FTC Solar (FTCI) Tax Rate (2026)
FTC Solar (FTCI) reported Tax Rate of -0.82% for Q2 2026, down 0.56 percentage points from -0.26% a year earlier and down 1.43 percentage points from the prior quarter.
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Analysis
FTC Solar (FTCI) Tax Rate (2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, FTC Solar's Tax Rate came in at -1.20%, down 0.19 percentage points year-over-year; for FY2025, it came in at -0.66%, down 0.19 percentage points from FY2024.
- Tax Rate has a five-year change of -1.18 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at -0.48% in FY2024 (-1.14 pp), 0.67% in FY2023 (+1.11 pp), -0.44% in FY2022 (-0.28 pp) and -0.16% in FY2021 (-0.68 pp).
- The Q2 2026 figure ranks as the lowest quarterly Tax Rate since Q1 2025.
- Year over year, Tax Rate gained in three of the last eight quarters, with an average year-over-year change of -0.48 percentage points.
- The high point for year-over-year Tax Rate in five years was Q1 2026 (a gain of 7.73 percentage points); the low point was Q1 2025 (a drop of 7.25 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.61% (Q1 2026), -0.51% (Q4 2025) and -0.18% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 29.84% |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 0.75% |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 8.01% |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 21.56% |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 24.61% |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 16.88% |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 13.75% |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 41.71% |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 28.32% |
| 10 | FTC Solar | 35.38 Mn | -26.81 Mn | -2.23 Mn | - |
API Access
FTC Solar Tax Rate 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=tax-rate&ticker=FTCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=FTCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();