FTC Solar (FTCI) Invested Capital (2020 - 2026)

FTC Solar (FTCI) reported Invested Capital of $6.7 million for Q1 2026, down 73.78% on a YoY basis from $25.7 million in Q1 2025, and up 120.4% quarter-over-quarter from -$33.0 million in Q4 2025.

FTC Solar (FTCI) Invested Capital (2020 - 2026) Analysis & Trends

FTC Solar has reported Invested Capital for 7 years, with the latest figure 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.
  • The five-year high for Invested Capital was $120.2 million in Q1 2022, with the low at -$33.0 million in Q4 2025.
  • Historically, Invested Capital has averaged $49.0 million across 5 years, with a median of $55.2 million in 2024.
  • Annual changes were most pronounced in 2022 — Invested Capital surged 24127.42% — and 2025, when it slumped 215.91%.
  • FTC Solar's Invested Capital stood at $66.4 million in 2022, then dropped by 5.99% to $62.5 million in 2023, then slumped by 54.38% to $28.5 million in 2024, then tumbled by 215.91% to -$33.0 million in 2025, then surged 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 28.68 Bn 26.25 Bn 486.13 Mn 10.21 Bn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 2.33 Bn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 1.67 Bn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 410.72 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 3.63 Bn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 601.65 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 106.71 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 26.33 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 40.85 Mn
10 FTC Solar 68.50 Mn 62.86 Mn -1.23 Mn 6.74 Mn

Historic Data

Download Data
DateValue
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