FTC Solar (FTCI) Revenue (2020 - 2026)

FTC Solar (FTCI) reported Revenue of $17.3 million for Q1 2026, down 17.01% on a YoY basis from $20.8 million in Q1 2025, and down 42.45% quarter-over-quarter from $30.0 million in Q4 2025.

FTC Solar (FTCI) Revenue (2020 - 2026) Analysis & Trends

FTC Solar has reported Revenue for 7 years, with the latest figure at $17.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Revenue fell 17.01% year-over-year to $17.3 million; the trailing twelve-month figure through Mar 2026 stood at $93.3 million (up 67.87% YoY), and the FY2025 full-year result was $99.7 million, up 110.51% from the prior year.
  • Revenue for Q1 2026 stood at $17.3 million, down from $30.0 million in the prior quarter.
  • The five-year high for Revenue was $49.6 million in Q1 2022, with the low at $10.1 million in Q3 2024.
  • Historically, Revenue has averaged $24.2 million across 5 years, with a median of $23.2 million in 2023.
  • Annual changes were most pronounced in 2022 — Revenue slumped 74.22% — and 2025, when it soared 156.81%.
  • FTC Solar's Revenue 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 1.04 Bn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 880.52 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 282.90 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 310.50 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 722.23 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 140.56 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 223.41 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 1.78 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 25.20 Mn
10 FTC Solar 68.50 Mn 62.86 Mn -1.23 Mn 17.27 Mn

Historic Data

Download Data
DateValue
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