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

FTC Solar's Cost of Revenue history runs 7 years deep, the most recent figure standing at $18.5 million for Q1 2026.

• Quarterly Cost of Revenue fell 23.74% year-over-year to $18.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $94.8 million (up 36.41% YoY) and the FY2025 annual result came in at $100.6 million, up 67.75% from the prior year.
• Cost of Revenue was $18.5 million for Q1 2026 at FTC Solar, down from $28.0 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $58.8 million in Q1 2022 and bottomed at $13.8 million in Q2 2024.
• A 5-year average of $26.4 million and a median of $24.4 million in 2025 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2022 — Cost of Revenue slumped 74.49% — and 2025, when it jumped 73.62%.
• FTC Solar's Cost of Revenue stood at $28.1 million in 2022, then decreased by 19.99% to $22.5 million in 2023, then declined by 24.3% to $17.0 million in 2024, then surged by 64.15% to $28.0 million in 2025, then plunged by 33.88% to $18.5 million in 2026.
• Business Quant data shows FTCI's Cost of Revenue at $18.5 million in Q1 2026, $28.0 million in Q4 2025, and $24.4 million in Q3 2025.