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| Date | Value |
|---|---|
| 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 |