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

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

FTC Solar's (FTCI) quarterly Operating Expenses came in at $11.5 million in Q2 2026, up 51.62% on a YoY basis from $7.6 million in Q2 2025, and up 6.11% quarter-over-quarter from $10.8 million in Q1 2026.

Analysis

FTC Solar (FTCI) Operating Expenses (2020 - 2026) Analysis & Trends

FTC Solar (FTCI) has reported Operating Expenses for 7 consecutive years, with $11.5 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 51.62% year-over-year to $11.5 million; the trailing twelve-month figure through Jun 2026 stood at $42.2 million (up 20.66% YoY), and the FY2025 full-year result was $34.5 million, down 14.15% from the prior year.
  • Operating Expenses grew to $11.5 million in Q2 2026 per FTCI's latest filing, from $10.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $19.7 million in Q3 2023 and bottomed at $7.1 million in Q1 2025.
  • Historically, Operating Expenses has averaged $12.7 million across 5 years, with a median of $11.2 million in 2026.
  • The widest YoY moves for Operating Expenses: up 127.22% in 2022, down 66.81% in 2022.
  • Over 5 years, Operating Expenses stood at $17.9 million in 2022, then plunged by 30.75% to $12.4 million in 2023, then slipped by 22.83% to $9.6 million in 2024, then rose by 10.01% to $10.6 million in 2025, then increased by 8.93% to $11.5 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $11.5 million, $10.8 million, and $10.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 First Solar 22.26 Bn 20.53 Bn 605.00 Mn 154.62 Mn
2 Nextpower 12.25 Bn 11.04 Bn 335.85 Mn 144.95 Mn
3 Enphase Energy 4.86 Bn 3.93 Bn 175.01 Mn 123.50 Mn
4 Solaredge Technologies 2.25 Bn 1.67 Bn 95.15 Mn 111.20 Mn
5 T1 Energy 1.29 Bn 1.08 Bn 49.10 Mn 71.88 Mn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 30.80 Mn
7 Canadian Solar 877.81 Mn -588.69 Mn 168.48 Mn 239.53 Mn
8 Array Technologies 700.09 Mn 392.79 Mn 99.60 Mn 64.84 Mn
9 JinkoSolar Holding 608.82 Mn -2.07 Bn 75.62 Mn -287.32 Mn
10 FTC Solar 36.75 Mn 25.68 Mn -2.23 Mn 11.49 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 11.49 Mn
Mar 31, 2026 10.83 Mn
Dec 31, 2025 10.55 Mn
Sep 30, 2025 9.30 Mn
Jun 30, 2025 7.58 Mn
Mar 31, 2025 7.11 Mn
Dec 31, 2024 9.59 Mn
Sep 30, 2024 10.67 Mn
Jun 30, 2024 9.58 Mn
Mar 31, 2024 10.39 Mn
Dec 31, 2023 12.43 Mn
Sep 30, 2023 19.66 Mn
Jun 30, 2023 12.57 Mn
Mar 31, 2023 14.43 Mn
Dec 31, 2022 17.95 Mn
Sep 30, 2022 17.18 Mn
Jun 30, 2022 18.73 Mn
Mar 31, 2022 18.49 Mn
Dec 31, 2021 14.97 Mn
Sep 30, 2021 14.73 Mn