FTC Solar (FTCI) Invested Capital (2020 - 2026)
FTC Solar posted quarterly Invested Capital of $6.7 million for Q1 2026, down 73.78% year-on-year from $25.7 million in Q1 2025, and up 120.4% on a QoQ basis from -$33.0 million in Q4 2025.
FTC Solar (FTCI) has 7 years of Invested Capital data on file, last reported at $6.7 million in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital fell 73.78% year-over-year to $6.7 million; the trailing twelve-month figure through Mar 2026 stood at $6.7 million (down 73.78% YoY), and the FY2025 full-year result was -$33.0 million, down 215.91% from the prior year.
- Invested Capital for Q1 2026 stood at $6.7 million, up from -$33.0 million in the prior quarter.
- Across five years, Invested Capital topped out at $120.2 million in Q1 2022 and bottomed at -$33.0 million in Q4 2025.
- The 5-year median for Invested Capital is $55.2 million (2024), against an average of $49.0 million.
- The widest annual swing landed in 2022, when Invested Capital surged 24127.42%; it then plunged 215.91% in 2025.
- A 5-year view of Invested Capital shows it stood at $66.4 million in 2022, then declined by 5.99% to $62.5 million in 2023, then sank by 54.38% to $28.5 million in 2024, then slumped by 215.91% to -$33.0 million in 2025, then soared by 120.4% to $6.7 million in 2026.
- The last three Invested Capital figures came in at $6.7 million (Q1 2026), -$33.0 million (Q4 2025), and $2.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 10.21 Bn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 2.33 Bn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 9.95 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 1.67 Bn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 410.72 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 3.63 Bn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 601.65 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 106.71 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 3.94 Bn |
| 10 | FTC Solar | 73.33 Mn | 67.69 Mn | -1.23 Mn | 6.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.74 Mn |
| Dec 31, 2025 | -33.04 Mn |
| Sep 30, 2025 | 2.92 Mn |
| Jun 30, 2025 | 19.94 Mn |
| Mar 31, 2025 | 25.70 Mn |
| Dec 31, 2024 | 28.50 Mn |
| Sep 30, 2024 | 30.41 Mn |
| Jun 30, 2024 | 44.24 Mn |
| Mar 31, 2024 | 55.16 Mn |
| Dec 31, 2023 | 62.47 Mn |
| Sep 30, 2023 | 74.07 Mn |
| Jun 30, 2023 | 79.39 Mn |
| Mar 31, 2023 | 68.24 Mn |
| Dec 31, 2022 | 66.45 Mn |
| Sep 30, 2022 | 81.53 Mn |
| Jun 30, 2022 | 100.00 Mn |
| Mar 31, 2022 | 120.17 Mn |
| Dec 31, 2021 | 142.87 Mn |
| Sep 30, 2021 | 163.36 Mn |
| Jun 30, 2021 | 180.77 Mn |
| Mar 31, 2021 | 496,000.00 |
| Dec 31, 2020 | 8.45 Mn |
| Sep 30, 2020 | 16.72 Mn |
| Jun 30, 2020 | 19.12 Mn |
| Mar 31, 2020 | 25.44 Mn |