FTC Solar (FTCI) Net Margin (2020 - 2026)
FTC Solar's (FTCI) quarterly Net Margin came in at 93.5% in Q1 2026, down 5301.0% YoY from 1.8% in Q1 2025, and down 45.61% on a QoQ basis from 64.21% in Q4 2025.
FTC Solar (FTCI) Net Margin (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has 7 years of Net Margin data on file, last reported at 93.5% in Q1 2026.
- Quarterly Net Margin fell 5301.0% year-over-year to 93.5% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 80.16% (up 669.0% YoY) and the FY2025 annual result came in at 62.65%, up 3999.0% from the prior year.
- Net Margin declined to 93.5% in Q1 2026, from 64.21% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 28.76% in Q1 2023 to a low of 154.7% in Q3 2022.
- A 5-year average of 77.97% and a median of 77.18% in 2025 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin sank 11146 bps — and 2023, when it jumped 9926 bps.
- Tracing FTCI's Net Margin over 5 years: stood at 78.17% in 2022, then surged by 38 bps to 48.17% in 2023, then tumbled by 92 bps to 92.68% in 2024, then jumped by 31 bps to 64.21% in 2025, then plunged by 46 bps to 93.5% in 2026.
- The last three Net Margin figures came in at 93.5% (Q1 2026), 64.21% (Q4 2025), and 91.96% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.22 Bn | 21.50 Bn | 605.00 Mn | 40.01% |
| 2 | Nextpower | 13.18 Bn | 11.97 Bn | 335.85 Mn | 17.68% |
| 3 | Enphase Energy | 5.14 Bn | 4.20 Bn | 175.01 Mn | 12.36% |
| 4 | Sunrun | 2.23 Bn | 2.23 Bn | 527.54 Mn | -23.93% |
| 5 | Solaredge Technologies | 1.90 Bn | 1.32 Bn | 95.15 Mn | -8.88% |
| 6 | Shoals Technologies | 1.22 Bn | 1.20 Bn | 49.53 Mn | 7.43% |
| 7 | Canadian Solar | 984.93 Mn | -603.36 Mn | 124.40 Mn | -7.09% |
| 8 | JinkoSolar Holding | 837.66 Mn | -2.47 Bn | 147.66 Mn | 129.61% |
| 9 | Array Technologies | 729.29 Mn | 421.99 Mn | 99.60 Mn | 2.47% |
| 10 | FTC Solar | 34.83 Mn | 23.75 Mn | -2.23 Mn | -103.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -103.70% |
| Mar 31, 2026 | -93.50% |
| Dec 31, 2025 | -64.21% |
| Sep 30, 2025 | -91.96% |
| Jun 30, 2025 | -77.18% |
| Mar 31, 2025 | -40.49% |
| Dec 31, 2024 | -92.68% |
| Sep 30, 2024 | -151.53% |
| Jun 30, 2024 | -107.10% |
| Mar 31, 2024 | -69.68% |
| Dec 31, 2023 | -48.17% |
| Sep 30, 2023 | -55.44% |
| Jun 30, 2023 | -32.18% |
| Mar 31, 2023 | -28.76% |
| Dec 31, 2022 | -78.17% |
| Sep 30, 2022 | -154.70% |
| Jun 30, 2022 | -83.60% |
| Mar 31, 2022 | -56.09% |
| Dec 31, 2021 | -23.48% |
| Sep 30, 2021 | -43.24% |