FTC Solar (FTCI) Asset Writedowns and Impairment (2020 - 2026)
FTC Solar's (FTCI) quarterly Asset Writedowns and Impairment came in at $2000.0 in Q1 2026, up 102.17% YoY from $989.25 in Q1 2025, and down 99.47% on a QoQ basis from $374000.0 in Q3 2025.
FTC Solar (FTCI) Asset Writedowns and Impairment (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has 6 years of Asset Writedowns and Impairment data on file, last reported at $2000.0 in Q1 2026.
- Quarterly Asset Writedowns and Impairment rose 102.17% year-over-year to $2000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $568000.0 (changed 0.0% YoY) and the FY2022 annual result came in at $1.2 million, up 1373.63% from the prior year.
- Asset Writedowns and Impairment fell to $2000.0 in Q1 2026, from $374000.0 in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $1.2 million in Q2 2022 to a low of -$92000.0 in Q1 2025.
- A 4-year average of $238700.0 and a median of $11500.0 in 2022 frame the typical range for Asset Writedowns and Impairment.
- The widest YoY moves for Asset Writedowns and Impairment: up 3462.86% in 2022, down 151.72% in 2022.
- Tracing FTCI's Asset Writedowns and Impairment over 4 years: stood at $21000.0 in 2022, then soared by 3438.1% to $743000.0 in 2024, then sank by 49.66% to $374000.0 in 2025, then sank 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 | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn |
| 10 | FTC Solar | 34.18 Mn | 23.11 Mn | -2.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -40,000.00 |
| Jun 30, 2026 | -40,000.00 |
| 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 |