FTC Solar (FTCI) EBIT (2020 - 2026)
FTC Solar posted quarterly EBIT of -$12.1 million for Q1 2026, down 14.19% year-on-year from -$14.1 million in Q1 2025, and down 191.61% on a QoQ basis from $13.2 million in Q4 2025.
FTC Solar (FTCI) has 7 years of EBIT data on file, last reported at -$12.1 million in Q1 2026.
- For the quarter ending Q1 2026, EBIT fell 14.19% year-over-year to -$12.1 million; the trailing twelve-month figure through Mar 2026 stood at -$18.1 million (down 120.26% YoY), and the FY2025 full-year result was -$16.6 million, down 63.41% from the prior year.
- EBIT for Q1 2026 stood at -$12.1 million, down from $13.2 million in the prior quarter.
- Across five years, EBIT topped out at $29.2 million in Q4 2024 and bottomed at -$27.8 million in Q1 2022.
- The 5-year median for EBIT is -$12.1 million (2026), against an average of -$8.8 million.
- The widest annual swing landed in 2022, when EBIT sank 246.4%; it then soared 243.04% in 2023.
- A 5-year view of EBIT shows it stood at -$19.9 million in 2022, then jumped by 243.04% to $28.4 million in 2023, then gained by 2.94% to $29.2 million in 2024, then sank by 54.99% to $13.2 million in 2025, then plunged by 191.61% to -$12.1 million in 2026.
- The last three EBIT figures came in at -$12.1 million (Q1 2026), $13.2 million (Q4 2025), and -$7.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 345.30 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 153.59 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -64.06 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -29.64 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -55.04 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -43.51 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 7.72 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 7.11 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -84.91 Mn |
| 10 | FTC Solar | 73.33 Mn | 67.69 Mn | -1.23 Mn | -12.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.06 Mn |
| Dec 31, 2025 | 13.16 Mn |
| Sep 30, 2025 | -7.71 Mn |
| Jun 30, 2025 | -11.50 Mn |
| Mar 31, 2025 | -10.56 Mn |
| Dec 31, 2024 | 29.24 Mn |
| Sep 30, 2024 | -14.98 Mn |
| Jun 30, 2024 | -11.92 Mn |
| Mar 31, 2024 | -12.50 Mn |
| Dec 31, 2023 | 28.41 Mn |
| Sep 30, 2023 | -16.28 Mn |
| Jun 30, 2023 | -10.37 Mn |
| Mar 31, 2023 | -12.40 Mn |
| Dec 31, 2022 | -19.86 Mn |
| Sep 30, 2022 | -26.69 Mn |
| Jun 30, 2022 | -25.24 Mn |
| Mar 31, 2022 | -27.78 Mn |
| Dec 31, 2021 | -23.54 Mn |
| Sep 30, 2021 | -22.77 Mn |
| Jun 30, 2021 | -72.47 Mn |
| Mar 31, 2021 | -8.02 Mn |
| Dec 31, 2020 | 2.23 Mn |
| Sep 30, 2020 | -2.53 Mn |
| Jun 30, 2020 | -5.96 Mn |
| Mar 31, 2020 | 2.90 Mn |