FTC Solar (FTCI) Depreciation and Depletion (2022 - 2026)
FTC Solar (FTCI) recorded Depreciation and Depletion of $400,000 in Q2 2026, up 33.3% from $300,000 a year earlier and unchanged from the prior quarter.
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Analysis
FTC Solar (FTCI) Depreciation and Depletion (2022 - 2026) Analysis & Trends
On a TTM basis, FTC Solar's Depreciation and Depletion came in at $1.48 million as of Jun 30, 2026, up 19.8% year-over-year; for FY2025, it was $1.28 million, up 12.8% from FY2024.
- Annual Depreciation and Depletion has increased for four straight years, with a five-year compound annual growth rate of 146.8% (FY2020 to FY2025).
- Across earlier years, Depreciation and Depletion came in at $1.14 million in FY2024 (+36.4%), $833,000 in FY2023 (+32.0%), $631,000 in FY2022 (+172.0%) and $232,000 in FY2021.
- On a year-over-year basis, Depreciation and Depletion has increased for three consecutive quarters, with growth averaging 21.8% over the last eight quarters.
- Over the past five years, the year-over-year growth in Depreciation and Depletion ranged from 0.0% (Q3 2023) to 50.0% (Q3 2024).
- Per Business Quant, the preceding three quarters came in at $400,000 (Q1 2026), $381,000 (Q4 2025) and $300,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn | 182.00 Mn |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn | 13.75 Mn |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn | 143.50 Mn |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn | 27.60 Mn |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn | - |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | - |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn | 22.22 Mn |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn | - |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn | 6.00 Mn |
| 10 | FTC Solar | 35.38 Mn | -26.81 Mn | -2.23 Mn | 400,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 400,000.00 |
| Mar 31, 2026 | 400,000.00 |
| Dec 31, 2025 | 381,000.00 |
| Sep 30, 2025 | 300,000.00 |
| Jun 30, 2025 | 300,000.00 |
| Mar 31, 2025 | 300,000.00 |
| Dec 31, 2024 | 336,000.00 |
| Sep 30, 2024 | 300,000.00 |
| Jun 30, 2024 | 300,000.00 |
| Mar 31, 2024 | 300,000.00 |
| Dec 31, 2023 | 233,000.00 |
| Sep 30, 2023 | 200,000.00 |
| Jun 30, 2023 | 200,000.00 |
| Mar 31, 2023 | 200,000.00 |
| Dec 31, 2022 | 231,000.00 |
| Sep 30, 2022 | 200,000.00 |
API Access
FTC Solar Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=FTCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "FTCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=FTCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();