FTC Solar (FTCI) FCF Margin (2020 - 2026)
FTC Solar (FTCI) posted FCF Margin of 16.95% for Q3 2026, up 75.20 percentage points from -58.24% a year earlier but down 13.56 percentage points from the prior quarter.
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Analysis
FTC Solar (FTCI) FCF Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, FCF Margin at FTC Solar was -7.24%, up 46.73 percentage points year-over-year; for FY2025, it was -34.68%, up 42.07 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of -34.88 percentage points (FY2020 to FY2025).
- In prior years, FTC Solar's FCF Margin was -76.75% in FY2024 (-34.64 pp), -42.10% in FY2023 (+2.99 pp), -45.09% in FY2022 (+4.39 pp) and -49.49% in FY2021 (-49.69 pp).
- Quarterly FCF Margin has run from a low of -128.62% in Q4 2024 to a high of 53.87% in Q2 2022 over five years.
- On a year-over-year basis, FCF Margin increased in five of the last eight quarters, with an average year-over-year change of +17.16 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q2 2022, with a gain of 170.81 percentage points; the weakest was Q2 2023, with a drop of 123.89 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 30.51% (Q2 2026), -75.74% (Q1 2026) and -25.45% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 42.79% |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | -14.62% |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | -16.07% |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 12.17% |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 15.79% |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 10.17% |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 17.53% |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 18.94% |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 17.03% |
| 10 | FTC Solar | 19.06 Mn | -35.44 Mn | 1.90 Mn | 16.95% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.95% |
| Jun 30, 2026 | 30.51% |
| Mar 31, 2026 | -75.74% |
| Dec 31, 2025 | -25.45% |
| Sep 30, 2025 | -58.24% |
| 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% |
API Access
FTC Solar FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=FTCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "FTCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=FTCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();