FTC Solar FTCI
NASDAQ FTCI
$2.13 -0.03 (-1.39%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

FTC Solar's (FTCI) quarterly Tax Rate came in at 0.61% in Q1 2026, up 762.0% YoY from 0.07% in Q1 2025, and down 98.7% on a QoQ basis from 46.79% in Q4 2025.

FTC Solar (FTCI) Tax Rate (2020 - 2026) Analysis & Trends

FTC Solar (FTCI) has 7 years of Tax Rate data on file, last reported at 0.61% in 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 declined to 0.61% in Q1 2026, from 46.79% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 46.79% in Q4 2025 to a low of 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.
  • The widest YoY moves for Tax Rate: up 4623 bps in 2025, down 714 bps in 2025.
  • Tracing FTCI's Tax Rate over 5 years: stood at 2.07% in 2022, then surged by 312 bps to 4.39% in 2023, then slumped by 87 bps to 0.55% in 2024, then soared by 8365 bps to 46.79% in 2025, then slumped by 99 bps to 0.61% in 2026.
  • The last three Tax Rate figures came in at 0.61% (Q1 2026), 46.79% (Q4 2025), and 0.18% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 First Solar 23.03 Bn 21.30 Bn 605.00 Mn 8.01%
2 Nextpower 13.03 Bn 11.82 Bn 335.85 Mn 16.88%
3 Enphase Energy 5.10 Bn 4.16 Bn 175.01 Mn 41.71%
4 Sunrun 2.19 Bn 2.19 Bn 527.54 Mn 1.87%
5 Solaredge Technologies 1.89 Bn 1.31 Bn 95.15 Mn -8.19%
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 21.67%
7 Canadian Solar 985.60 Mn -602.69 Mn 124.40 Mn -3.52%
8 JinkoSolar Holding 833.21 Mn -2.48 Bn 147.66 Mn -31.47%
9 Array Technologies 727.02 Mn 419.71 Mn 99.60 Mn 23.33%
10 FTC Solar 34.18 Mn 23.11 Mn -2.23 Mn -0.82%

Historic Data

Download Data
DateValue
Jun 30, 2026 -0.82%
Jun 30, 2026 -0.82%
Jun 30, 2026 -0.82%
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%