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

FTC Solar (FTCI) reported Gross Profit of -$1.2 million for Q1 2026, up 64.4% on a YoY basis from -$746333.0 in Q1 2025, and down 125.08% quarter-over-quarter from $4.9 million in Q4 2025.

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

FTC Solar has reported Gross Profit for 7 years, with the latest figure 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.
  • The five-year high for Gross Profit was $4.9 million in Q4 2025, with the low at -$9.5 million in Q3 2022.
  • Historically, Gross Profit has averaged -$2.0 million across 5 years, with a median of -$2.1 million in 2024.
  • Annual changes were most pronounced in 2022 — Gross Profit sank 7904.2% — and 2025, when it jumped 227.5%.
  • FTC Solar's Gross Profit 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn
10 FTC Solar 68.50 Mn 62.86 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