Solaredge Technologies (SEDG) Long-Term Deferred Tax (2015 - 2024)
Solaredge Technologies (SEDG) posted Long-Term Deferred Tax of $131.75 million for Q2 2024, up 163.5% from $49.99 million a year earlier and up 7.5% from the prior quarter.
Solaredge Technologies (SEDG) Long-Term Deferred Tax (2015 - 2024) Analysis & Trends
At the end of FY2023, Solaredge Technologies' Long-Term Deferred Tax came in at $80.91 million, up 83.3% from FY2022.
- Annual Long-Term Deferred Tax has increased for three consecutive years, with a five-year compound annual growth rate of 40.7% (FY2018 to FY2023).
- In prior years, Solaredge Technologies' Long-Term Deferred Tax was $44.15 million in FY2022 (+60.1%), $27.57 million in FY2021 (+136.1%), $11.68 million in FY2020 (-28.4%) and $16.3 million in FY2019 (+10.9%).
- The Q2 2024 figure stands as the highest quarterly Long-Term Deferred Tax in data going back to Q4 2016.
- On a year-over-year basis, Long-Term Deferred Tax has increased in each of the last 14 quarters, with growth averaging 87.7% over the last eight quarters.
- The strongest year-over-year quarter for Long-Term Deferred Tax in the past five years was Q2 2024, with growth of 163.5%; the weakest was Q3 2020, with a decline of 37.8%.
- According to Business Quant data, Long-Term Deferred Tax for the three prior quarters was $122.56 million (Q1 2024), $80.91 million (Q4 2023) and $60.15 million (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 238.25 Bn | 198.17 Bn | 2.36 Bn |
| 2 | Bloom Energy | 64.00 Bn | 55.79 Bn | 355.57 Mn |
| 3 | First Solar | 18.75 Bn | 9.70 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.32 Bn | 10.62 Bn | 202.31 Mn |
| 5 | Nextpower | 11.91 Bn | 7.80 Bn | 335.85 Mn |
| 6 | Generac Holdings | 11.42 Bn | 10.25 Bn | 521.81 Mn |
| 7 | EnerSys | 6.22 Bn | 4.41 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.25 Bn | -607.94 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.72 Bn | 1.56 Bn | 133.10 Mn |
| 10 | Solaredge Technologies | 1.97 Bn | -106.45 Mn | 95.15 Mn |
Historic 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 | 16.30 Mn |
| Sep 30, 2019 | 17.18 Mn |
Solaredge Technologies Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=SEDG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "SEDG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=SEDG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();