FTC Solar (FTCI) Gross Profit (2020 - 2026)
FTC Solar posted quarterly Gross Profit of -$1.2 million for Q1 2026, up 64.4% year-on-year from -$746333.0 in Q1 2025, and down 125.08% on a QoQ basis from $4.9 million in Q4 2025.
FTC Solar (FTCI) has 7 years of Gross Profit data on file, last reported 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.
- Across five years, Gross Profit topped out at $4.9 million in Q4 2025 and bottomed at -$9.5 million in Q3 2022.
- The 5-year median for Gross Profit is -$2.1 million (2024), against an average of -$2.0 million.
- The widest annual swing landed in 2022, when Gross Profit tumbled 7904.2%; it then jumped 227.5% in 2025.
- A 5-year view of Gross Profit shows it stood at -$1.9 million in 2022, then jumped by 136.15% to $692000.0 in 2023, then plunged by 654.48% to -$3.8 million in 2024, then surged by 227.5% to $4.9 million in 2025, then tumbled 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn |
| 10 | FTC Solar | 73.33 Mn | 67.69 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 |
| Sep 30, 2023 | 3.38 Mn |
| Sep 30, 2023 | 3.38 Mn |
| Jun 30, 2023 | 2.20 Mn |
| Jun 30, 2023 | 2.20 Mn |
| Mar 31, 2023 | 2.04 Mn |
| Mar 31, 2023 | 2.04 Mn |
| Dec 31, 2022 | -1.91 Mn |
| Dec 31, 2022 | -1.91 Mn |
| Sep 30, 2022 | -9.52 Mn |
| Sep 30, 2022 | -9.52 Mn |
| Jun 30, 2022 | -6.51 Mn |
| Jun 30, 2022 | -6.51 Mn |
| Mar 31, 2022 | -9.29 Mn |
| Mar 31, 2022 | -9.29 Mn |
| Dec 31, 2021 | -8.58 Mn |
| Dec 31, 2021 | -8.58 Mn |
| Sep 30, 2021 | -8.04 Mn |
| Sep 30, 2021 | -8.04 Mn |
| Jun 30, 2021 | 16.05 Mn |
| Jun 30, 2021 | 16.05 Mn |
| Mar 31, 2021 | 119,000.00 |
| Mar 31, 2021 | 119,000.00 |
| Dec 31, 2020 | -4.83 Mn |
| Dec 31, 2020 | -4.83 Mn |
| Sep 30, 2020 | 2.87 Mn |
| Sep 30, 2020 | 2.87 Mn |
| Jun 30, 2020 | -1.38 Mn |
| Jun 30, 2020 | -1.38 Mn |
| Mar 31, 2020 | 6.98 Mn |
| Mar 31, 2020 | 6.98 Mn |