Growth Metrics

FTC Solar (FTCI) Shares Outstanding (Diluted Average) (2020 - 2026)

FTC Solar posted quarterly Shares Outstanding (Diluted Average) of $22.4 million for Q1 2026, up 53.52% year-on-year from $14.6 million in Q1 2025, and up 59.83% on a QoQ basis from $14.0 million in Q4 2025.

FTC Solar (FTCI) has 7 years of Shares Outstanding (Diluted Average) data on file, last reported at $22.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) rose 53.52% year-over-year to $22.4 million; the trailing twelve-month figure through Mar 2026 stood at $22.4 million (up 53.52% YoY), and the FY2025 full-year result was $14.0 million, up 10.54% from the prior year.
  • Shares Outstanding (Diluted Average) for Q1 2026 stood at $22.4 million, up from $14.0 million in the prior quarter.
  • Across five years, Shares Outstanding (Diluted Average) topped out at $112.8 million in Q3 2023 and bottomed at $11.6 million in Q4 2023.
  • The 5-year median for Shares Outstanding (Diluted Average) is $14.6 million (2025), against an average of $51.3 million.
  • The widest annual swing landed in 2024, when Shares Outstanding (Diluted Average) plunged 88.71%; it then surged 53.52% in 2026.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $101.4 million in 2022, then slumped by 88.61% to $11.6 million in 2023, then grew by 9.7% to $12.7 million in 2024, then grew by 10.54% to $14.0 million in 2025, then soared by 59.83% to $22.4 million in 2026.
  • The last three Shares Outstanding (Diluted Average) figures came in at $22.4 million (Q1 2026), $14.0 million (Q4 2025), and $13.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 107.62 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 152.71 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 2,500.00
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 131.34 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 60.52 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 272.35 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 167.56 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 152.96 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 209.48 Mn
10 FTC Solar 73.33 Mn 67.69 Mn -1.23 Mn 22.40 Mn

Historic Data

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DateValue
Mar 31, 2026 22.40 Mn
Dec 31, 2025 14.01 Mn
Sep 30, 2025 13.63 Mn
Jun 30, 2025 12.95 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 112.79 Mn
Jun 30, 2023 109.63 Mn
Mar 31, 2023 106.79 Mn
Dec 31, 2022 101.41 Mn
Sep 30, 2022 102.16 Mn
Jun 30, 2022 100.32 Mn
Mar 31, 2022 99.21 Mn
Dec 31, 2021 86.04 Mn
Sep 30, 2021 94.60 Mn
Jun 30, 2021 86.16 Mn
Mar 31, 2021 66.88 Mn
Dec 31, 2020 68.81 Mn
Sep 30, 2020 67.57 Mn
Jun 30, 2020 70.99 Mn
Mar 31, 2020 77.11 Mn