FTC Solar (FTCI) Property, Plant & Equipment (Net) (2020 - 2026)
FTC Solar (FTCI) recorded Property, Plant & Equipment (Net) of $3.65 million in Q2 2026, up 89.0% from $1.93 million a year earlier but down 1.9% from the prior quarter.
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Analysis
FTC Solar (FTCI) Property, Plant & Equipment (Net) (2020 - 2026) Analysis & Trends
At the end of FY2025, FTC Solar reported Property, Plant & Equipment (Net) of $3.79 million, up 71.1% from FY2024.
- Annual Property, Plant & Equipment (Net) has increased for five straight years, with a five-year compound annual growth rate of 64.9% (FY2020 to FY2025).
- Across earlier years, Property, Plant & Equipment (Net) came in at $2.22 million in FY2024 (+21.6%), $1.82 million in FY2023 (+7.1%), $1.7 million in FY2022 (+7.6%) and $1.58 million in FY2021 (+408.7%).
- Quarterly Property, Plant & Equipment (Net) has ranged from $1.44 million in Q2 2022 to $3.79 million in Q4 2025 over the past five years.
- On a year-over-year basis, Property, Plant & Equipment (Net) has increased for three consecutive quarters, with growth averaging 34.4% over the last eight quarters.
- Peak year-over-year performance for Property, Plant & Equipment (Net) in the last five years was growth of 408.7% in Q4 2021, against a decline of 21.1% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.72 million (Q1 2026), $3.79 million (Q4 2025) and $2.23 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn | 7.35 Bn |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn | 443.39 Mn |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn | 5.64 Bn |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn | 862.58 Mn |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn | 89.18 Mn |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | 1.60 Bn |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn | 572.41 Mn |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn | 136.45 Mn |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn | 155.10 Mn |
| 10 | FTC Solar | 35.38 Mn | -26.81 Mn | -2.23 Mn | 3.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.65 Mn |
| Mar 31, 2026 | 3.72 Mn |
| Dec 31, 2025 | 3.79 Mn |
| Sep 30, 2025 | 2.23 Mn |
| Jun 30, 2025 | 1.93 Mn |
| Mar 31, 2025 | 1.95 Mn |
| Dec 31, 2024 | 2.22 Mn |
| Sep 30, 2024 | 2.41 Mn |
| Jun 30, 2024 | 2.45 Mn |
| Mar 31, 2024 | 2.22 Mn |
| Dec 31, 2023 | 1.82 Mn |
| Sep 30, 2023 | 1.69 Mn |
| Jun 30, 2023 | 1.51 Mn |
| Mar 31, 2023 | 1.56 Mn |
| Dec 31, 2022 | 1.70 Mn |
| Sep 30, 2022 | 1.73 Mn |
| Jun 30, 2022 | 1.44 Mn |
| Mar 31, 2022 | 1.56 Mn |
| Dec 31, 2021 | 1.58 Mn |
| Dec 31, 2020 | 311,000.00 |
API Access
FTC Solar Property, Plant & Equipment (Net) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=FTCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "ticker": "FTCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=FTCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();