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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |