Growth Metrics

FTC Solar (FTCI) Net Income (2020 - 2026)

FTC Solar posted quarterly Net Income of $32.6 million for Q1 2026, up 953.47% year-on-year from $3.1 million in Q1 2025, and up 190.12% on a QoQ basis from -$36.2 million in Q4 2025.

FTC Solar (FTCI) has 7 years of Net Income data on file, last reported at $32.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Net Income rose 953.47% year-over-year to $32.6 million; the trailing twelve-month figure through Mar 2026 stood at -$42.9 million (up 1.62% YoY), and the FY2025 full-year result was -$79.4 million, down 63.26% from the prior year.
  • Net Income for Q1 2026 stood at $32.6 million, up from -$36.2 million in the prior quarter.
  • Across five years, Net Income topped out at $32.6 million in Q1 2026 and bottomed at -$36.2 million in Q4 2025.
  • The 5-year median for Net Income is -$15.4 million (2024), against an average of -$14.4 million.
  • The widest annual swing landed in 2022, when Net Income tumbled 273.52%; it then surged 953.47% in 2026.
  • A 5-year view of Net Income shows it stood at -$20.5 million in 2022, then soared by 45.1% to -$11.3 million in 2023, then decreased by 8.71% to -$12.2 million in 2024, then plunged by 195.59% to -$36.2 million in 2025, then surged by 190.12% to $32.6 million in 2026.
  • The last three Net Income figures came in at $32.6 million (Q1 2026), -$36.2 million (Q4 2025), and -$23.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 346.62 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 150.60 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn -10.82 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn -7.45 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -57.37 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -297.33 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn -297,000.00
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 2.03 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -228.75 Mn
10 FTC Solar 73.33 Mn 67.69 Mn -1.23 Mn 32.59 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 32.59 Mn
Dec 31, 2025 -36.17 Mn
Sep 30, 2025 -23.94 Mn
Jun 30, 2025 -15.43 Mn
Mar 31, 2025 -3.82 Mn
Dec 31, 2024 -12.24 Mn
Sep 30, 2024 -15.36 Mn
Jun 30, 2024 -12.24 Mn
Mar 31, 2024 -8.77 Mn
Dec 31, 2023 -11.26 Mn
Sep 30, 2023 -16.94 Mn
Jun 30, 2023 -10.41 Mn
Mar 31, 2023 -11.76 Mn
Dec 31, 2022 -20.50 Mn
Sep 30, 2022 -25.64 Mn
Jun 30, 2022 -25.68 Mn
Mar 31, 2022 -27.80 Mn
Dec 31, 2021 -23.88 Mn
Sep 30, 2021 -22.92 Mn
Jun 30, 2021 -52.35 Mn
Mar 31, 2021 -7.44 Mn
Dec 31, 2020 -10.07 Mn
Sep 30, 2020 -2.65 Mn
Jun 30, 2020 -6.14 Mn
Mar 31, 2020 2.94 Mn