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
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