Discontinued — last reported Q3 '25

Non-Current Assets

Deferred Tax Assets

First Solar Deferred Tax Assets decreased by 65.6% to $66.97M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.2%, from $55.25M to $66.97M. Over 5 years (FY 2020 to FY 2025), Deferred Tax Assets shows an upward trend with a 13.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ4 2022
Last reportedQ3 2025

How to read this metric

An increase can signal future tax efficiency or the utilization of past losses, while a decrease may indicate the realization of those benefits.

Detailed definition

These are assets on the balance sheet that represent future tax savings resulting from temporary differences between the...

Peer comparison

Common in large, capital-intensive companies; peers with significant R&D spending often have large deferred tax assets from tax credits.

Metric ID: deferred_tax_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$14.61M$14.31M$59.16M$30.12M$23.06M$24.81M$78.68M$32.50M$43.81M$47.63M$142.82M$41.29M$44.05M$52.94M$208.81M$55.25M$56.52M$56.29M$194.67M$66.97M
QoQ Change-2.1%+313.6%-49.1%-23.4%+7.6%+217.1%-58.7%+34.8%+8.7%+199.8%-71.1%+6.7%+20.2%+294.4%-73.5%+2.3%-0.4%+245.8%-65.6%
YoY Change+57.8%+73.4%+33.0%+7.9%+90.0%+92.0%+81.5%+27.0%+0.5%+11.1%+46.2%+33.8%+28.3%+6.3%-6.8%+21.2%
Range$14.31M$208.81M
CAGR+37.8%
Avg YoY Growth+37.7%
Median YoY Growth+30.7%

Frequently Asked Questions

What is First Solar's deferred tax assets?
First Solar (FSLR) reported deferred tax assets of $66.97M in Q1 2026.
How has First Solar's deferred tax assets changed year-over-year?
First Solar's deferred tax assets increased by 21.2% year-over-year, from $55.25M to $66.97M.
What is the long-term trend for First Solar's deferred tax assets?
Over 5 years (2020 to 2025), First Solar's deferred tax assets has grown at a 13.3% compound annual growth rate (CAGR), from $104.10M to $194.67M.
What does deferred tax assets mean?
Future tax savings that the company expects to realize due to past accounting differences or tax losses.