FTC Solar FTCI
NASDAQ FTCI
$2.31 -0.03 (-1.28%)
At close: Sep 10, 2026 · 4:00 PM EDT

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

FTC Solar's (FTCI) quarterly Gross Profit came in at -$2.2 million in Q2 2026, up 43.0% on a YoY basis from -$1.6 million in Q2 2025, and down 82.07% quarter-over-quarter from -$1.2 million in Q1 2026.

Analysis

FTC Solar (FTCI) Gross Profit (2020 - 2026) Analysis & Trends

FTC Solar (FTCI) has reported Gross Profit for 7 consecutive years, with -$2.2 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Gross Profit rose 43.0% year-over-year to -$2.2 million; the trailing twelve-month figure through Jun 2026 stood at $3.0 million (up 119.5% YoY), and the FY2025 full-year result was -$880000.0, up 93.01% from the prior year.
  • Gross Profit eased to -$2.2 million in Q2 2026 per FTCI's latest filing, from -$1.2 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.
  • Historically, Gross Profit has averaged -$2.0 million across 5 years, with a median of -$2.2 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Gross Profit slumped 7904.2% in 2022, then surged 227.5% in 2025.
  • Over 5 years, Gross Profit stood at -$1.9 million in 2022, then surged by 136.15% to $692000.0 in 2023, then tumbled by 654.48% to -$3.8 million in 2024, then soared by 227.5% to $4.9 million in 2025, then plunged by 145.67% to -$2.2 million in 2026.
  • According to Business Quant data, Gross Profit over the past three periods registered -$2.2 million, -$1.2 million, and $4.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 22.26 Bn 20.53 Bn 605.00 Mn
2 Nextpower 12.25 Bn 11.04 Bn 335.85 Mn
3 Enphase Energy 4.86 Bn 3.93 Bn 175.01 Mn
4 Solaredge Technologies 2.25 Bn 1.67 Bn 95.15 Mn
5 T1 Energy 1.29 Bn 1.08 Bn 49.10 Mn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn
7 Canadian Solar 877.81 Mn -588.69 Mn 168.48 Mn
8 Array Technologies 700.09 Mn 392.79 Mn 99.60 Mn
9 JinkoSolar Holding 608.82 Mn -2.07 Bn 75.62 Mn
10 FTC Solar 36.75 Mn 25.68 Mn -2.23 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -2.23 Mn
Mar 31, 2026 -1.23 Mn
Dec 31, 2025 4.89 Mn
Sep 30, 2025 1.59 Mn
Jun 30, 2025 -3.92 Mn
Mar 31, 2025 -3.45 Mn
Dec 31, 2024 -3.84 Mn
Sep 30, 2024 -4.31 Mn
Jun 30, 2024 -2.34 Mn
Mar 31, 2024 -2.11 Mn
Dec 31, 2023 692,000.00
Sep 30, 2023 3.38 Mn
Jun 30, 2023 2.20 Mn
Mar 31, 2023 2.04 Mn
Dec 31, 2022 -1.91 Mn
Sep 30, 2022 -9.52 Mn
Jun 30, 2022 -6.51 Mn
Mar 31, 2022 -9.29 Mn
Dec 31, 2021 -8.58 Mn
Sep 30, 2021 -8.04 Mn