FTC Solar (FTCI) Revenue (2020 - 2026)
FTC Solar's (FTCI) quarterly Revenue came in at $17.3 million in Q1 2026, down 17.01% YoY from $20.8 million in Q1 2025, and down 42.45% on a QoQ basis from $30.0 million in Q4 2025.
FTC Solar (FTCI) Revenue (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has 7 years of Revenue data on file, last reported at $17.3 million in 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 eased to $17.3 million in Q1 2026, from $30.0 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $49.6 million in Q1 2022 to a low of $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 slumped 74.22% — and 2025, when it soared 156.81%.
- Tracing FTCI's Revenue over 5 years: stood at $26.2 million in 2022, then retreated by 11.51% to $23.2 million in 2023, then slumped by 43.1% to $13.2 million in 2024, then surged by 127.24% to $30.0 million in 2025, then sank by 42.45% to $17.3 million in 2026.
- The last three Revenue figures came in at $17.3 million (Q1 2026), $30.0 million (Q4 2025), and $26.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 1.06 Bn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 935.17 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 291.85 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 869.99 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 346.25 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 163.37 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 1.22 Bn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | 1.78 Bn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 342.07 Mn |
| 10 | FTC Solar | 34.18 Mn | 23.11 Mn | -2.23 Mn | 26.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.16 Mn |
| 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 |