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

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

FTC Solar's (FTCI) quarterly Net Income came in at -$27.1 million in Q2 2026, down 75.8% on a YoY basis from -$112.1 million in Q2 2025, and down 183.23% quarter-over-quarter from $32.6 million in Q1 2026.

Analysis

FTC Solar (FTCI) Net Income (2020 - 2026) Analysis & Trends

FTC Solar (FTCI) has reported Net Income for 7 consecutive years, with -$27.1 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Net Income fell 75.8% year-over-year to -$27.1 million; the trailing twelve-month figure through Jun 2026 stood at -$37.7 million (down 3.51% YoY), and the FY2025 full-year result was -$62.5 million, down 63.41% from the prior year.
  • Net Income eased to -$27.1 million in Q2 2026 per FTCI's latest filing, from $32.6 million in the prior quarter.
  • Across five years, Net Income topped out at $32.6 million in Q1 2026 and bottomed at -$27.8 million in Q1 2022.
  • Historically, Net Income has averaged -$11.9 million across 5 years, with a median of -$13.8 million in 2024.
  • The sharpest annual moves came in 2025 and 2026: Net Income plunged 944.52% in 2025, then soared 953.47% in 2026.
  • Over 5 years, Net Income stood at $766000.0 in 2022, then sank by 214.62% to -$878000.0 in 2023, then tumbled by 110.02% to -$1.8 million in 2024, then slumped by 944.52% to -$19.3 million in 2025, then tumbled by 40.84% to -$27.1 million in 2026.
  • According to Business Quant data, Net Income over the past three periods registered -$27.1 million, $32.6 million, and -$19.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 First Solar 22.26 Bn 20.53 Bn 605.00 Mn 422.57 Mn
2 Nextpower 12.25 Bn 11.04 Bn 335.85 Mn 165.36 Mn
3 Enphase Energy 4.86 Bn 3.93 Bn 175.01 Mn 36.08 Mn
4 Solaredge Technologies 2.25 Bn 1.67 Bn 95.15 Mn -30.75 Mn
5 T1 Energy 1.29 Bn 1.08 Bn 49.10 Mn -43.54 Mn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 12.14 Mn
7 Canadian Solar 877.81 Mn -588.69 Mn 168.48 Mn -85.77 Mn
8 Array Technologies 700.09 Mn 392.79 Mn 99.60 Mn 24.32 Mn
9 JinkoSolar Holding 608.82 Mn -2.07 Bn 75.62 Mn -214.75 Mn
10 FTC Solar 36.75 Mn 25.68 Mn -2.23 Mn -27.13 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -27.13 Mn
Mar 31, 2026 32.59 Mn
Dec 31, 2025 -19.26 Mn
Sep 30, 2025 -23.94 Mn
Jun 30, 2025 -15.43 Mn
Mar 31, 2025 -3.82 Mn
Dec 31, 2024 -1.84 Mn
Sep 30, 2024 -15.36 Mn
Jun 30, 2024 -12.25 Mn
Mar 31, 2024 -8.77 Mn
Dec 31, 2023 -878,000.00
Sep 30, 2023 -16.94 Mn
Jun 30, 2023 -10.41 Mn
Mar 31, 2023 -11.76 Mn
Dec 31, 2022 766,000.00
Sep 30, 2022 -25.64 Mn
Jun 30, 2022 -25.68 Mn
Mar 31, 2022 -27.80 Mn
Dec 31, 2021 -1.36 Mn
Sep 30, 2021 -22.92 Mn