FTC Solar (FTCI) Asset Writedowns and Impairment (2020 - 2026)
FTC Solar (FTCI) posted Asset Writedowns and Impairment of $2000.0 for Q1 2026, down 99.47% on a QoQ basis from $374000.0 in Q3 2025, and up 102.17% year-over-year from $989.25 in Q1 2025.
FTC Solar (FTCI) Asset Writedowns and Impairment (2020 - 2026) Analysis & Trends
FTC Solar's Asset Writedowns and Impairment history runs 6 years deep, the most recent figure standing at $2000.0 for 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 was $2000.0 for Q1 2026 at FTC Solar, 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.
- A 4-year average of $238700.0 and a median of $11500.0 in 2022 frame the typical range for Asset Writedowns and Impairment.
- Peak annual rise in Asset Writedowns and Impairment reached 3462.86% in 2022, while the deepest fall reached 151.72% in 2022.
- FTC Solar's Asset Writedowns and Impairment stood at $21000.0 in 2022, then surged by 3438.1% to $743000.0 in 2024, then tumbled by 49.66% to $374000.0 in 2025, then tumbled by 99.47% to $2000.0 in 2026.
- Business Quant data shows FTCI's Asset Writedowns and Impairment at $2000.0 in Q1 2026, $374000.0 in Q3 2025, and $284000.0 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn |
| 10 | FTC Solar | 48.88 Mn | 43.25 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 |