FTC Solar (FTCI) Revenue (2020 - 2026)
FTC Solar (FTCI) posted Revenue of $17.3 million for Q1 2026, down 42.45% on a QoQ basis from $30.0 million in Q4 2025, and down 17.01% year-over-year from $20.8 million in Q1 2025.
FTC Solar (FTCI) Revenue (2020 - 2026) Analysis & Trends
FTC Solar's Revenue history runs 7 years deep, the most recent figure standing at $17.3 million for Q1 2026.
- Quarterly Revenue fell 17.01% year-over-year to $17.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $93.3 million (up 67.87% YoY) and the FY2025 annual result came in at $99.7 million, up 110.51% from the prior year.
- Revenue was $17.3 million for Q1 2026 at FTC Solar, down from $30.0 million in the prior quarter.
- Across five years, Revenue topped out at $49.6 million in Q1 2022 and bottomed at $10.1 million in Q3 2024.
- A 5-year average of $24.2 million and a median of $23.2 million in 2023 frame the typical range for Revenue.
- Annual changes were most pronounced in 2022 — Revenue sank 74.22% — and 2025, when it soared 156.81%.
- FTC Solar's Revenue stood at $26.2 million in 2022, then slipped by 11.51% to $23.2 million in 2023, then plunged by 43.1% to $13.2 million in 2024, then jumped by 127.24% to $30.0 million in 2025, then tumbled by 42.45% to $17.3 million in 2026.
- Business Quant data shows FTCI's Revenue at $17.3 million in Q1 2026, $30.0 million in Q4 2025, and $26.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 1.04 Bn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 880.52 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 282.90 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 1.78 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 310.50 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 722.23 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 140.56 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 1.22 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 223.41 Mn |
| 10 | FTC Solar | 48.88 Mn | 43.25 Mn | -1.23 Mn | 17.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.27 Mn |
| Dec 31, 2025 | 30.00 Mn |
| Sep 30, 2025 | 26.03 Mn |
| Jun 30, 2025 | 19.99 Mn |
| Mar 31, 2025 | 20.80 Mn |
| Dec 31, 2024 | 13.20 Mn |
| Sep 30, 2024 | 10.14 Mn |
| Jun 30, 2024 | 11.43 Mn |
| Mar 31, 2024 | 12.59 Mn |
| Dec 31, 2023 | 23.20 Mn |
| Sep 30, 2023 | 30.55 Mn |
| Jun 30, 2023 | 32.36 Mn |
| Mar 31, 2023 | 40.89 Mn |
| Dec 31, 2022 | 26.22 Mn |
| Sep 30, 2022 | 16.57 Mn |
| Jun 30, 2022 | 30.72 Mn |
| Mar 31, 2022 | 49.55 Mn |
| Dec 31, 2021 | 101.72 Mn |
| Sep 30, 2021 | 52.99 Mn |
| Jun 30, 2021 | 50.11 Mn |