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| Date | Value |
|---|---|
| Jun 30, 2025 | 2.31 Mn |
| Dec 31, 2024 | 2.18 Mn |
| Jun 30, 2024 | 1.14 Mn |
| Dec 31, 2023 | 1.14 Mn |