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

FTC Solar has reported Research & Development for 7 years, with the latest figure at $1.1 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 21.0% year-over-year to $1.1 million; the trailing twelve-month figure through Mar 2026 stood at $4.6 million (down 15.17% YoY), and the FY2025 full-year result was $4.4 million, down 25.83% from the prior year.
• Research & Development for Q1 2026 stood at $1.1 million, up from $1.1 million in the prior quarter.
• The five-year high for Research & Development was $2.7 million in Q2 2022, with the low at $924000.0 in Q1 2025.
• Historically, Research & Development has averaged $1.7 million across 5 years, with a median of $1.5 million in 2024.
• The largest YoY upside for Research & Development was 38.23% in 2022 against a maximum downside of 51.44% in 2022.
• FTC Solar's Research & Development stood at $2.4 million in 2022, then tumbled by 39.86% to $1.4 million in 2023, then rose by 1.66% to $1.5 million in 2024, then decreased by 24.97% to $1.1 million in 2025, then gained by 1.08% to $1.1 million in 2026.
• The last three Research & Development figures came in at $1.1 million (Q1 2026), $1.1 million (Q4 2025), and $1.2 million (Q3 2025), per Business Quant data.