FTC Solar FTCI
NASDAQ FTCI
$2.31 -0.03 (-1.28%)
At close: Sep 10, 2026 · 4:00 PM EDT

FTC Solar (FTCI) Intangibles (2021 - 2024)

FTC Solar's (FTCI) quarterly Intangibles came in at $2.0 million in Q4 2024, down 21.17% on a YoY basis from $2.6 million in Q1 2024, and up 1370.07% quarter-over-quarter from $137000.0 in Q3 2024.

Analysis

FTC Solar (FTCI) Intangibles (2021 - 2024) Analysis & Trends

FTC Solar (FTCI) has reported Intangibles for 4 consecutive years, with $2.0 million the latest figure, recorded in Q4 2024.

  • For the quarter ending Q4 2024, Intangibles fell 21.17% year-over-year to $2.0 million; the trailing twelve-month figure through Dec 2024 stood at $2.0 million (down 21.17% YoY), and the FY2024 full-year result was $2.0 million, down 21.17% from the prior year.
  • Intangibles grew to $2.0 million in Q4 2024 per FTCI's latest filing, from $137000.0 in the prior quarter.
  • Across five years, Intangibles topped out at $2.6 million in Q4 2022 and bottomed at $137000.0 in Q3 2024.
  • Historically, Intangibles has averaged $1.2 million across 4 years, with a median of $1.1 million in 2021.
  • The sharpest annual moves came in 2022 and 2024: Intangibles soared 115.92% in 2022, then tumbled 79.15% in 2024.
  • Over 4 years, Intangibles stood at $1.2 million in 2021, then jumped by 115.92% to $2.6 million in 2022, then dropped by 1.39% to $2.6 million in 2023, then dropped by 21.17% to $2.0 million in 2024.
  • According to Business Quant data, Intangibles over the past three periods registered $2.0 million, $137000.0, and $264000.0 for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 First Solar 22.26 Bn 20.53 Bn 605.00 Mn 63.37 Mn
2 Nextpower 12.25 Bn 11.04 Bn 335.85 Mn 80.64 Mn
3 Enphase Energy 4.86 Bn 3.93 Bn 175.01 Mn 13.08 Mn
4 Solaredge Technologies 2.25 Bn 1.67 Bn 95.15 Mn 5.78 Mn
5 T1 Energy 1.29 Bn 1.08 Bn 49.10 Mn 157.78 Mn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 29.71 Mn
7 Canadian Solar 877.81 Mn -588.69 Mn 168.48 Mn 29.81 Mn
8 Array Technologies 700.09 Mn 392.79 Mn 99.60 Mn 212.47 Mn
9 JinkoSolar Holding 608.82 Mn -2.07 Bn 75.62 Mn 296.88 Mn
10 FTC Solar 36.75 Mn 25.68 Mn -2.23 Mn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2024 2.01 Mn
Sep 30, 2024 137,000.00
Jun 30, 2024 264,000.00
Mar 31, 2024 399,000.00
Dec 31, 2023 2.56 Mn
Sep 30, 2023 657,000.00
Jun 30, 2023 792,000.00
Mar 31, 2023 977,000.00
Dec 31, 2022 2.59 Mn
Sep 30, 2022 1.22 Mn
Jun 30, 2022 1.43 Mn
Dec 31, 2021 1.20 Mn