FTC Solar (FTCI) Profit After Tax (2020 - 2026)
FTC Solar's (FTCI) quarterly Profit After Tax came in at $32.6 million in Q1 2026, up 959.91% YoY from $3.1 million in Q1 2025, and up 189.22% on a QoQ basis from -$36.5 million in Q4 2025.
FTC Solar (FTCI) Profit After Tax (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has 7 years of Profit After Tax data on file, last reported at $32.6 million in 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 rose to $32.6 million in Q1 2026, from -$36.5 million in the prior quarter.
- In the past five years, Profit After Tax ranged from a high of $32.6 million in Q1 2026 to a low of -$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 plunged 273.46% — and 2026, when it jumped 959.91%.
- Tracing FTCI's Profit After Tax over 5 years: stood at -$20.2 million in 2022, then soared by 46.93% to -$10.7 million in 2023, then declined by 14.65% to -$12.3 million in 2024, then sank by 197.11% to -$36.5 million in 2025, then soared by 189.22% to $32.6 million in 2026.
- The last three Profit After Tax figures came in at $32.6 million (Q1 2026), -$36.5 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 | 23.03 Bn | 21.30 Bn | 605.00 Mn | 422.57 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 165.36 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 36.08 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | -208.17 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -30.75 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 12.14 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | -130.80 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | -127.64 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 24.35 Mn |
| 10 | FTC Solar | 34.18 Mn | 23.11 Mn | -2.23 Mn | -27.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -27.12 Mn |
| 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 |