FTC Solar (FTCI) Profit After Tax (2020 - 2026)

FTC Solar (FTCI) posted Profit After Tax of $32.6 million for Q1 2026, up 189.22% on a QoQ basis from -$36.5 million in Q4 2025, and up 959.91% year-over-year from $3.1 million in Q1 2025.

FTC Solar (FTCI) Profit After Tax (2020 - 2026) Analysis & Trends

FTC Solar's Profit After Tax history runs 7 years deep, the most recent figure standing at $32.6 million for Q1 2026.

  • Quarterly Profit After Tax rose 959.91% year-over-year to $32.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$43.3 million (changed 0.4% YoY) and the FY2025 annual result came in at -$79.6 million, down 63.72% from the prior year.
  • Profit After Tax was $32.6 million for Q1 2026 at FTC Solar, up from -$36.5 million in the prior quarter.
  • Across five years, Profit After Tax topped out at $32.6 million in Q1 2026 and bottomed at -$36.5 million in Q4 2025.
  • A 5-year average of -$14.4 million and a median of -$15.2 million in 2024 frame the typical range for Profit After Tax.
  • Annual changes were most pronounced in 2022 — Profit After Tax tumbled 273.46% — and 2026, when it jumped 959.91%.
  • FTC Solar's Profit After Tax stood at -$20.2 million in 2022, then surged by 46.93% to -$10.7 million in 2023, then retreated by 14.65% to -$12.3 million in 2024, then tumbled by 197.11% to -$36.5 million in 2025, then surged by 189.22% to $32.6 million in 2026.
  • Business Quant data shows FTCI's Profit After Tax at $32.6 million in Q1 2026, -$36.5 million in Q4 2025, and -$23.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 346.62 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 150.60 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -7.41 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -127.64 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -57.37 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -297.33 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -297,000.00
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -130.80 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 2.00 Mn
10 FTC Solar 48.88 Mn 43.25 Mn -1.23 Mn 32.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 32.60 Mn
Dec 31, 2025 -36.54 Mn
Sep 30, 2025 -23.94 Mn
Jun 30, 2025 -15.43 Mn
Mar 31, 2025 -3.79 Mn
Dec 31, 2024 -12.30 Mn
Sep 30, 2024 -15.15 Mn
Jun 30, 2024 -12.24 Mn
Mar 31, 2024 -8.77 Mn
Dec 31, 2023 -10.73 Mn
Sep 30, 2023 -16.98 Mn
Jun 30, 2023 -10.41 Mn
Mar 31, 2023 -11.76 Mn
Dec 31, 2022 -20.21 Mn
Sep 30, 2022 -26.11 Mn
Jun 30, 2022 -25.68 Mn
Mar 31, 2022 -27.79 Mn
Dec 31, 2021 -23.88 Mn
Sep 30, 2021 -22.91 Mn
Jun 30, 2021 -52.35 Mn