FTC Solar (FTCI) Asset Utilization Ratio (2021 - 2026)

FTC Solar has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.89 in Q1 2026.

• For the quarter ending Q1 2026, Asset Utilization Ratio rose 39.31% year-over-year to 0.89; the trailing twelve-month figure through Mar 2026 stood at 0.89 (up 39.31% YoY), and the FY2025 full-year result was 0.99, up 122.26% from the prior year.
• Asset Utilization Ratio for Q1 2026 stood at 0.89, up from 0.87 in the prior quarter.
• The five-year high for Asset Utilization Ratio was 1.19 in Q3 2022, with the low at 0.52 in Q4 2024.
• Historically, Asset Utilization Ratio has averaged 0.86 across 5 years, with a median of 0.84 in 2023.
• Annual changes were most pronounced in 2022 — Asset Utilization Ratio plunged 63.51% — and 2025, when it surged 66.28%.
• FTC Solar's Asset Utilization Ratio stood at 0.87 in 2022, then increased by 12.57% to 0.98 in 2023, then tumbled by 46.76% to 0.52 in 2024, then surged by 66.28% to 0.87 in 2025, then climbed by 2.63% to 0.89 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.89 (Q1 2026), 0.87 (Q4 2025), and 0.82 (Q3 2025), per Business Quant data.