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

FTC Solar (FTCI) reported Profit After Tax of $32.6 million for Q1 2026, up 953.6% on a YoY basis from $3.1 million in Q1 2025, and up 189.58% quarter-over-quarter from -$36.4 million in Q4 2025.

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

FTC Solar has reported Profit After Tax for 7 years, with the latest figure at $32.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Profit After Tax rose 953.6% year-over-year to $32.6 million; the trailing twelve-month figure through Mar 2026 stood at -$43.2 million (up 1.13% YoY), and the FY2025 full-year result was -$79.6 million, down 63.72% from the prior year.
  • Profit After Tax for Q1 2026 stood at $32.6 million, up from -$36.4 million in the prior quarter.
  • The five-year high for Profit After Tax was $32.6 million in Q1 2026, with the low at -$36.4 million in Q4 2025.
  • Historically, Profit After Tax has averaged -$14.4 million across 5 years, with a median of -$15.4 million in 2024.
  • Annual changes were most pronounced in 2022 — Profit After Tax plunged 273.46% — and 2026, when it jumped 953.6%.
  • FTC Solar's Profit After Tax stood at -$20.5 million in 2022, then jumped by 45.48% to -$11.2 million in 2023, then fell by 9.47% to -$12.2 million in 2024, then sank by 197.43% to -$36.4 million in 2025, then soared by 189.58% to $32.6 million in 2026.
  • The last three Profit After Tax figures came in at $32.6 million (Q1 2026), -$36.4 million (Q4 2025), and -$23.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 346.62 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 150.60 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -7.41 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -57.37 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -297.33 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -297,000.00
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 2.00 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -127.64 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -1.75 Mn
10 FTC Solar 68.50 Mn 62.86 Mn -1.23 Mn 32.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 32.60 Mn
Dec 31, 2025 -36.39 Mn
Sep 30, 2025 -23.94 Mn
Jun 30, 2025 -15.43 Mn
Mar 31, 2025 -3.82 Mn
Dec 31, 2024 -12.24 Mn
Sep 30, 2024 -15.36 Mn
Jun 30, 2024 -12.24 Mn
Mar 31, 2024 -8.77 Mn
Dec 31, 2023 -11.18 Mn
Sep 30, 2023 -16.94 Mn
Jun 30, 2023 -10.41 Mn
Mar 31, 2023 -11.76 Mn
Dec 31, 2022 -20.50 Mn
Sep 30, 2022 -25.64 Mn
Jun 30, 2022 -25.68 Mn
Mar 31, 2022 -27.79 Mn
Dec 31, 2021 -23.88 Mn
Sep 30, 2021 -22.92 Mn
Jun 30, 2021 -52.35 Mn