Growth Metrics

FTC Solar (FTCI) Gross Profit (2020 - 2026)

FTC Solar posted quarterly Gross Profit of -$1.2 million for Q1 2026, up 64.4% year-on-year from -$746333.0 in Q1 2025, and down 125.08% on a QoQ basis from $4.9 million in Q4 2025.

FTC Solar (FTCI) has 7 years of Gross Profit data on file, last reported at -$1.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Gross Profit rose 64.4% year-over-year to -$1.2 million; the trailing twelve-month figure through Mar 2026 stood at $1.3 million (up 109.62% YoY), and the FY2025 full-year result was -$880000.0, up 93.01% from the prior year.
  • Gross Profit for Q1 2026 stood at -$1.2 million, down from $4.9 million in the prior quarter.
  • Across five years, Gross Profit topped out at $4.9 million in Q4 2025 and bottomed at -$9.5 million in Q3 2022.
  • The 5-year median for Gross Profit is -$2.1 million (2024), against an average of -$2.0 million.
  • The widest annual swing landed in 2022, when Gross Profit tumbled 7904.2%; it then jumped 227.5% in 2025.
  • A 5-year view of Gross Profit shows it stood at -$1.9 million in 2022, then jumped by 136.15% to $692000.0 in 2023, then plunged by 654.48% to -$3.8 million in 2024, then surged by 227.5% to $4.9 million in 2025, then tumbled by 125.08% to -$1.2 million in 2026.
  • The last three Gross Profit figures came in at -$1.2 million (Q1 2026), $4.9 million (Q4 2025), and $1.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 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

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -1.23 Mn
Mar 31, 2026 -1.23 Mn
Dec 31, 2025 4.89 Mn
Dec 31, 2025 4.89 Mn
Sep 30, 2025 1.59 Mn
Sep 30, 2025 1.59 Mn
Jun 30, 2025 -3.92 Mn
Jun 30, 2025 -3.92 Mn
Mar 31, 2025 -3.45 Mn
Mar 31, 2025 -3.45 Mn
Dec 31, 2024 -3.84 Mn
Dec 31, 2024 -3.84 Mn
Sep 30, 2024 -4.31 Mn
Sep 30, 2024 -4.31 Mn
Jun 30, 2024 -2.34 Mn
Jun 30, 2024 -2.34 Mn
Mar 31, 2024 -2.11 Mn
Mar 31, 2024 -2.11 Mn
Dec 31, 2023 692,000.00
Dec 31, 2023 692,000.00
Sep 30, 2023 3.38 Mn
Sep 30, 2023 3.38 Mn
Jun 30, 2023 2.20 Mn
Jun 30, 2023 2.20 Mn
Mar 31, 2023 2.04 Mn
Mar 31, 2023 2.04 Mn
Dec 31, 2022 -1.91 Mn
Dec 31, 2022 -1.91 Mn
Sep 30, 2022 -9.52 Mn
Sep 30, 2022 -9.52 Mn
Jun 30, 2022 -6.51 Mn
Jun 30, 2022 -6.51 Mn
Mar 31, 2022 -9.29 Mn
Mar 31, 2022 -9.29 Mn
Dec 31, 2021 -8.58 Mn
Dec 31, 2021 -8.58 Mn
Sep 30, 2021 -8.04 Mn
Sep 30, 2021 -8.04 Mn
Jun 30, 2021 16.05 Mn
Jun 30, 2021 16.05 Mn
Mar 31, 2021 119,000.00
Mar 31, 2021 119,000.00
Dec 31, 2020 -4.83 Mn
Dec 31, 2020 -4.83 Mn
Sep 30, 2020 2.87 Mn
Sep 30, 2020 2.87 Mn
Jun 30, 2020 -1.38 Mn
Jun 30, 2020 -1.38 Mn
Mar 31, 2020 6.98 Mn
Mar 31, 2020 6.98 Mn