download Data
DateValue
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 16.30 Mn
Sep 30, 2019 17.18 Mn