FTC Solar (FTCI) Equity Average (2020 - 2026)
FTC Solar (FTCI) reported Equity Average of -$24.6 million for Q1 2026, down 242.08% on a YoY basis from $17.3 million in Q1 2025, and up 13.38% quarter-over-quarter from -$28.3 million in Q4 2025.
FTC Solar (FTCI) Equity Average (2020 - 2026) Analysis & Trends
FTC Solar has reported Equity Average for 7 years, with the latest figure at -$24.6 million in Q1 2026.
- For the quarter ending Q1 2026, Equity Average fell 242.08% year-over-year to -$24.6 million; the trailing twelve-month figure through Mar 2026 stood at -$24.6 million (down 242.08% YoY), and the FY2025 full-year result was -$12.0 million, down 129.35% from the prior year.
- Equity Average for Q1 2026 stood at -$24.6 million, up from -$28.3 million in the prior quarter.
- The five-year high for Equity Average was $131.5 million in Q1 2022, with the low at -$28.3 million in Q4 2025.
- Historically, Equity Average has averaged $49.3 million across 5 years, with a median of $58.8 million in 2024.
- Annual changes were most pronounced in 2022 — Equity Average jumped 3209.85% — and 2026, when it tumbled 242.08%.
- FTC Solar's Equity Average stood at $74.0 million in 2022, then fell by 7.73% to $68.3 million in 2023, then tumbled by 63.79% to $24.7 million in 2024, then plunged by 214.65% to -$28.3 million in 2025, then grew by 13.38% to -$24.6 million in 2026.
- The last three Equity Average figures came in at -$24.6 million (Q1 2026), -$28.3 million (Q4 2025), and -$2.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 9.71 Bn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 2.24 Bn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 1.09 Bn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 419.09 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 3.81 Bn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 600.81 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -210.36 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 34.23 Mn |
| 10 | FTC Solar | 68.50 Mn | 62.86 Mn | -1.23 Mn | -24.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -24.55 Mn |
| Dec 31, 2025 | -28.35 Mn |
| Sep 30, 2025 | -2.35 Mn |
| Jun 30, 2025 | 12.29 Mn |
| Mar 31, 2025 | 17.28 Mn |
| Dec 31, 2024 | 24.72 Mn |
| Sep 30, 2024 | 37.32 Mn |
| Jun 30, 2024 | 49.70 Mn |
| Mar 31, 2024 | 58.81 Mn |
| Dec 31, 2023 | 68.27 Mn |
| Sep 30, 2023 | 76.73 Mn |
| Jun 30, 2023 | 73.82 Mn |
| Mar 31, 2023 | 67.35 Mn |
| Dec 31, 2022 | 73.99 Mn |
| Sep 30, 2022 | 90.76 Mn |
| Jun 30, 2022 | 110.08 Mn |
| Mar 31, 2022 | 131.52 Mn |
| Dec 31, 2021 | 153.11 Mn |
| Sep 30, 2021 | 172.07 Mn |
| Jun 30, 2021 | 90.63 Mn |