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| Date | Value |
|---|---|
| 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 |