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
DateValue
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%