FTC Solar (FTCI) Tax Rate (2020 - 2026)
FTC Solar (FTCI) posted Tax Rate of 0.61% for Q1 2026, down 98.7% on a QoQ basis from 46.79% in Q4 2025, and up 762.0% year-over-year from 0.07% in Q1 2025.
FTC Solar (FTCI) Tax Rate (2020 - 2026) Analysis & Trends
FTC Solar's Tax Rate history runs 7 years deep, the most recent figure standing at 0.61% for Q1 2026.
- Quarterly Tax Rate rose 762.0% year-over-year to 0.61% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 39.01% (up 4016.0% YoY) and the FY2025 annual result came in at 21.0%, up 2148.0% from the prior year.
- Tax Rate was 0.61% for Q1 2026 at FTC Solar, down from 46.79% in the prior quarter.
- Across five years, Tax Rate topped out at 46.79% in Q4 2025 and bottomed at 7.01% in Q1 2025.
- A 5-year average of 2.34% and a median of 0.25% in 2025 frame the typical range for Tax Rate.
- Peak annual rise in Tax Rate reached 4623 bps in 2025, while the deepest fall reached 714 bps in 2025.
- FTC Solar's Tax Rate stood at 2.07% in 2022, then jumped by 312 bps to 4.39% in 2023, then plunged by 87 bps to 0.55% in 2024, then surged by 8365 bps to 46.79% in 2025, then plunged by 99 bps to 0.61% in 2026.
- Business Quant data shows FTCI's Tax Rate at 0.61% in Q1 2026, 46.79% in Q4 2025, and 0.18% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 2.18% |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 5.66% |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 46.76% |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -31.47% |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -2.29% |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -2.43% |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 23.06% |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -3.52% |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 51.59% |
| 10 | FTC Solar | 48.88 Mn | 43.25 Mn | -1.23 Mn | 0.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.61% |
| Mar 31, 2026 | 0.61% |
| Mar 31, 2026 | 0.61% |
| Dec 31, 2025 | 46.79% |
| Dec 31, 2025 | 46.79% |
| Dec 31, 2025 | 46.79% |
| Sep 30, 2025 | -0.18% |
| Sep 30, 2025 | -0.18% |
| Sep 30, 2025 | -0.18% |
| Jun 30, 2025 | -0.25% |
| Jun 30, 2025 | -0.25% |
| Jun 30, 2025 | -0.25% |
| Mar 31, 2025 | -7.01% |
| Mar 31, 2025 | -7.01% |
| Mar 31, 2025 | -7.01% |
| Dec 31, 2024 | 0.55% |
| Dec 31, 2024 | 0.55% |
| Dec 31, 2024 | 0.55% |
| Sep 30, 2024 | -1.61% |
| Sep 30, 2024 | -1.61% |