Growth Metrics

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

FTC Solar posted quarterly FCF Margin of 75.57% for Q1 2026, down 3440.0% year-on-year from 2.26% in Q1 2025, and down 171.07% on a QoQ basis from 27.88% in Q4 2025.

FTC Solar (FTCI) has 7 years of FCF Margin data on file, last reported at 75.57% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 3440.0% year-over-year to 75.57%; the trailing twelve-month figure through Mar 2026 stood at 41.78% (up 1693.0% YoY), and the FY2025 full-year result was 34.68%, up 4207.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 75.57%, 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.
  • The 5-year median for FCF Margin is 41.18% (2025), against an average of 48.82%.
  • The widest annual swing landed in 2022, when FCF Margin jumped 17081 bps; it then tumbled 12389 bps in 2023.
  • A 5-year view of FCF Margin shows it stood at 21.34% in 2022, then plunged by 34 bps to 28.57% in 2023, then tumbled by 350 bps to 128.62% in 2024, then jumped by 78 bps to 27.88% in 2025, then sank by 171 bps to 75.57% in 2026.
  • The last three FCF Margin figures came in at 75.57% (Q1 2026), 27.88% (Q4 2025), and 57.85% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn -31.93%
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 14.00%
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 16.54%
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 32.11%
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -0.56%
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 1.41%
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn -29.72%
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -16.53%
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -
10 FTC Solar 73.33 Mn 67.69 Mn -1.23 Mn -75.57%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -75.57%
Dec 31, 2025 -27.88%
Sep 30, 2025 -57.85%
Jun 30, 2025 -12.51%
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%
Mar 31, 2021 -39.55%
Dec 31, 2020 33.98%
Sep 30, 2020 13.88%
Jun 30, 2020 -32.48%
Mar 31, 2020 -19.46%