FTC Solar (FTCI) Equity Ratio (2020 - 2026)

FTC Solar (FTCI) reported Equity Ratio of 0.06 for Q1 2026, down 134.02% on a YoY basis from 0.18 in Q1 2025, and up 83.64% quarter-over-quarter from 0.38 in Q4 2025.

FTC Solar (FTCI) Equity Ratio (2020 - 2026) Analysis & Trends

FTC Solar has reported Equity Ratio for 7 years, with the latest figure at 0.06 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio fell 134.02% year-over-year to 0.06; the trailing twelve-month figure through Mar 2026 stood at 0.06 (down 134.02% YoY), and the FY2025 full-year result was 0.38, down 281.5% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.06, up from 0.38 in the prior quarter.
  • The five-year high for Equity Ratio was 0.58 in Q2 2023, with the low at 0.38 in Q4 2025.
  • Historically, Equity Ratio has averaged 0.32 across 5 years, with a median of 0.48 in 2024.
  • Annual changes were most pronounced in 2022 — Equity Ratio surged 8202.91% — and 2025, when it plunged 281.5%.
  • FTC Solar's Equity Ratio stood at 0.49 in 2022, then advanced by 2.67% to 0.51 in 2023, then plunged by 58.3% to 0.21 in 2024, then plunged by 281.5% to 0.38 in 2025, then surged by 83.64% to 0.06 in 2026.
  • The last three Equity Ratio figures came in at 0.06 (Q1 2026), 0.38 (Q4 2025), and 0.12 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 0.74
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 0.57
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 0.40
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 0.18
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 0.15
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 0.58
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -0.15
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 0.55
10 FTC Solar 68.50 Mn 62.86 Mn -1.23 Mn -0.06

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.06
Dec 31, 2025 -0.38
Sep 30, 2025 -0.12
Jun 30, 2025 0.11
Mar 31, 2025 0.18
Dec 31, 2024 0.21
Sep 30, 2024 0.33
Jun 30, 2024 0.44
Mar 31, 2024 0.48
Dec 31, 2023 0.51
Sep 30, 2023 0.54
Jun 30, 2023 0.58
Mar 31, 2023 0.49
Dec 31, 2022 0.49
Sep 30, 2022 0.55
Jun 30, 2022 0.54
Mar 31, 2022 0.57
Dec 31, 2021 0.59
Sep 30, 2021 0.69
Jun 30, 2021 0.75