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% on a QoQ basis from $122.6 million in Q1 2024.
Solaredge Technologies (SEDG) has 10 years of Long-Term Deferred Tax data on file, last reported at $131.7 million in Q2 2024.
- Quarterly Long-Term Deferred Tax rose 163.53% year-over-year to $131.7 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $131.7 million (up 163.53% YoY) and the FY2023 annual result came in at $80.9 million, up 83.25% from the prior year.
- Long-Term Deferred Tax advanced to $131.7 million in Q2 2024 per SEDG's latest filing, from $122.6 million in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $131.7 million in Q2 2024 and bottomed at $10.7 million in Q3 2020.
- The 5-year median for Long-Term Deferred Tax is $32.3 million (2022), against an average of $43.6 million.
- The widest annual swing landed in 2020, when Long-Term Deferred Tax tumbled 60.52%; it then surged 163.53% in 2024.
- Tracing SEDG's Long-Term Deferred Tax over 5 years: stood at $11.7 million in 2020, then surged by 136.14% to $27.6 million in 2021, then surged by 60.14% to $44.2 million in 2022, then jumped by 83.25% to $80.9 million in 2023, then surged by 62.83% to $131.7 million in 2024.
- Per Business Quant, the three latest SEDG Long-Term Deferred Tax figures stand at $131.7 million (Q2 2024), $122.6 million (Q1 2024), and $80.9 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 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 |
| Jun 30, 2019 | 14.75 Mn |
| Mar 31, 2019 | 14.59 Mn |
| Dec 31, 2018 | 22.61 Mn |
| Sep 30, 2018 | 13.22 Mn |
| Jun 30, 2018 | 11.55 Mn |
| Mar 31, 2018 | 9.85 Mn |
| Dec 31, 2017 | 205,000.00 |
| Sep 30, 2017 | 5.82 Mn |
| Jun 30, 2017 | 4.90 Mn |
| Mar 31, 2017 | 4.08 Mn |
| Dec 31, 2016 | 2.82 Mn |
| Sep 30, 2016 | 4.13 Mn |
| Jun 30, 2016 | 6.30 Mn |
| Dec 31, 2015 | 6.57 Mn |