FTC Solar (FTCI) Free Cash Flow (2020 - 2026)
FTC Solar's (FTCI) quarterly Free Cash Flow came in at -$13.1 million in Q1 2026, down 52.65% YoY from -$27.6 million in Q1 2025, and down 56.34% on a QoQ basis from -$8.4 million in Q4 2025.
FTC Solar (FTCI) Free Cash Flow (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has 7 years of Free Cash Flow data on file, last reported at -$13.1 million in Q1 2026.
- Quarterly Free Cash Flow fell 52.65% year-over-year to -$13.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$39.0 million (down 19.55% YoY) and the FY2025 annual result came in at -$34.6 million, up 4.87% from the prior year.
- Free Cash Flow fell to -$13.1 million in Q1 2026, from -$8.4 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $16.5 million in Q2 2022 to a low of -$53.6 million in Q1 2022.
- A 5-year average of -$11.3 million and a median of -$8.6 million in 2025 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2022 — Free Cash Flow jumped 128.24% — and 2025, when it slumped 480.59%.
- Tracing FTCI's Free Cash Flow over 5 years: 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 slumped by 56.34% to -$13.1 million in 2026.
- The last three Free Cash Flow figures came in at -$13.1 million (Q1 2026), -$8.4 million (Q4 2025), and -$15.1 million (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | -255.15 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 105.16 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 25.93 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | -190.47 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 11.42 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | -207,000.00 |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 201.34 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 113.65 Mn |
| 10 | FTC Solar | 34.18 Mn | 23.11 Mn | -2.23 Mn | 7.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.98 Mn |
| Jun 30, 2026 | 7.98 Mn |
| Mar 31, 2026 | -13.08 Mn |
| Mar 31, 2026 | -13.08 Mn |
| Dec 31, 2025 | -8.36 Mn |
| Dec 31, 2025 | -8.36 Mn |
| Sep 30, 2025 | -15.08 Mn |
| Sep 30, 2025 | -15.08 Mn |
| Jun 30, 2025 | -2.48 Mn |
| Jun 30, 2025 | -2.48 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 |