FTC Solar (FTCI) EBITDA (2020 - 2026)

FTC Solar (FTCI) reported EBITDA of $32.7 million for Q1 2026, up 962.52% on a YoY basis from $3.1 million in Q1 2025, and up 190.12% quarter-over-quarter from -$36.3 million in Q4 2025.

FTC Solar (FTCI) EBITDA (2020 - 2026) Analysis & Trends

FTC Solar has reported EBITDA for 7 years, with the latest figure at $32.7 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA rose 962.52% year-over-year to $32.7 million; the trailing twelve-month figure through Mar 2026 stood at -$42.8 million (up 1.96% YoY), and the FY2025 full-year result was -$79.3 million, down 62.37% from the prior year.
  • EBITDA for Q1 2026 stood at $32.7 million, up from -$36.3 million in the prior quarter.
  • The five-year high for EBITDA was $32.7 million in Q1 2026, with the low at -$36.3 million in Q4 2025.
  • Historically, EBITDA has averaged -$14.5 million across 5 years, with a median of -$15.2 million in 2024.
  • Annual changes were most pronounced in 2022 — EBITDA tumbled 272.65% — and 2026, when it surged 962.52%.
  • FTC Solar's EBITDA stood at -$20.2 million in 2022, then jumped by 45.78% to -$11.0 million in 2023, then retreated by 14.49% to -$12.5 million in 2024, then slumped by 189.21% to -$36.3 million in 2025, then soared by 190.12% to $32.7 million in 2026.
  • The last three EBITDA figures came in at $32.7 million (Q1 2026), -$36.3 million (Q4 2025), and -$23.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 345.30 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 153.59 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -29.64 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -55.04 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -43.51 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 9.92 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 9.51 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -84.91 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -2.41 Mn
10 FTC Solar 68.50 Mn 62.86 Mn -1.23 Mn 32.70 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 32.70 Mn
Dec 31, 2025 -36.28 Mn
Sep 30, 2025 -23.90 Mn
Jun 30, 2025 -15.35 Mn
Mar 31, 2025 -3.79 Mn
Dec 31, 2024 -12.55 Mn
Sep 30, 2024 -15.15 Mn
Jun 30, 2024 -12.21 Mn
Mar 31, 2024 -8.95 Mn
Dec 31, 2023 -10.96 Mn
Sep 30, 2023 -16.98 Mn
Jun 30, 2023 -10.82 Mn
Mar 31, 2023 -11.77 Mn
Dec 31, 2022 -20.21 Mn
Sep 30, 2022 -26.11 Mn
Jun 30, 2022 -25.62 Mn
Mar 31, 2022 -27.74 Mn
Dec 31, 2021 -23.88 Mn
Sep 30, 2021 -22.91 Mn
Jun 30, 2021 -52.34 Mn