FTC Solar (FTCI) Retained Earnings (2020 - 2026)
FTC Solar's (FTCI) quarterly Retained Earnings came in at -$421.8 million in Q2 2026, down 212.05% on a YoY basis from $376.5 million in Q2 2025, and down 6.87% quarter-over-quarter from -$394.7 million in Q1 2026.
Analysis
FTC Solar (FTCI) Retained Earnings (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has reported Retained Earnings for 7 consecutive years, with -$421.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Retained Earnings fell 212.05% year-over-year to -$421.8 million; the trailing twelve-month figure through Jun 2026 stood at -$421.8 million (down 212.05% YoY), and the FY2025 full-year result was -$427.3 million, down 216.33% from the prior year.
- Retained Earnings declined to -$421.8 million in Q2 2026 per FTCI's latest filing, from -$394.7 million in the prior quarter.
- Across five years, Retained Earnings topped out at $376.5 million in Q2 2025 and bottomed at -$427.3 million in Q4 2025.
- Historically, Retained Earnings has averaged $177.8 million across 5 years, with a median of $339.9 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Retained Earnings soared 487.38% in 2022, then plunged 216.33% in 2025.
- Over 5 years, Retained Earnings stood at $315.3 million in 2022, then rose by 14.76% to $361.9 million in 2023, then climbed by 1.5% to $367.3 million in 2024, then slumped by 216.33% to -$427.3 million in 2025, then advanced by 1.28% to -$421.8 million in 2026.
- According to Business Quant data, Retained Earnings over the past three periods registered -$421.8 million, -$394.7 million, and -$427.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 7.56 Bn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 4.36 Bn |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 1.36 Bn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 1.93 Bn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 1.37 Bn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 498.50 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 1.37 Bn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | -396.52 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | - |
| 10 | FTC Solar | 36.75 Mn | 25.68 Mn | -2.23 Mn | -421.84 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -421.84 Mn |
| Mar 31, 2026 | -394.72 Mn |
| Dec 31, 2025 | -427.32 Mn |
| Sep 30, 2025 | -390.93 Mn |
| Jun 30, 2025 | 376.46 Mn |
| Mar 31, 2025 | 367.60 Mn |
| Dec 31, 2024 | 367.32 Mn |
| Sep 30, 2024 | 366.13 Mn |
| Jun 30, 2024 | 364.81 Mn |
| Mar 31, 2024 | 363.53 Mn |
| Dec 31, 2023 | 361.90 Mn |
| Sep 30, 2023 | 362.53 Mn |
| Jun 30, 2023 | 350.88 Mn |
| Mar 31, 2023 | 328.90 Mn |
| Dec 31, 2022 | 315.35 Mn |
| Sep 30, 2022 | 310.21 Mn |
| Jun 30, 2022 | 302.57 Mn |
| Mar 31, 2022 | 297.12 Mn |
| Dec 31, 2021 | 292.08 Mn |
| Sep 30, 2021 | 288.70 Mn |