FTC Solar (FTCI) Operating Expenses (2020 - 2026)

FTC Solar has reported Operating Expenses for 7 years, with the latest figure at $10.8 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 52.27% year-over-year to $10.8 million; the trailing twelve-month figure through Mar 2026 stood at $38.3 million (up 3.53% YoY), and the FY2025 full-year result was $34.5 million, down 14.15% from the prior year.
• Operating Expenses for Q1 2026 stood at $10.8 million, up from $10.6 million in the prior quarter.
• The five-year high for Operating Expenses was $19.7 million in Q3 2023, with the low at $7.1 million in Q1 2025.
• Historically, Operating Expenses has averaged $12.8 million across 5 years, with a median of $10.8 million in 2026.
• The largest YoY upside for Operating Expenses was 127.22% in 2022 against a maximum downside of 66.81% in 2022.
• FTC Solar's Operating Expenses stood at $17.9 million in 2022, then slumped by 30.75% to $12.4 million in 2023, then retreated by 22.83% to $9.6 million in 2024, then grew by 10.01% to $10.6 million in 2025, then climbed by 2.65% to $10.8 million in 2026.
• The last three Operating Expenses figures came in at $10.8 million (Q1 2026), $10.6 million (Q4 2025), and $9.3 million (Q3 2025), per Business Quant data.