FTC Solar (FTCI) EBITDA (2020 - 2026)
FTC Solar (FTCI) posted EBITDA of -$12.1 million for Q1 2026, down 113.08% on a QoQ basis from -$5.7 million in Q4 2025, and down 14.19% year-over-year from -$14.1 million in Q1 2025.
FTC Solar (FTCI) EBITDA (2020 - 2026) Analysis & Trends
FTC Solar's EBITDA history runs 7 years deep, the most recent figure standing at -$12.1 million for Q1 2026.
- Quarterly EBITDA fell 14.19% year-over-year to -$12.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$36.9 million (up 27.45% YoY) and the FY2025 annual result came in at -$35.4 million, up 32.95% from the prior year.
- EBITDA was -$12.1 million for Q1 2026 at FTC Solar, down from -$5.7 million in the prior quarter.
- Across five years, EBITDA topped out at -$5.7 million in Q4 2025 and bottomed at -$27.8 million in Q1 2022.
- A 5-year average of -$14.7 million and a median of -$12.4 million in 2023 frame the typical range for EBITDA.
- Peak annual rise in EBITDA reached 65.17% in 2022, while the deepest fall reached 246.4% in 2022.
- FTC Solar's EBITDA stood at -$19.9 million in 2022, then soared by 40.91% to -$11.7 million in 2023, then dropped by 14.42% to -$13.4 million in 2024, then jumped by 57.86% to -$5.7 million in 2025, then tumbled by 113.08% to -$12.1 million in 2026.
- Business Quant data shows FTCI's EBITDA at -$12.1 million in Q1 2026, -$5.7 million in Q4 2025, and -$7.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 345.30 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 153.59 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -29.64 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -84.91 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -55.04 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -43.51 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 7.72 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -64.06 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 7.11 Mn |
| 10 | FTC Solar | 48.88 Mn | 43.25 Mn | -1.23 Mn | -12.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.06 Mn |
| Dec 31, 2025 | -5.66 Mn |
| Sep 30, 2025 | -7.71 Mn |
| Jun 30, 2025 | -11.50 Mn |
| Mar 31, 2025 | -10.56 Mn |
| Dec 31, 2024 | -13.43 Mn |
| Sep 30, 2024 | -14.98 Mn |
| Jun 30, 2024 | -11.92 Mn |
| Mar 31, 2024 | -12.50 Mn |
| Dec 31, 2023 | -11.74 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 |