FTC Solar (FTCI) Gross Profit (2020 - 2026)
FTC Solar (FTCI) posted Gross Profit of -$1.2 million for Q1 2026, down 125.08% on a QoQ basis from $4.9 million in Q4 2025, and up 64.4% year-over-year from -$746333.0 in Q1 2025.
FTC Solar (FTCI) Gross Profit (2020 - 2026) Analysis & Trends
FTC Solar's Gross Profit history runs 7 years deep, the most recent figure standing at -$1.2 million for 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 was -$1.2 million for Q1 2026 at FTC Solar, 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.
- 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 plunged 7904.2% — and 2025, when it jumped 227.5%.
- FTC Solar's 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 slumped by 125.08% to -$1.2 million in 2026.
- Business Quant data shows FTCI's Gross Profit at -$1.2 million in Q1 2026, $4.9 million in Q4 2025, and $1.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 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 |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn |
| 10 | FTC Solar | 48.88 Mn | 43.25 Mn | -1.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |