FTC Solar (FTCI) FCF Margin (2020 - 2026)

FTC Solar (FTCI) posted FCF Margin of 75.74% for Q1 2026, down 171.65% on a QoQ basis from 27.88% in Q4 2025, and down 3456.0% year-over-year from 2.26% in Q1 2025.

FTC Solar (FTCI) FCF Margin (2020 - 2026) Analysis & Trends

FTC Solar's FCF Margin history runs 7 years deep, the most recent figure standing at 75.74% for Q1 2026.

  • Quarterly FCF Margin fell 3456.0% year-over-year to 75.74% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 41.81% (up 1690.0% YoY) and the FY2025 annual result came in at 34.68%, up 4207.0% from the prior year.
  • FCF Margin was 75.74% for Q1 2026 at FTC Solar, down from 27.88% in the prior quarter.
  • Across five years, FCF Margin topped out at 53.87% in Q2 2022 and bottomed at 128.62% in Q4 2024.
  • A 5-year average of 48.83% and a median of 41.18% in 2025 frame the typical range for FCF Margin.
  • Annual changes were most pronounced in 2022 — FCF Margin jumped 17081 bps — and 2023, when it plunged 12389 bps.
  • FTC Solar's FCF Margin stood at 21.34% in 2022, then tumbled by 34 bps to 28.57% in 2023, then slumped by 350 bps to 128.62% in 2024, then surged by 78 bps to 27.88% in 2025, then slumped by 172 bps to 75.74% in 2026.
  • Business Quant data shows FTCI's FCF Margin at 75.74% in Q1 2026, 27.88% in Q4 2025, and 57.93% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn -31.93%
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 14.00%
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 32.11%
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -0.56%
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 1.41%
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -34.93%
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 16.54%
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn -16.53%
10 FTC Solar 48.88 Mn 43.25 Mn -1.23 Mn -75.74%

Historic Data

Download Data
DateValue
Mar 31, 2026 -75.74%
Dec 31, 2025 -27.88%
Sep 30, 2025 -57.93%
Jun 30, 2025 -12.41%
Mar 31, 2025 -41.18%
Dec 31, 2024 -128.62%
Sep 30, 2024 -25.62%
Jun 30, 2024 -39.17%
Mar 31, 2024 -97.63%
Dec 31, 2023 -28.57%
Sep 30, 2023 -51.85%
Jun 30, 2023 -70.03%
Mar 31, 2023 -20.40%
Dec 31, 2022 -21.34%
Sep 30, 2022 -77.35%
Jun 30, 2022 53.87%
Mar 31, 2022 -108.23%
Dec 31, 2021 -40.00%
Sep 30, 2021 -16.24%
Jun 30, 2021 -116.95%