FTC Solar (FTCI) Other Operating Expenses (2020 - 2026)
FTC Solar's (FTCI) quarterly Other Operating Expenses came in at $1.7 million in Q1 2026, up 85.61% YoY from $924000.0 in Q1 2025, and down 41.27% on a QoQ basis from $2.9 million in Q4 2025.
FTC Solar (FTCI) Other Operating Expenses (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has 7 years of Other Operating Expenses data on file, last reported at $1.7 million in Q1 2026.
- Quarterly Other Operating Expenses rose 85.61% year-over-year to $1.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.0 million (up 132.22% YoY) and the FY2025 annual result came in at $6.2 million, up 4.84% from the prior year.
- Other Operating Expenses fell to $1.7 million in Q1 2026, from $2.9 million in the prior quarter.
- In the past five years, Other Operating Expenses ranged from a high of $3.1 million in Q4 2022 to a low of -$2.7 million in Q4 2023.
- A 5-year average of $1.5 million and a median of $1.9 million in 2023 frame the typical range for Other Operating Expenses.
- Annual changes were most pronounced in 2023 — Other Operating Expenses sank 189.04% — and 2025, when it surged 419.13%.
- Tracing FTCI's Other Operating Expenses over 5 years: stood at $3.1 million in 2022, then plunged by 189.04% to -$2.7 million in 2023, then jumped by 66.37% to -$915000.0 in 2024, then surged by 419.13% to $2.9 million in 2025, then slumped by 41.27% to $1.7 million in 2026.
- The last three Other Operating Expenses figures came in at $1.7 million (Q1 2026), $2.9 million (Q4 2025), and $1.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn |
| 10 | FTC Solar | 34.18 Mn | 23.11 Mn | -2.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.21 Mn |
| Mar 31, 2026 | 1.72 Mn |
| Dec 31, 2025 | 2.92 Mn |
| Sep 30, 2025 | 1.23 Mn |
| Jun 30, 2025 | 1.13 Mn |
| Mar 31, 2025 | 924,000.00 |
| Dec 31, 2024 | -915,000.00 |
| Sep 30, 2024 | 1.47 Mn |
| Jun 30, 2024 | 1.54 Mn |
| Mar 31, 2024 | 2.39 Mn |
| Dec 31, 2023 | -2.72 Mn |
| Sep 30, 2023 | 1.92 Mn |
| Jun 30, 2023 | 1.85 Mn |
| Mar 31, 2023 | 1.92 Mn |
| Dec 31, 2022 | 3.06 Mn |
| Sep 30, 2022 | 2.13 Mn |
| Jun 30, 2022 | 2.71 Mn |
| Mar 31, 2022 | 2.70 Mn |
| Dec 31, 2021 | -2.83 Mn |
| Sep 30, 2021 | 2.12 Mn |