Turbo Energy (TURB) Deferred Taxes (2023 - 2025)

Turbo Energy posted quarterly Deferred Taxes of $2.3 million for Q2 2025, up 102.99% year-on-year from $1.1 million in Q2 2024, and up 5.75% on a QoQ basis from $2.2 million in Q4 2024.

Turbo Energy (TURB) has 3 years of Deferred Taxes data on file, last reported at $2.3 million in Q2 2025.

  • For the quarter ending Q2 2025, Deferred Taxes rose 102.99% year-over-year to $2.3 million; the trailing twelve-month figure through Jun 2025 stood at $2.3 million (up 102.99% YoY), and the FY2025 full-year result was $180341.6, up 7.22% from the prior year.
  • Deferred Taxes for Q2 2025 stood at $2.3 million, up from $2.2 million in the prior quarter.
  • Across five years, Deferred Taxes topped out at $2.3 million in Q2 2025 and bottomed at $1.1 million in Q4 2023.
  • The 3-year median for Deferred Taxes is $1.7 million (2024), against an average of $1.7 million.
  • The widest annual swing landed in 2024, when Deferred Taxes jumped 92.11%; it then surged 102.99% in 2025.
  • A 3-year view of Deferred Taxes shows it stood at $1.1 million in 2023, then soared by 92.11% to $2.2 million in 2024, then increased by 5.75% to $2.3 million in 2025.
  • The last three Deferred Taxes figures came in at $2.3 million (Q2 2025), $2.2 million (Q4 2024), and $1.1 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn -15.71 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 -3.13 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 7.07 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn -89,000.00
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -1.60 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -
10 Turbo Energy 78.23 Mn 77.61 Mn - -

Historic Data

Download Data 🔒
DateValue
Jun 30, 2025 2.31 Mn
Dec 31, 2024 2.18 Mn
Jun 30, 2024 1.14 Mn
Dec 31, 2023 1.14 Mn