FTC Solar (FTCI) Tax Rate (2020 - 2026)

FTC Solar has reported Tax Rate for 7 years, with the latest figure at 0.61% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate rose 773.0% year-over-year to 0.61%; the trailing twelve-month figure through Mar 2026 stood at 0.58% (up 56.0% YoY), and the FY2025 full-year result was 0.38%, up 9.0% from the prior year.
• Tax Rate for Q1 2026 stood at 0.61%, up from 0.1% in the prior quarter.
• The five-year high for Tax Rate was 3.72% in Q4 2023, with the low at 7.12% in Q1 2025.
• Historically, Tax Rate has averaged 0.45% across 5 years, with a median of 0.26% in 2025.
• Annual changes were most pronounced in 2025 — Tax Rate tumbled 725 bps — and 2026, when it surged 773 bps.
• FTC Solar's Tax Rate stood at 2.09% in 2022, then jumped by 278 bps to 3.72% in 2023, then sank by 85 bps to 0.55% in 2024, then slumped by 82 bps to 0.1% in 2025, then jumped by 513 bps to 0.61% in 2026.
• The last three Tax Rate figures came in at 0.61% (Q1 2026), 0.1% (Q4 2025), and 0.18% (Q3 2025), per Business Quant data.