FTC Solar (FTCI) Asset Writedowns and Impairment (2020 - 2026)
FTC Solar (FTCI) reported Asset Writedowns and Impairment of $2000.0 for Q1 2026, up 102.17% on a YoY basis from $989.25 in Q1 2025, and down 99.47% quarter-over-quarter from $374000.0 in Q3 2025.
FTC Solar (FTCI) Asset Writedowns and Impairment (2020 - 2026) Analysis & Trends
FTC Solar has reported Asset Writedowns and Impairment for 6 years, with the latest figure 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.
- The five-year high for Asset Writedowns and Impairment was $1.2 million in Q2 2022, with the low at -$92000.0 in Q1 2025.
- Historically, Asset Writedowns and Impairment has averaged $238700.0 across 4 years, with a median of $11500.0 in 2022.
- The largest YoY upside for Asset Writedowns and Impairment was 3462.86% in 2022 against a maximum downside of 151.72% in 2022.
- FTC Solar's Asset Writedowns and Impairment 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn |
| 10 | FTC Solar | 68.50 Mn | 62.86 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 |