FTC Solar (FTCI) Free Cash Flow (2020 - 2026)
FTC Solar (FTCI) posted Free Cash Flow of -$13.1 million for Q1 2026, down 56.34% on a QoQ basis from -$8.4 million in Q4 2025, and down 52.65% year-over-year from -$27.6 million in Q1 2025.
FTC Solar (FTCI) Free Cash Flow (2020 - 2026) Analysis & Trends
FTC Solar's Free Cash Flow history runs 7 years deep, the most recent figure standing at -$13.1 million for 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 was -$13.1 million for Q1 2026 at FTC Solar, down from -$8.4 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $16.5 million in Q2 2022 and bottomed at -$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 sank 480.59%.
- FTC Solar's Free Cash Flow stood at -$5.6 million in 2022, then decreased by 18.46% to -$6.6 million in 2023, then tumbled by 156.16% to -$17.0 million in 2024, then jumped by 50.74% to -$8.4 million in 2025, then plunged by 56.34% to -$13.1 million in 2026.
- Business Quant data shows FTCI's Free Cash Flow at -$13.1 million in Q1 2026, -$8.4 million in Q4 2025, and -$15.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | -333.40 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 123.32 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 90.83 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -1.73 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 10.21 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -49.10 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 201.34 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | -36.93 Mn |
| 10 | FTC Solar | 48.88 Mn | 43.25 Mn | -1.23 Mn | -13.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | -6.63 Mn |
| Dec 31, 2023 | -6.63 Mn |