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