FTC Solar (FTCI) Free Cash Flow (2020 - 2026)

FTC Solar (FTCI) reported Free Cash Flow of -$13.0 million for Q1 2026, down 52.32% on a YoY basis from -$27.4 million in Q1 2025, and down 56.0% quarter-over-quarter from -$8.4 million in Q4 2025.

FTC Solar (FTCI) Free Cash Flow (2020 - 2026) Analysis & Trends

FTC Solar has reported Free Cash Flow for 7 years, with the latest figure at -$13.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow fell 52.32% year-over-year to -$13.0 million; the trailing twelve-month figure through Mar 2026 stood at -$39.0 million (down 19.47% YoY), and the FY2025 full-year result was -$34.6 million, up 4.87% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$13.0 million, down from -$8.4 million in the prior quarter.
  • The five-year high for Free Cash Flow was $16.5 million in Q2 2022, with the low at -$53.6 million in Q1 2022.
  • Historically, Free Cash Flow has averaged -$11.3 million across 5 years, with a median of -$8.6 million in 2025.
  • Annual changes were most pronounced in 2022 — Free Cash Flow jumped 128.24% — and 2025, when it sank 479.82%.
  • FTC Solar's Free Cash Flow stood at -$5.6 million in 2022, then fell by 18.46% to -$6.6 million in 2023, then sank by 156.16% to -$17.0 million in 2024, then surged by 50.74% to -$8.4 million in 2025, then tumbled by 56.0% to -$13.0 million in 2026.
  • The last three Free Cash Flow figures came in at -$13.0 million (Q1 2026), -$8.4 million (Q4 2025), and -$15.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn -333.40 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 123.32 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 90.83 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -1.73 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 10.21 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -41.78 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -36.93 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -9.46 Mn
10 FTC Solar 68.50 Mn 62.86 Mn -1.23 Mn -13.05 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -13.05 Mn
Mar 31, 2026 -13.05 Mn
Dec 31, 2025 -8.36 Mn
Dec 31, 2025 -8.36 Mn
Sep 30, 2025 -15.06 Mn
Sep 30, 2025 -15.06 Mn
Jun 30, 2025 -2.50 Mn
Jun 30, 2025 -2.50 Mn
Mar 31, 2025 -8.57 Mn
Mar 31, 2025 -8.57 Mn
Dec 31, 2024 -16.98 Mn
Dec 31, 2024 -16.98 Mn
Sep 30, 2024 -2.60 Mn
Sep 30, 2024 -2.60 Mn
Jun 30, 2024 -4.48 Mn
Jun 30, 2024 -4.48 Mn
Mar 31, 2024 -12.29 Mn
Mar 31, 2024 -12.29 Mn
Dec 31, 2023 -6.63 Mn
Dec 31, 2023 -6.63 Mn