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

Turbo Energy (TURB) reported Deferred Taxes of $2.3 million for Q2 2025, up 102.99% on a YoY basis from $1.1 million in Q2 2024, and up 5.75% quarter-over-quarter from $2.2 million in Q4 2024.

Turbo Energy (TURB) Deferred Taxes (2023 - 2025) Analysis & Trends

Turbo Energy has reported Deferred Taxes for 3 years, with the latest figure 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.
  • The five-year high for Deferred Taxes was $2.3 million in Q2 2025, with the low at $1.1 million in Q4 2023.
  • Historically, Deferred Taxes has averaged $1.7 million across 3 years, with a median of $1.7 million in 2024.
  • Annual changes were most pronounced in 2024 — Deferred Taxes jumped 92.11% — and 2025, when it surged 102.99%.
  • Turbo Energy's Deferred Taxes stood at $1.1 million in 2023, then surged by 92.11% to $2.2 million in 2024, then grew 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 28.68 Bn 26.25 Bn 486.13 Mn -15.71 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -3.13 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 7.07 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -89,000.00
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -1.60 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 Turbo Energy 99.71 Mn 99.10 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