FTC Solar (FTCI) Intangibles (2021 - 2024)

FTC Solar (FTCI) posted Intangibles of $2.0 million for Q4 2024, up 1370.07% on a QoQ basis from $137000.0 in Q3 2024, and down 21.17% year-over-year from $2.6 million in Q1 2024.

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

FTC Solar's Intangibles history runs 4 years deep, the most recent figure standing at $2.0 million for Q4 2024.

  • Quarterly Intangibles fell 21.17% year-over-year to $2.0 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $2.0 million (down 21.17% YoY) and the FY2024 annual result came in at $2.0 million, down 21.17% from the prior year.
  • Intangibles was $2.0 million for Q4 2024 at FTC Solar, up 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.
  • A 4-year average of $1.2 million and a median of $1.1 million in 2021 frame the typical range for Intangibles.
  • Annual changes were most pronounced in 2022 — Intangibles surged 115.92% — and 2024, when it sank 79.15%.
  • FTC Solar's 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.
  • Business Quant data shows FTCI's Intangibles at $2.0 million in Q4 2024, $137000.0 in Q3 2024, and $264000.0 in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 64.88 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 78.05 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 17.56 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 310.08 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 6.42 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 31.60 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 31.98 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 224.92 Mn
10 FTC Solar 48.88 Mn 43.25 Mn -1.23 Mn -

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