FTC Solar (FTCI) EBITDA Margin (2020 - 2026)
FTC Solar (FTCI) reported EBITDA Margin of 189.39% for Q1 2026, up 20761.0% on a YoY basis from N/an in Q1 2025, and up 256.59% quarter-over-quarter from 120.95% in Q4 2025.
FTC Solar (FTCI) EBITDA Margin (2020 - 2026) Analysis & Trends
FTC Solar has reported EBITDA Margin for 7 years, with the latest figure at 189.39% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin rose 20761.0% year-over-year to 189.39%; the trailing twelve-month figure through Mar 2026 stood at 45.92% (up 3271.0% YoY), and the FY2025 full-year result was 79.57%, up 2359.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 189.39%, up from 120.95% in the prior quarter.
- The five-year high for EBITDA Margin was 189.39% in Q1 2026, with the low at 157.55% in Q3 2022.
- Historically, EBITDA Margin has averaged 63.52% across 5 years, with a median of 76.77% in 2025.
- Annual changes were most pronounced in 2022 — EBITDA Margin tumbled 11432 bps — and 2026, when it jumped 20761 bps.
- FTC Solar's EBITDA Margin stood at 77.09% in 2022, then soared by 39 bps to 47.23% in 2023, then tumbled by 101 bps to 95.03% in 2024, then fell by 27 bps to 120.95% in 2025, then surged by 257 bps to 189.39% in 2026.
- The last three EBITDA Margin figures came in at 189.39% (Q1 2026), 120.95% (Q4 2025), and 91.82% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA 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 | 7.06% |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 4.26% |
| 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 | 189.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 189.39% |
| Dec 31, 2025 | -120.95% |
| Sep 30, 2025 | -91.82% |
| Jun 30, 2025 | -76.77% |
| Mar 31, 2025 | -18.22% |
| Dec 31, 2024 | -95.03% |
| Sep 30, 2024 | -149.49% |
| Jun 30, 2024 | -106.78% |
| Mar 31, 2024 | -71.12% |
| Dec 31, 2023 | -47.23% |
| Sep 30, 2023 | -55.57% |
| Jun 30, 2023 | -33.44% |
| Mar 31, 2023 | -28.77% |
| Dec 31, 2022 | -77.09% |
| Sep 30, 2022 | -157.55% |
| Jun 30, 2022 | -83.41% |
| Mar 31, 2022 | -55.97% |
| Dec 31, 2021 | -23.48% |
| Sep 30, 2021 | -43.24% |
| Jun 30, 2021 | -104.46% |