FTC Solar (FTCI) Free Cash Flow (2020 - 2026)
FTC Solar posted quarterly Free Cash Flow of -$13.0 million for Q1 2026, down 52.32% year-on-year from -$27.4 million in Q1 2025, and down 56.0% on a QoQ basis from -$8.4 million in Q4 2025.
FTC Solar (FTCI) has 7 years of Free Cash Flow data on file, last reported 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.
- Across five years, Free Cash Flow topped out at $16.5 million in Q2 2022 and bottomed at -$53.6 million in Q1 2022.
- The 5-year median for Free Cash Flow is -$8.6 million (2025), against an average of -$11.3 million.
- The widest annual swing landed in 2022, when Free Cash Flow jumped 128.24%; it then tumbled 479.82% in 2025.
- A 5-year view of Free Cash Flow shows it stood at -$5.6 million in 2022, then retreated by 18.46% to -$6.6 million in 2023, then plunged by 156.16% to -$17.0 million in 2024, then soared by 50.74% to -$8.4 million in 2025, then slumped 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | -333.40 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 123.32 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 201.34 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 90.83 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -1.73 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 10.21 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -41.78 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -36.93 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | FTC Solar | 73.33 Mn | 67.69 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 |
| Sep 30, 2023 | -15.84 Mn |
| Sep 30, 2023 | -15.84 Mn |
| Jun 30, 2023 | -22.66 Mn |
| Jun 30, 2023 | -22.66 Mn |
| Mar 31, 2023 | -8.34 Mn |
| Mar 31, 2023 | -8.34 Mn |
| Dec 31, 2022 | -5.60 Mn |
| Dec 31, 2022 | -5.60 Mn |
| Sep 30, 2022 | -12.82 Mn |
| Sep 30, 2022 | -12.82 Mn |
| Jun 30, 2022 | 16.55 Mn |
| Jun 30, 2022 | 16.55 Mn |
| Mar 31, 2022 | -53.63 Mn |
| Mar 31, 2022 | -53.63 Mn |
| Dec 31, 2021 | -40.69 Mn |
| Dec 31, 2021 | -40.69 Mn |
| Sep 30, 2021 | -8.60 Mn |
| Sep 30, 2021 | -8.60 Mn |
| Jun 30, 2021 | -58.60 Mn |
| Jun 30, 2021 | -58.60 Mn |
| Mar 31, 2021 | -25.99 Mn |
| Mar 31, 2021 | -25.99 Mn |
| Dec 31, 2020 | 15.01 Mn |
| Dec 31, 2020 | 15.01 Mn |
| Sep 30, 2020 | 8.28 Mn |
| Sep 30, 2020 | 8.28 Mn |
| Jun 30, 2020 | -16.62 Mn |
| Jun 30, 2020 | -16.62 Mn |
| Mar 31, 2020 | -6.30 Mn |
| Mar 31, 2020 | -6.30 Mn |