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| Date | Value |
|---|---|
| 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 |