FTC Solar (FTCI) Other Operating Expenses (2020 - 2026)
FTC Solar posted quarterly Other Operating Expenses of $1.7 million for Q1 2026, up 50.97% year-on-year from $1.1 million in Q1 2025, and down 18.41% on a QoQ basis from $2.1 million in Q4 2025.
FTC Solar (FTCI) has 7 years of Other Operating Expenses data on file, last reported at $1.7 million in Q1 2026.
- For the quarter ending Q1 2026, Other Operating Expenses rose 50.97% year-over-year to $1.7 million; the trailing twelve-month figure through Mar 2026 stood at $6.8 million (down 11.13% YoY), and the FY2025 full-year result was $6.2 million, down 30.18% from the prior year.
- Other Operating Expenses for Q1 2026 stood at $1.7 million, down from $2.1 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at $6.3 million in Q3 2023 and bottomed at $1.1 million in Q1 2025.
- The 5-year median for Other Operating Expenses is $2.0 million (2022), against an average of $2.4 million.
- The widest annual swing landed in 2022, when Other Operating Expenses jumped 339.3%; it then slumped 61.95% in 2024.
- A 5-year view of Other Operating Expenses shows it stood at $1.8 million in 2022, then jumped by 178.82% to $4.9 million in 2023, then tumbled by 58.35% to $2.1 million in 2024, then advanced by 2.49% to $2.1 million in 2025, then retreated by 18.41% to $1.7 million in 2026.
- The last three Other Operating Expenses figures came in at $1.7 million (Q1 2026), $2.1 million (Q4 2025), and $1.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn |
| 10 | FTC Solar | 73.33 Mn | 67.69 Mn | -1.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.72 Mn |
| Dec 31, 2025 | 2.10 Mn |
| Sep 30, 2025 | 1.67 Mn |
| Jun 30, 2025 | 1.29 Mn |
| Mar 31, 2025 | 1.14 Mn |
| Dec 31, 2024 | 2.05 Mn |
| Sep 30, 2024 | 2.41 Mn |
| Jun 30, 2024 | 2.04 Mn |
| Mar 31, 2024 | 2.39 Mn |
| Dec 31, 2023 | 4.92 Mn |
| Sep 30, 2023 | 6.32 Mn |
| Jun 30, 2023 | 1.85 Mn |
| Mar 31, 2023 | 1.71 Mn |
| Dec 31, 2022 | 1.77 Mn |
| Sep 30, 2022 | 1.99 Mn |
| Jun 30, 2022 | 2.93 Mn |
| Mar 31, 2022 | 1.97 Mn |
| Dec 31, 2021 | 402,000.00 |
| Sep 30, 2021 | 2.22 Mn |
| Jun 30, 2021 | 3.10 Mn |
| Mar 31, 2021 | 1.10 Mn |
| Dec 31, 2020 | 1.17 Mn |
| Sep 30, 2020 | 1.04 Mn |
| Jun 30, 2020 | 818,000.00 |
| Mar 31, 2020 | 515,000.00 |