Growth Metrics

FTC Solar (FTCI) Revenue (2020 - 2026)

FTC Solar posted quarterly Revenue of $17.3 million for Q1 2026, down 17.01% year-on-year 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) has 7 years of Revenue data on file, last reported 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.
  • Across five years, Revenue topped out at $49.6 million in Q1 2022 and bottomed at $10.1 million in Q3 2024.
  • The 5-year median for Revenue is $23.2 million (2023), against an average of $24.2 million.
  • The widest annual swing landed in 2022, when Revenue plunged 74.22%; it then soared 156.81% in 2025.
  • A 5-year view of Revenue shows it stood at $26.2 million in 2022, then decreased by 11.51% to $23.2 million in 2023, then sank by 43.1% to $13.2 million in 2024, then soared by 127.24% to $30.0 million in 2025, then plunged 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 26.65 Bn 24.22 Bn 486.13 Mn 1.04 Bn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 880.52 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 1.22 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 282.90 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 310.50 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 722.23 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 140.56 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 223.41 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 1.78 Bn
10 FTC Solar 73.33 Mn 67.69 Mn -1.23 Mn 17.27 Mn

Historic Data

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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
Mar 31, 2021 65.71 Mn
Dec 31, 2020 44.18 Mn
Sep 30, 2020 59.64 Mn
Jun 30, 2020 51.16 Mn
Mar 31, 2020 32.38 Mn