FTC Solar (FTCI) Accumulated Expenses (2020 - 2026)
FTC Solar (FTCI) reported Accumulated Expenses of $26.4 million for Q1 2026, up 174.14% on a YoY basis from $9.6 million in Q1 2025, and up 11.24% quarter-over-quarter from $23.8 million in Q4 2025.
FTC Solar (FTCI) Accumulated Expenses (2020 - 2026) Analysis & Trends
FTC Solar has reported Accumulated Expenses for 7 years, with the latest figure at $26.4 million in Q1 2026.
- For the quarter ending Q1 2026, Accumulated Expenses rose 174.14% year-over-year to $26.4 million; the trailing twelve-month figure through Mar 2026 stood at $26.4 million (up 174.14% YoY), and the FY2025 full-year result was $23.8 million, up 11785.0% from the prior year.
- Accumulated Expenses for Q1 2026 stood at $26.4 million, up from $23.8 million in the prior quarter.
- The five-year high for Accumulated Expenses was $34.8 million in Q4 2023, with the low at $200000.0 in Q4 2024.
- Historically, Accumulated Expenses has averaged $18.6 million across 5 years, with a median of $20.5 million in 2023.
- Annual changes were most pronounced in 2024 — Accumulated Expenses slumped 99.43% — and 2025, when it jumped 11785.0%.
- FTC Solar's Accumulated Expenses stood at $23.9 million in 2022, then jumped by 45.83% to $34.8 million in 2023, then tumbled by 99.43% to $200000.0 in 2024, then jumped by 11785.0% to $23.8 million in 2025, then increased by 11.24% to $26.4 million in 2026.
- The last three Accumulated Expenses figures came in at $26.4 million (Q1 2026), $23.8 million (Q4 2025), and $26.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 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 | FTC Solar | 68.50 Mn | 62.86 Mn | -1.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.44 Mn |
| Dec 31, 2025 | 23.77 Mn |
| Sep 30, 2025 | 26.85 Mn |
| Jun 30, 2025 | 30.41 Mn |
| Mar 31, 2025 | 9.65 Mn |
| Dec 31, 2024 | 200,000.00 |
| Sep 30, 2024 | 8.95 Mn |
| Jun 30, 2024 | 7.26 Mn |
| Mar 31, 2024 | 6.99 Mn |
| Dec 31, 2023 | 34.85 Mn |
| Sep 30, 2023 | 7.74 Mn |
| Jun 30, 2023 | 7.79 Mn |
| Mar 31, 2023 | 20.52 Mn |
| Dec 31, 2022 | 23.90 Mn |
| Sep 30, 2022 | 19.62 Mn |
| Jun 30, 2022 | 29.85 Mn |
| Mar 31, 2022 | 30.65 Mn |
| Dec 31, 2021 | 47.86 Mn |
| Sep 30, 2021 | 40.25 Mn |
| Mar 31, 2021 | 29.75 Mn |