FTC Solar (FTCI) Gross Profit (2020 - 2026)
FTC Solar's (FTCI) quarterly Gross Profit came in at -$1.2 million in Q1 2026, up 64.4% YoY from -$746333.0 in Q1 2025, and down 125.08% on a QoQ basis from $4.9 million in Q4 2025.
FTC Solar (FTCI) Gross Profit (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has 7 years of Gross Profit data on file, last reported at -$1.2 million in Q1 2026.
- Quarterly Gross Profit rose 64.4% year-over-year to -$1.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.3 million (up 109.62% YoY) and the FY2025 annual result came in at -$880000.0, up 93.01% from the prior year.
- Gross Profit retreated to -$1.2 million in Q1 2026, from $4.9 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $4.9 million in Q4 2025 to a low of -$9.5 million in Q3 2022.
- A 5-year average of -$2.0 million and a median of -$2.1 million in 2024 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2022 — Gross Profit sank 7904.2% — and 2025, when it jumped 227.5%.
- Tracing FTCI's Gross Profit over 5 years: stood at -$1.9 million in 2022, then soared by 136.15% to $692000.0 in 2023, then sank by 654.48% to -$3.8 million in 2024, then jumped by 227.5% to $4.9 million in 2025, then plunged 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn |
| 10 | FTC Solar | 34.34 Mn | 23.27 Mn | -2.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -2.23 Mn |
| Jun 30, 2026 | -2.23 Mn |
| 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 |