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| Date | Value |
|---|---|
| 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% |