FTC Solar (FTCI) Consolidated Net Income (2020 - 2026)

FTC Solar (FTCI) posted Consolidated Net Income of $32.6 million for Q1 2026, up 269.2% on a QoQ basis from -$19.3 million in Q4 2025, and up 954.36% year-over-year from $3.1 million in Q1 2025.

FTC Solar (FTCI) Consolidated Net Income (2020 - 2026) Analysis & Trends

FTC Solar's Consolidated Net Income history runs 7 years deep, the most recent figure standing at $32.6 million for Q1 2026.

  • Quarterly Consolidated Net Income rose 954.36% year-over-year to $32.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$26.0 million (up 40.36% YoY) and the FY2025 annual result came in at -$62.5 million, down 28.48% from the prior year.
  • Consolidated Net Income was $32.6 million for Q1 2026 at FTC Solar, up from -$19.3 million in the prior quarter.
  • Across five years, Consolidated Net Income topped out at $32.6 million in Q1 2026 and bottomed at -$27.8 million in Q1 2022.
  • A 5-year average of -$13.4 million and a median of -$15.4 million in 2024 frame the typical range for Consolidated Net Income.
  • Annual changes were most pronounced in 2022 — Consolidated Net Income tumbled 273.46% — and 2026, when it jumped 954.36%.
  • FTC Solar's Consolidated Net Income stood at -$20.5 million in 2022, then soared by 45.47% to -$11.2 million in 2023, then decreased by 9.47% to -$12.2 million in 2024, then tumbled by 57.45% to -$19.3 million in 2025, then jumped by 269.2% to $32.6 million in 2026.
  • Business Quant data shows FTCI's Consolidated Net Income at $32.6 million in Q1 2026, -$19.3 million in Q4 2025, and -$23.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Consol Net Inc. (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 346.62 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 150.60 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -7.40 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -228.75 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -57.37 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -297.33 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -297,000.00
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -122.70 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 2.00 Mn
10 FTC Solar 48.88 Mn 43.25 Mn -1.23 Mn 32.59 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 32.59 Mn
Dec 31, 2025 -19.26 Mn
Sep 30, 2025 -23.94 Mn
Jun 30, 2025 -15.43 Mn
Mar 31, 2025 -3.82 Mn
Dec 31, 2024 -12.24 Mn
Sep 30, 2024 -15.36 Mn
Jun 30, 2024 -12.25 Mn
Mar 31, 2024 -8.77 Mn
Dec 31, 2023 -11.18 Mn
Sep 30, 2023 -16.94 Mn
Jun 30, 2023 -10.41 Mn
Mar 31, 2023 -11.76 Mn
Dec 31, 2022 -20.50 Mn
Sep 30, 2022 -25.64 Mn
Jun 30, 2022 -25.68 Mn
Mar 31, 2022 -27.79 Mn
Dec 31, 2021 -23.88 Mn
Sep 30, 2021 -22.92 Mn
Jun 30, 2021 -52.36 Mn