FTC Solar (FTCI) Asset Utilization Ratio (2021 - 2026)
FTC Solar's (FTCI) quarterly Asset Utilization Ratio came in at 0.89 in Q1 2026, up 39.31% YoY from 0.64 in Q1 2025, and up 2.63% on a QoQ basis from 0.87 in Q4 2025.
FTC Solar (FTCI) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
FTC Solar (FTCI) has 6 years of Asset Utilization Ratio data on file, last reported at 0.89 in Q1 2026.
- Quarterly Asset Utilization Ratio rose 39.31% year-over-year to 0.89 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.89 (up 39.31% YoY) and the FY2025 annual result came in at 0.99, up 122.26% from the prior year.
- Asset Utilization Ratio climbed to 0.89 in Q1 2026, from 0.87 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.19 in Q3 2022 to a low of 0.52 in Q4 2024.
- A 5-year average of 0.86 and a median of 0.84 in 2023 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio plunged 63.51% — and 2025, when it surged 66.28%.
- Tracing FTCI's Asset Utilization Ratio over 5 years: 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.73 Bn | 22.00 Bn | 605.00 Mn | 0.40 |
| 2 | Nextpower | 13.45 Bn | 12.24 Bn | 335.85 Mn | 0.87 |
| 3 | Enphase Energy | 5.23 Bn | 4.30 Bn | 175.01 Mn | 0.47 |
| 4 | Sunrun | 2.25 Bn | 2.25 Bn | 527.54 Mn | 0.15 |
| 5 | Solaredge Technologies | 1.94 Bn | 1.36 Bn | 95.15 Mn | 0.56 |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 0.57 |
| 7 | Canadian Solar | 1.02 Bn | -572.71 Mn | 124.40 Mn | 0.74 |
| 8 | JinkoSolar Holding | 858.35 Mn | -2.45 Bn | 147.66 Mn | 0.51 |
| 9 | Array Technologies | 736.25 Mn | 428.95 Mn | 99.60 Mn | 0.79 |
| 10 | FTC Solar | 34.34 Mn | 23.27 Mn | -2.23 Mn | 1.02 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.02 |
| Mar 31, 2026 | 0.89 |
| Dec 31, 2025 | 0.87 |
| Sep 30, 2025 | 0.82 |
| Jun 30, 2025 | 0.77 |
| Mar 31, 2025 | 0.64 |
| Dec 31, 2024 | 0.52 |
| Sep 30, 2024 | 0.60 |
| Jun 30, 2024 | 0.72 |
| Mar 31, 2024 | 0.83 |
| Dec 31, 2023 | 0.98 |
| Sep 30, 2023 | 0.95 |
| Jun 30, 2023 | 0.84 |
| Mar 31, 2023 | 0.84 |
| Dec 31, 2022 | 0.87 |
| Sep 30, 2022 | 1.19 |
| Jun 30, 2022 | 1.18 |
| Mar 31, 2022 | 1.12 |
| Dec 31, 2021 | 1.13 |
| Sep 30, 2021 | 0.89 |