FTC Solar (FTCI) Research & Development (2020 - 2026)

FTC Solar (FTCI) has reported Research & Development for 7 consecutive years, with $2.1 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Research & Development rose 59.95% year-over-year to $2.1 million; the trailing twelve-month figure through Jun 2026 stood at $7.6 million (up 9.73% YoY), and the FY2025 full-year result was $6.2 million, down 30.18% from the prior year.
• Research & Development improved to $2.1 million in Q2 2026 per FTCI's latest filing, from $1.7 million in the prior quarter.
• Across five years, Research & Development topped out at $6.3 million in Q3 2023 and bottomed at $1.1 million in Q1 2025.
• Historically, Research & Development has averaged $2.4 million across 5 years, with a median of $2.1 million in 2025.
• The sharpest annual moves came in 2023 and 2024: Research & Development soared 197.46% in 2023, then sank 61.95% in 2024.
• Over 5 years, Research & Development stood at $2.4 million in 2022, then surged by 104.23% to $4.9 million in 2023, then slumped by 58.35% to $2.1 million in 2024, then climbed by 2.49% to $2.1 million in 2025, then dropped by 1.76% to $2.1 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $2.1 million, $1.7 million, and $2.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.