FTC Solar (FTCI) Shares Outstanding (Diluted) (2020 - 2026)
FTC Solar (FTCI) reported Shares Outstanding (Diluted) of 16.05 million for Q2 2026, up 22.5% from 13.1 million a year earlier but down 28.3% from the prior quarter.
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Analysis
FTC Solar (FTCI) Shares Outstanding (Diluted) (2020 - 2026) Analysis & Trends
For FY2025, FTC Solar posted Shares Outstanding (Diluted) of 14.01 million, up 10.5% from FY2024.
- Shares Outstanding (Diluted) has increased for six consecutive years, with a five-year compound annual growth rate of 15.3% (FY2020 to FY2025).
- By year, Shares Outstanding (Diluted) came in at 12.68 million in FY2024 (+9.7%), 11.55 million in FY2023 (+13.9%), 10.14 million in FY2022 (+17.9%) and 8.6 million in FY2021 (+25.0%).
- Five-year quarterly Shares Outstanding (Diluted) spans a low of 8.6 million in Q4 2021 and a high of 22.4 million in Q1 2026.
- Year over year, Shares Outstanding (Diluted) has now increased in each of the last 21 quarters, with growth averaging 17.4% over the last eight quarters.
- Over the past five years, the year-over-year growth in Shares Outstanding (Diluted) ranged from 3.8% (Q2 2025) to 53.5% (Q1 2026).
- Per Business Quant data, the three quarters before Q2 2026 came in at 22.4 million (Q1 2026), 14.01 million (Q4 2025) and 14.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 270.00 Mn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 323.33 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 107.73 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 92.01 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 59.64 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 155.14 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 37.63 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 135.12 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 275.07 Mn |
| 10 | FTC Solar | 35.38 Mn | -26.81 Mn | -2.23 Mn | 16.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.05 Mn |
| Mar 31, 2026 | 22.40 Mn |
| Dec 31, 2025 | 14.01 Mn |
| Sep 30, 2025 | 14.90 Mn |
| Jun 30, 2025 | 13.10 Mn |
| Mar 31, 2025 | 14.59 Mn |
| Dec 31, 2024 | 12.68 Mn |
| Sep 30, 2024 | 12.74 Mn |
| Jun 30, 2024 | 12.62 Mn |
| Mar 31, 2024 | 12.56 Mn |
| Dec 31, 2023 | 11.55 Mn |
| Sep 30, 2023 | 11.98 Mn |
| Jun 30, 2023 | 11.27 Mn |
| Mar 31, 2023 | 10.68 Mn |
| Dec 31, 2022 | 10.14 Mn |
| Sep 30, 2022 | 10.22 Mn |
| Jun 30, 2022 | 10.03 Mn |
| Mar 31, 2022 | 9.92 Mn |
| Dec 31, 2021 | 8.60 Mn |
| Sep 30, 2021 | 9.46 Mn |
API Access
FTC Solar Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=FTCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=FTCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();