FTC Solar (FTCI) Cost of Revenue (2020 - 2026)

FTC Solar has reported Cost of Revenue for 7 years, with the latest figure at $1.7 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 50.97% year-over-year to $1.7 million; the trailing twelve-month figure through Mar 2026 stood at $55.4 million (down 21.66% YoY), and the FY2025 full-year result was $100.6 million, up 67.75% from the prior year.
• Cost of Revenue for Q1 2026 stood at $1.7 million, down from $28.0 million in the prior quarter.
• The five-year high for Cost of Revenue was $58.8 million in Q1 2022, with the low at $1.1 million in Q1 2025.
• Historically, Cost of Revenue has averaged $19.1 million across 5 years, with a median of $14.4 million in 2024.
• The largest YoY upside for Cost of Revenue was 5249.09% in 2022 against a maximum downside of 95.58% in 2022.
• FTC Solar's Cost of Revenue stood at $28.1 million in 2022, then sank by 82.5% to $4.9 million in 2023, then jumped by 978.78% to $53.1 million in 2024, then sank by 47.35% to $28.0 million in 2025, then plunged by 93.87% to $1.7 million in 2026.
• The last three Cost of Revenue figures came in at $1.7 million (Q1 2026), $28.0 million (Q4 2025), and $24.4 million (Q3 2025), per Business Quant data.