FTC Solar (FTCI) Depreciation and Depletion (2022 - 2026)
FTC Solar (FTCI) reported Depreciation and Depletion of $400000.0 for Q1 2026, up 33.33% on a YoY basis from $300000.0 in Q1 2025, and up 4.99% quarter-over-quarter from $381000.0 in Q4 2025.
FTC Solar (FTCI) Depreciation and Depletion (2022 - 2026) Analysis & Trends
FTC Solar has reported Depreciation and Depletion for 5 years, with the latest figure at $400000.0 in Q1 2026.
- For the quarter ending Q1 2026, Depreciation and Depletion rose 33.33% year-over-year to $400000.0; the trailing twelve-month figure through Mar 2026 stood at $1.4 million (up 11.73% YoY), and the FY2025 full-year result was $1.3 million, up 12.76% from the prior year.
- Depreciation and Depletion for Q1 2026 stood at $400000.0, up from $381000.0 in the prior quarter.
- The five-year high for Depreciation and Depletion was $400000.0 in Q1 2026, with the low at $200000.0 in Q3 2022.
- Historically, Depreciation and Depletion has averaged $278733.3 across 5 years, with a median of $300000.0 in 2024.
- Annual changes were most pronounced in 2023 — Depreciation and Depletion changed 0.0% — and 2024, when it jumped 50.0%.
- FTC Solar's Depreciation and Depletion stood at $231000.0 in 2022, then increased by 0.87% to $233000.0 in 2023, then surged by 44.21% to $336000.0 in 2024, then gained by 13.39% to $381000.0 in 2025, then gained by 4.99% to $400000.0 in 2026.
- The last three Depreciation and Depletion figures came in at $400000.0 (Q1 2026), $381000.0 (Q4 2025), and $300000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 143.80 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 | 181.10 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 2.20 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 2.40 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 | 300,000.00 |
| 10 | FTC Solar | 68.50 Mn | 62.86 Mn | -1.23 Mn | 400,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 400,000.00 |
| Mar 31, 2026 | 400,000.00 |
| Dec 31, 2025 | 381,000.00 |
| Dec 31, 2025 | 381,000.00 |
| Sep 30, 2025 | 300,000.00 |
| Sep 30, 2025 | 300,000.00 |
| Jun 30, 2025 | 300,000.00 |
| Jun 30, 2025 | 300,000.00 |
| Mar 31, 2025 | 300,000.00 |
| Mar 31, 2025 | 300,000.00 |
| Dec 31, 2024 | 336,000.00 |
| Dec 31, 2024 | 336,000.00 |
| Sep 30, 2024 | 300,000.00 |
| Sep 30, 2024 | 300,000.00 |
| Jun 30, 2024 | 300,000.00 |
| Jun 30, 2024 | 300,000.00 |
| Mar 31, 2024 | 300,000.00 |
| Mar 31, 2024 | 300,000.00 |
| Dec 31, 2023 | 233,000.00 |
| Dec 31, 2023 | 233,000.00 |