FTC Solar (FTCI) Asset Writedowns and Impairment (2020 - 2026)
FTC Solar posted quarterly Asset Writedowns and Impairment of $2000.0 for Q1 2026, up 102.17% year-on-year from $989.25 in Q1 2025, and down 99.47% on a QoQ basis from $374000.0 in Q3 2025.
FTC Solar (FTCI) has 6 years of Asset Writedowns and Impairment data on file, last reported at $2000.0 in Q1 2026.
- For the quarter ending Q1 2026, Asset Writedowns and Impairment rose 102.17% year-over-year to $2000.0; the trailing twelve-month figure through Mar 2026 stood at $568000.0 (changed 0.0% YoY), and the FY2022 full-year result was $1.2 million, up 1373.63% from the prior year.
- Asset Writedowns and Impairment for Q1 2026 stood at $2000.0, down from $374000.0 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $1.2 million in Q2 2022 and bottomed at -$92000.0 in Q1 2025.
- The 4-year median for Asset Writedowns and Impairment is $11500.0 (2022), against an average of $238700.0.
- Peak annual rise in Asset Writedowns and Impairment reached 3462.86% in 2022, while the deepest fall reached 151.72% in 2022.
- A 4-year view of Asset Writedowns and Impairment shows it stood at $21000.0 in 2022, then jumped by 3438.1% to $743000.0 in 2024, then plunged by 49.66% to $374000.0 in 2025, then plunged by 99.47% to $2000.0 in 2026.
- The last three Asset Writedowns and Impairment figures came in at $2000.0 (Q1 2026), $374000.0 (Q3 2025), and $284000.0 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 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 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn |
| 10 | FTC Solar | 73.33 Mn | 67.69 Mn | -1.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2,000.00 |
| Mar 31, 2026 | 2,000.00 |
| Sep 30, 2025 | 374,000.00 |
| Sep 30, 2025 | 374,000.00 |
| Jun 30, 2025 | 284,000.00 |
| Jun 30, 2025 | 284,000.00 |
| Mar 31, 2025 | -92,000.00 |
| Mar 31, 2025 | -92,000.00 |
| Sep 30, 2024 | 743,000.00 |
| Sep 30, 2024 | 743,000.00 |
| Jun 30, 2024 | -83,000.00 |
| Jun 30, 2024 | -83,000.00 |
| Dec 31, 2022 | 21,000.00 |
| Dec 31, 2022 | 21,000.00 |
| Sep 30, 2022 | -9,000.00 |
| Sep 30, 2022 | -9,000.00 |
| Jun 30, 2022 | 1.18 Mn |
| Jun 30, 2022 | 1.18 Mn |
| Mar 31, 2022 | -30,000.00 |
| Mar 31, 2022 | -30,000.00 |
| Dec 31, 2021 | -174,000.00 |
| Dec 31, 2021 | -174,000.00 |
| Sep 30, 2021 | 60,000.00 |
| Sep 30, 2021 | 60,000.00 |
| Jun 30, 2021 | -35,000.00 |
| Jun 30, 2021 | -35,000.00 |
| Mar 31, 2021 | 58,000.00 |
| Mar 31, 2021 | 58,000.00 |
| Dec 31, 2020 | 24,000.00 |
| Dec 31, 2020 | 24,000.00 |
| Jun 30, 2020 | 3,000.00 |
| Jun 30, 2020 | 3,000.00 |
| Mar 31, 2020 | -3,000.00 |
| Mar 31, 2020 | -3,000.00 |