FTC Solar (FTCI) EBIT Margin (2020 - 2026)

FTC Solar (FTCI) reported EBIT Margin of 69.84% for Q1 2026, down 1908.0% on a YoY basis from 3.86% in Q1 2025, and down 259.18% quarter-over-quarter from 43.88% in Q4 2025.

FTC Solar (FTCI) EBIT Margin (2020 - 2026) Analysis & Trends

FTC Solar has reported EBIT Margin for 7 years, with the latest figure at 69.84% in Q1 2026.

  • For the quarter ending Q1 2026, EBIT Margin fell 1908.0% year-over-year to 69.84%; the trailing twelve-month figure through Mar 2026 stood at 19.4% (down 461.0% YoY), and the FY2025 full-year result was 16.65%, up 480.0% from the prior year.
  • EBIT Margin for Q1 2026 stood at 69.84%, down from 43.88% in the prior quarter.
  • The five-year high for EBIT Margin was 221.5% in Q4 2024, with the low at 161.08% in Q3 2022.
  • Historically, EBIT Margin has averaged 38.94% across 5 years, with a median of 56.06% in 2022.
  • Annual changes were most pronounced in 2023 — EBIT Margin jumped 19819 bps — and 2025, when it sank 17763 bps.
  • FTC Solar's EBIT Margin stood at 75.75% in 2022, then soared by 262 bps to 122.45% in 2023, then surged by 81 bps to 221.5% in 2024, then plunged by 80 bps to 43.88% in 2025, then slumped by 259 bps to 69.84% in 2026.
  • The last three EBIT Margin figures came in at 69.84% (Q1 2026), 43.88% (Q4 2025), and 29.6% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 33.07%
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 17.44%
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -10.48%
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -17.73%
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -6.02%
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 5.49%
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 3.18%
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -4.78%
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -9.56%
10 FTC Solar 68.50 Mn 62.86 Mn -1.23 Mn -69.84%

Historic Data

Download Data
DateValue
Mar 31, 2026 -69.84%
Dec 31, 2025 43.88%
Sep 30, 2025 -29.60%
Jun 30, 2025 -57.52%
Mar 31, 2025 -50.76%
Dec 31, 2024 221.50%
Sep 30, 2024 -147.75%
Jun 30, 2024 -104.32%
Mar 31, 2024 -99.32%
Dec 31, 2023 122.45%
Sep 30, 2023 -53.28%
Jun 30, 2023 -32.04%
Mar 31, 2023 -30.31%
Dec 31, 2022 -75.75%
Sep 30, 2022 -161.08%
Jun 30, 2022 -82.16%
Mar 31, 2022 -56.06%
Dec 31, 2021 -23.14%
Sep 30, 2021 -42.97%
Jun 30, 2021 -144.63%