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| 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 |