FTC Solar (FTCI) Selling, General & Administrative (2020 - 2026)
FTC Solar (FTCI) recorded Selling, General & Administrative of $8.22 million in Q2 2026, up 59.3% from $5.16 million a year earlier and up 2.8% from the prior quarter.
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Analysis
FTC Solar (FTCI) Selling, General & Administrative (2020 - 2026) Analysis & Trends
On a TTM basis, FTC Solar's Selling, General & Administrative came in at $29.96 million as of Jun 30, 2026, up 29.8% year-over-year; for FY2025, it came in at $23.96 million, down 5.8% from FY2024.
- Annual Selling, General & Administrative has declined for four straight years, though with a five-year compound annual growth rate of 15.2% (FY2020 to FY2025).
- Across earlier years, Selling, General & Administrative came in at $25.44 million in FY2024 (-31.4%), $37.11 million in FY2023 (-30.9%), $53.74 million in FY2022 (-29.2%) and $75.9 million in FY2021 (+543.3%).
- The Q2 2026 figure is the highest quarterly Selling, General & Administrative since Q3 2023.
- On a year-over-year basis, Selling, General & Administrative has increased for three consecutive quarters, with growth averaging 6.9% over the last eight quarters.
- Peak year-over-year performance for Selling, General & Administrative in the last five years was growth of 256.8% in Q3 2021, against a decline of 72.6% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $8 million (Q1 2026), $7.34 million (Q4 2025) and $6.4 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn | 1.37 Bn |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn | 71.42 Mn |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn | 51.95 Mn |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn | 73.16 Mn |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn | 100.44 Mn |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | 108.43 Mn |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn | - |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn | 31.33 Mn |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn | 105.10 Mn |
| 10 | FTC Solar | 35.38 Mn | -26.81 Mn | -2.23 Mn | 8.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.22 Mn |
| Mar 31, 2026 | 8.00 Mn |
| Dec 31, 2025 | 7.34 Mn |
| Sep 30, 2025 | 6.40 Mn |
| Jun 30, 2025 | 5.16 Mn |
| Mar 31, 2025 | 5.05 Mn |
| Dec 31, 2024 | 6.07 Mn |
| Sep 30, 2024 | 6.80 Mn |
| Jun 30, 2024 | 6.01 Mn |
| Mar 31, 2024 | 6.57 Mn |
| Dec 31, 2023 | 6.05 Mn |
| Sep 30, 2023 | 11.41 Mn |
| Jun 30, 2023 | 8.84 Mn |
| Mar 31, 2023 | 10.80 Mn |
| Dec 31, 2022 | 13.77 Mn |
| Sep 30, 2022 | 13.06 Mn |
| Jun 30, 2022 | 13.09 Mn |
| Mar 31, 2022 | 13.82 Mn |
| Dec 31, 2021 | 12.68 Mn |
| Sep 30, 2021 | 10.39 Mn |
API Access
FTC Solar Selling, General & Administrative API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=selling-general-and-administrative&ticker=FTCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "ticker": "FTCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=selling-general-and-administrative&ticker=FTCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();