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

FTC Solar has reported Operating Income for 7 years, with the latest figure at -$12.1 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Income fell 14.19% year-over-year to -$12.1 million; the trailing twelve-month figure through Mar 2026 stood at -$18.1 million (down 120.26% YoY), and the FY2025 full-year result was -$16.6 million, down 63.41% from the prior year.
• Operating Income for Q1 2026 stood at -$12.1 million, down from $13.2 million in the prior quarter.
• The five-year high for Operating Income was $29.2 million in Q4 2024, with the low at -$27.8 million in Q1 2022.
• Historically, Operating Income has averaged -$8.8 million across 5 years, with a median of -$12.1 million in 2026.
• Annual changes were most pronounced in 2022 — Operating Income tumbled 246.4% — and 2023, when it soared 243.04%.
• FTC Solar's Operating Income stood at -$19.9 million in 2022, then soared by 243.04% to $28.4 million in 2023, then rose by 2.94% to $29.2 million in 2024, then slumped by 54.99% to $13.2 million in 2025, then sank by 191.61% to -$12.1 million in 2026.
• The last three Operating Income figures came in at -$12.1 million (Q1 2026), $13.2 million (Q4 2025), and -$7.7 million (Q3 2025), per Business Quant data.